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BELLEVUE, WA 98008

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

Neighborhoods in ZIP 98008

Bretton Wood · Crossroads · East Lake Hills · Lakewood Park · Phantom Lake · Robinswood · Rosemont Beach · Sammamish · Sherwood Forest · Spiritridge · Tam O' Shanter · West Lake Sammamish

Market Analysis

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

The BELLEVUE, WA real estate market (98008) currently shows 79 active listings, with 29 pending sales. Homes are averaging 23 days on the market before going under contract.

Inventory has increased compared to last year, with 35 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 23 days on market compared to 18 days last year.

The median listing price has fallen 3.1% year-over-year, from $1,612,500 to $1,562,488.

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: 27,060  ·  Density: 1,879.5/mi²  ·  Median household income: $164,219

Typical home value: $1,050,430  ·  Homeownership: 71.8%

Market Overview

Active Listings
79
⇧ 79.5% vs 44 last year
Pending
29
37% pending ratio
Median Price
$1,562,488
⇩ 3.1% vs $1,612,500 last year
Average Price
$2,017,183
⇧ 6.1% vs $1,900,730 last year
Days on Market
23
⇧ 27.8% vs 18 days last year

Price Per Square Foot

Median $/sqft
$680
⇩ 5% vs $716/sqft last year
Median Home Size
2,564 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 79 this year vs 44 last year
  • Days on market: 23 now vs 18 last year

Median & Average Pricing

Year over Year
  • Median: $1,562,488 (-3.1% YoY)
  • Average: $2,017,183 (+6.1% 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 9.7 miles — 1,139 listings ($2,219,841,658 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98008Bellevue, WA 980080.0 mi53$95,752,609$1,575,000$1,806,653
98005Bellevue, WA 980052.7 mi57$102,543,228$1,372,500$1,799,004
98075Sammamish, WA 980753.7 mi44$71,210,480$1,687,500$1,618,420
98004Bellevue, WA 980044.4 mi146$623,951,440$1,998,750$4,273,640
98029Issaquah, WA 980295.8 mi86$89,915,322$691,739$1,045,527
98033Kirkland, WA 980336.2 mi231$476,076,909$1,650,000$2,060,939
98039Medina, WA 980396.2 mi21$224,639,625$6,847,500$10,697,125
98059Renton, WA 980597.6 mi107$123,312,043$934,963$1,152,449
98144Seattle, WA 981448.5 mi98$76,830,628$744,250$783,986
98122Seattle, WA 981228.6 mi129$108,375,480$803,438$840,120
98105Seattle, WA 981058.8 mi91$158,393,144$967,450$1,740,584
98050Preston, WA 980509.1 mi1$2,345,000$2,345,000$2,345,000
98178Seattle, WA 981789.7 mi75$66,495,750$744,475$886,610

Frequently Asked Questions

How many homes are for sale in BELLEVUE, WA 98008?

As of March 2026, there are 79 active listings in BELLEVUE, WA (zip code 98008), compared to 44 the prior year.

What is the median home price in BELLEVUE, WA 98008?

The median listing price in BELLEVUE, WA 98008 is $1,562,488 as of March 2026, a 3.1% decrease from $1,612,500 the prior year.

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

Homes in BELLEVUE, WA 98008 spend an average of 23 days on the market before going under contract, compared to 18 days the prior year.

Is it a seller's or buyer's market in BELLEVUE, WA 98008?

Based on current inventory and days-on-market data as of March 2026, BELLEVUE, WA 98008 is currently a Buyer's Market. Inventory has increased compared to last year, with 35 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 23 days on market compared to 18 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 98008 save an estimated $31,250 compared to a typical 5% commission on the median listing price of $1,562,488. 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.