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Lake Hills

BELLEVUE, WA 98008

Real Estate Market Report  ·  King County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
38
⇧ 46.2% vs 26 last year
Pending
14
37% pending ratio
Median Price
$1,640,000
⇩ 16.3% vs $1,960,000 last year
Average Price
$1,873,390
⇩ 1% vs $1,891,887 last year
Days on Market
60
⇧ 11.1% vs 54 days last year

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 Analysis

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

The BELLEVUE, WA real estate market (98008) currently shows 38 active listings, with 14 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 60 days on market compared to 54 days last year.

The median listing price has fallen 16.3% year-over-year, from $1,960,000 to $1,640,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 38 this year vs 26 last year
  • Days on market: 60 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $1,640,000 (-16.3% YoY)
  • Average: $1,873,390 (-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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.7 miles — 918 listings ($1,734,640,570 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98008Bellevue, WA 980080.0 mi38$71,188,820$1,640,000$1,873,390
98005Bellevue, WA 980052.7 mi48$90,889,344$1,546,500$1,893,528
98075Sammamish, WA 980753.7 mi29$44,804,768$1,469,000$1,544,992
98004Bellevue, WA 980044.4 mi127$537,749,623$1,799,450$4,234,249
98029Issaquah, WA 980295.8 mi60$59,582,220$730,000$993,037
98033Kirkland, WA 980336.2 mi183$363,098,901$1,609,950$1,984,147
98039Medina, WA 980396.2 mi11$130,808,227$8,812,500$11,891,657
98059Renton, WA 980597.6 mi80$94,941,840$875,000$1,186,773
98144Seattle, WA 981448.5 mi83$62,686,580$699,000$755,260
98122Seattle, WA 981228.6 mi111$93,734,949$824,000$844,459
98105Seattle, WA 981058.8 mi76$123,115,896$875,000$1,619,946
98050Preston, WA 980509.1 mi1$2,395,000$2,395,000$2,395,000
98178Seattle, WA 981789.7 mi71$59,644,402$707,450$840,062

Frequently Asked Questions

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

As of January 2026, there are 38 active listings in BELLEVUE, WA (zip code 98008), compared to 26 the prior year.

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

The median listing price in BELLEVUE, WA 98008 is $1,640,000 as of January 2026, a 16.3% decrease from $1,960,000 the prior year.

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

Homes in BELLEVUE, WA 98008 spend an average of 60 days on the market before going under contract, compared to 54 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 January 2026, BELLEVUE, WA 98008 is currently a Buyer's Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 60 days on market compared to 54 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 $32,800 compared to a typical 5% commission on the median listing price of $1,640,000. 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.