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BELLEVUE, WA 98005

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 98005

Bellemead · Belridge · Bridle Trails · Brookwood · Cherry Crest · Compton Green · Compton Trails · Crossroads · Glendale · Pikes Peak · Shadowwood · Sunset Community Org · Trails End · West Lake Hills · Wilburton · Woodridge

Market Analysis

Data as of March 2026. Source: Realtor.com.

The BELLEVUE, WA real estate market (98005) currently shows 73 active listings, with 25 pending sales. Homes are averaging 32 days on the market before going under contract.

Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 32 days on market compared to 21 days last year.

The median listing price has risen 39.9% year-over-year, from $968,000 to $1,354,500.

Whether you are buying or selling in BELLEVUE, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 22,030  ·  Density: 1,159.1/mi²  ·  Median household income: $151,297

Typical home value: $1,242,130  ·  Homeownership: 51.5%

Market Overview

Active Listings
73
⇧ 25.9% vs 58 last year
Pending
25
34% pending ratio
Median Price
$1,354,500
⇧ 39.9% vs $968,000 last year
Average Price
$1,756,986
⇧ 3% vs $1,705,830 last year
Days on Market
32
⇧ 52.4% vs 21 days last year

Price Per Square Foot

Median $/sqft
$663
⇧ 5.2% vs $630/sqft last year
Median Home Size
1,969 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 73 this year vs 58 last year
  • Days on market: 32 now vs 21 last year

Median & Average Pricing

Year over Year
  • Median: $1,354,500 (+39.9% YoY)
  • Average: $1,756,986 (+3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.3 miles — 1,248 listings ($2,371,101,913 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98005Bellevue, WA 980050.0 mi57$102,543,228$1,372,500$1,799,004
98004Bellevue, WA 980041.8 mi146$623,951,440$1,998,750$4,273,640
98039Medina, WA 980393.6 mi21$224,639,625$6,847,500$10,697,125
98033Kirkland, WA 980334.4 mi231$476,076,909$1,650,000$2,060,939
98052Redmond, WA 980525.1 mi141$177,100,653$940,750$1,256,033
98074Sammamish, WA 980745.8 mi57$117,836,727$1,703,250$2,067,311
98144Seattle, WA 981446.1 mi98$76,830,628$744,250$783,986
98075Sammamish, WA 980756.4 mi44$71,210,480$1,687,500$1,618,420
98056Renton, WA 980567.1 mi94$118,999,958$1,067,970$1,265,957
98034Kirkland, WA 980347.3 mi147$153,118,434$889,499$1,041,622
98104Seattle, WA 981047.6 mi70$59,865,750$502,450$855,225
98053Redmond, WA 980537.7 mi47$93,909,431$1,599,250$1,998,073
98109Seattle, WA 981098.3 mi95$75,018,650$648,000$789,670

Frequently Asked Questions

How many homes are for sale in BELLEVUE, WA 98005?

As of March 2026, there are 73 active listings in BELLEVUE, WA (zip code 98005), compared to 58 the prior year.

What is the median home price in BELLEVUE, WA 98005?

The median listing price in BELLEVUE, WA 98005 is $1,354,500 as of March 2026, a 39.9% increase from $968,000 the prior year.

How long do homes stay on the market in BELLEVUE, WA?

Homes in BELLEVUE, WA 98005 spend an average of 32 days on the market before going under contract, compared to 21 days the prior year.

Is it a seller's or buyer's market in BELLEVUE, WA 98005?

Based on current inventory and days-on-market data as of March 2026, BELLEVUE, WA 98005 is currently a Buyer's Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 32 days on market compared to 21 days last year.

How much can I save on real estate commission in BELLEVUE, WA?

With SELL123.com's maximum 3% commission, sellers in BELLEVUE, WA 98005 save an estimated $27,090 compared to a typical 5% commission on the median listing price of $1,354,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.