Housing in 98005 Bellevue, WA is significantly higher than the national median value and appreciation rates. The median value of a home in this area is $1,385,000 while the United States median house value is $338,100. The US 1 year house appreciation rate is 8.27%, whereas in 98005 Bellevue, WA the appreciation rate clocks in at 7.43%. This makes 98005 Bellevue, WA an attractive housing market for buyers and sellers alike as the housing market shows steady growth.
The median home cost in Bellevue (zip 98005) is $1,385,000. Home appreciation the last 10 years has been 167.2%. Home Appreciation in Bellevue (zip 98005) is up 14.8%.
Average Age of Homes
- The median age of Bellevue (zip 98005) real estate is 39 years old
The Rental Market in Bellevue (zip 98005)
- Renters make up 40.6% of the Bellevue (zip 98005) population
- 0.7% of houses and apartments in Bellevue (zip 98005), 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.