Explore Bellevue
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Why Live in Bellevue
Bellevue offers an exceptional blend of outdoor recreation and urban amenities across its 2,700 acres of parks and open spaces. The 53-acre Bellevue Botanical Garden showcases stunning display gardens and a Ravine Suspension Bridge, while Mercer Slough Nature Park provides kayaking and a working blueberry farm. The Bellevue Collection presents luxury shopping, complemented by notable restaurants like Ascend Prime Steak & Sushi on the 31st floor of Lincoln Square South Tower and Seastar Restaurant & Raw Bar.
The real estate landscape in Bellevue reflects its status as a tech hub, with the median single-family home price at 2 million dollars. Downtown Bellevue features luxury condos, with median prices of 874,000 dollars for one bedroom units and 1.65 million dollars for two bedrooms. Established neighborhoods like Somerset and Bridle Trails offer single-family homes with median prices of 2.06 million dollars and 2.2 million dollars respectively. Lake Hills and Crossroads provide more moderate options, with median single-family home prices of 1.59 million dollars and 1.655 million dollars.
Property taxes in Bellevue maintain a 0.84% effective rate, consistent with neighboring Seattle, Redmond, and Kirkland. Washington State applies a 7.0% tax on capital gains income only, with a combined sales tax rate of 9.43%.
The city's education system includes highly rated public schools such as Bellevue High School and Newport High School, both receiving A+ ratings. Private options include Forest Ridge School of the Sacred Heart and Eastside Preparatory School. Bellevue College provides higher education opportunities within the city.
Commuting options include King County Metro buses and the upcoming East Link light rail opening in 2024. Residents can reach downtown Seattle in approximately 10 miles via the I-90 or SR-520 bridges. The extensive network of bike lanes and trails supports cycling throughout the city.
Home Prices in Bellevue, WA
The median home sale price in Bellevue, WA is $1,524,500, down 5% year-over-year. Homes in Bellevue sell in 35 days on average, compared to the national average of 58 days.
Home Price Trends
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Median Sale Price
$1,524,500
|
Median Single Family Sale Price
$1,900,000
|
|
Median Townhouse Sale Price
$792,500
|
Median 2 Bedroom Sale Price
$650,000
|
|
Median 1 Bedroom Sale Price
$544,000
|
Average Price Per Sq Ft
$756
|
|
Number of Homes for Sale
593
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Last 12 months Home Sales
1,520
|
|
Months of Supply
4.70
|
Median List Price
$1,590,000
|
|
Median Change From 1st List Price
2%
|
Median Home Sale Price YoY Change
-5%
|
Popular Home Searches in Bellevue, WA
Homebuyers in Bellevue often seek upscale amenities, smart layouts, and proximity to nature—especially in neighborhoods like Somerset and West Bellevue.
- Prefer luxury living? Explore modern homes or mid-century modern homes.
- Looking for green features? Search for homes with solar panels or EV charging.
- Want indoor elegance? Check out homes with vaulted ceilings or hardwood floors.
- Need outdoor space? Consider homes with a yard or rooftop deck.
- Love lake views? Browse lakefront homes or waterfront homes along Lake Washington.