The housing market in 98004 Bellevue, WA is significantly more expensive than the national average. According to recent data, the median value of a house in 98004 Bellevue is $1,895,900 while the US median value is $338,100. Although there has been healthy appreciation for homes across the country with an 8.27% 1-year rate of return, the 1-year appreciation rate for houses in 98004 Bellevue is slightly lower at 7.43%. Despite this lower rate of return compared to the national average, the high median value shows that housing prices here remain above average and are still a strong investment opportunity.
The median home cost in Bellevue (zip 98004) is $1,895,900. Home appreciation the last 10 years has been 167.2%. Home Appreciation in Bellevue (zip 98004) is up 14.8%.
Average Age of Homes
- The median age of Bellevue (zip 98004) real estate is 25 years old
The Rental Market in Bellevue (zip 98004)
- Renters make up 48.1% of the Bellevue (zip 98004) population
- 3.5% of houses and apartments in Bellevue (zip 98004), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.