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BELLEVUE, WA 98005

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

The BELLEVUE, WA real estate market (98005) currently shows 57 active listings, with 15 pending sales. Homes are averaging 34 days on the market before going under contract.

Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 34 days on market compared to 27 days last year.

The median listing price has risen 93.7% year-over-year, from $708,750 to $1,372,500.

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
57
⇧ 72.7% vs 33 last year
Pending
15
26% pending ratio
Median Price
$1,372,500
⇧ 93.7% vs $708,750 last year
Average Price
$1,799,004
⇧ 17.4% vs $1,532,332 last year
Days on Market
34
⇧ 25.9% vs 27 days last year

Price Per Square Foot

Median $/sqft
$671
⇧ 10% vs $610/sqft last year
Median Home Size
2,061 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 57 this year vs 33 last year
  • Days on market: 34 now vs 27 last year

Median & Average Pricing

Year over Year
  • Median: $1,372,500 (+93.7% YoY)
  • Average: $1,799,004 (+17.4% 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 — 908 listings ($1,764,826,539 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98005Bellevue, WA 980050.0 mi48$90,889,344$1,546,500$1,893,528
98004Bellevue, WA 980041.8 mi127$537,749,623$1,799,450$4,234,249
98039Medina, WA 980393.6 mi11$130,808,227$8,812,500$11,891,657
98033Kirkland, WA 980334.4 mi183$363,098,901$1,609,950$1,984,147
98052Redmond, WA 980525.1 mi100$129,932,600$912,473$1,299,326
98074Sammamish, WA 980745.8 mi40$85,231,800$1,595,000$2,130,795
98144Seattle, WA 981446.1 mi83$62,686,580$699,000$755,260
98075Sammamish, WA 980756.4 mi29$44,804,768$1,469,000$1,544,992
98056Renton, WA 980567.1 mi79$87,993,360$839,475$1,113,840
98034Kirkland, WA 980347.3 mi117$121,798,989$762,500$1,041,017
98104Seattle, WA 981047.6 mi60$50,615,940$499,950$843,599
98053Redmond, WA 980537.7 mi29$58,466,407$1,550,000$2,016,083
98134Seattle, WA 981348.3 mi2$750,000$375,000$375,000

Frequently Asked Questions

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

As of February 2026, there are 57 active listings in BELLEVUE, WA (zip code 98005), compared to 33 the prior year.

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

The median listing price in BELLEVUE, WA 98005 is $1,372,500 as of February 2026, a 93.7% increase from $708,750 the prior year.

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

Homes in BELLEVUE, WA 98005 spend an average of 34 days on the market before going under contract, compared to 27 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 February 2026, BELLEVUE, WA 98005 is currently a Buyer's Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 34 days on market compared to 27 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 $27,450 compared to a typical 5% commission on the median listing price of $1,372,500. 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.