Bellevue, Washington.
Typical home $1,386,450 (-4.4% in a year), asking rent $2,759 (+1.6%). Seattle-Tacoma-Bellevue, WA metro.
to buy the typical home at today's mortgage rate — +$3,998 (+122%) since Jan 2020.
- 1 year
- Down $63,685 -4%
- $1,450,135$1,386,450 since Sep 2025
- 5 years
- Up $208,331 +18%
- $1,178,118$1,386,450 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Bellevue$7,277
- Washington$3,084
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 21 years.
Typical home values in Bellevue, WA fell 4.4% over the past year — slower than the nation's +1.2%.
Asking rents in Bellevue, WA rose 1.6% over the past year — slower than the nation's +2.7%.
Owning the typical home in Bellevue runs $6,958/mo more than renting one. The gap peaked at $7,862 in Jan 2025.
That is $9,717 a month against $2,759 rent: a $7,277 mortgage payment, plus $956 property tax and $1,484 insurance & upkeep.
Owning vs renting — Bellevue
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$9,717
- Renting$2,759
- Mortgage only$7,277
Property tax · $956/mo 0.83% of value a year — the ACS 2020-2024 median bill over the median home value for King County, WA
Insurance & upkeep · $1,484/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Bellevue, King County, Washington
Bellevue is a city of 151,854 people in King County. Half its households earn more than $165,576 a year and half less, against $124,746 across King County; 7% of its people live below the poverty line. 52% of its homes are lived in by their owners and 48% are rented. Unemployment in Bellevue was 4.5% in August 2026, and King County had 0.9% fewer jobs in 2025 than the year before. The most residents work in professional services, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Bellevue is a city just across Lake Washington from Seattle, and its households earn well above the county's typical income. Fewer homes here are lived in by their owners than you might expect, so renting is common, and the typical home and the typical rent both sit at a high level. Adults are mostly college-educated, with a four-year degree the norm, and winters are cool and damp, with only a little snow, while August is the warmest month.
Work. Residents work mainly in professional and business services, in schools, hospitals and social care, in shops, and in media and telecoms. Among the largest workplaces in Bellevue are Overlake Hospital Medical Center, the Bellevue School District and Bytedance. A good share of people work from home, and those who commute spend a moderate time getting to their jobs.
Things to do. Lake Washington and Lake Sammamish are both a short drive away, and are the nearest places for time by the water. Across the lake in Seattle, the Space Needle is one of the best known tourist attractions in the region, and the Museum of Pop Culture is a short drive away for a rainy afternoon.
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- 61,977households
- 72%of adults have a degree
- 7%below the poverty line
- 24 mintypical commute
- 36%work from home
What residents work in
Employed residents by industry, from the Census survey. King County had 1,436,484 jobs in 2025, 0.9% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 46° and lows near 37°; warmest in August, with highs near 77° and lows near 57°. About 4 inches of snow and 38 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Seattle Sand Pt Wsfo weather station, 8 miles away (NOAA).
Largest workplaces in Bellevue
- Overlake Hospital Medical CenterGeneral hospital2,875FTE
- Bellevue School DistrictSchool district2,186FTE
- Bytedance Inc. - SeattleMedia streaming distribution services1,962
- City of BellevueCity and town managers' offices1,873
- Bellevue CollegeUniversity or college1,283
- Overlake Medical ClinicsPhysicians' offices936
- ChewyCorporate offices760
- The Bay Club Company, LLCHealth & fitness industry626
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 116 workplaces with 20 or more staff, 22,799 people in all. Hospitals come from their Medicare cost reports (CMS, 2023), school districts from the Common Core of Data (NCES, 2023–24) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- AvalanchesRelatively high
- EarthquakesRelatively high
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Bellevue’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on King County and the Seattle-Tacoma-Bellevue, WA metro.
Bellevue home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Bellevue$1,386,450
- Washington$587,533
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Bellevue listings, and the typical home goes pending in 41 days — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Bellevue31.78%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Bellevue41
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Bellevue630
New listings per month
Sellers arriving at the market.
- Bellevue147
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Bellevue$1,325,789
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Bellevue97.42%
Zip codes with a Bellevue address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Bellevue — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Bellevue
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 98006 | Bellevue | 40,009 | $3,757 | $1,532,900 |
| 98004 | Bellevue | 39,897 | $2,932 | $1,913,485 |
| 98007 | Bellevue | 27,692 | $2,381 | $969,833 |
| 98008 | Bellevue | 27,242 | $4,019 | $1,291,296 |
| 98005 | Bellevue | 21,846 | $2,601 | $1,501,554 |