Market Intelligence · WA / Bellevue

Bellevue, WA 98006 Housing Market

The typical home in Bellevue's 98006 ZIP code is valued at $1,571,544, down 3.9% over the past year. The median list price sits at $1,682,000, with homes taking a median of 56 days to sell as of September 2026.

Updated September 2026Median value$1533K

The median home value in Bellevue, WA 98006 is $1.53M as of September 2026, down 4.3% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 98006 range

$1.41M to $1.66M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-4.3% over 12 months

Sep 2025$1.6M

Low $1.53MHigh $1.61M

Sep 2026$1.53M

The numbers

What is the 98006 housing market like?

As of September 2026

Typical home value

$1.53M

4.3%YoY

Median list price

$1.68M

3.5%MoM

Days on market

24.4%MoM

Homes for sale

144

0.0%MoM

Price cuts

20.5%

16.2%MoM

New listings

25.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

98006 housing market forecast 2027

-0.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 98006 to fall 0.9% by September 2027.

Over the 12 months through September 2026, typical home values in 98006 fell 4.3%, per the Zillow Home Value Index.

Will home prices drop in 98006?

Zillow's forecast says they may: it expects typical home values in 98006 to fall 0.9% by September 2027, after a 4.3% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 98006 home prices compare?

98006$1,532,900
Bellevue$1,501,554
Washington$496,668
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Bellevue: 5 ZIPs; Washington: 485 ZIPs; United States: 26,262 ZIPs).

Context

Bellevue 98006 has 144 homes for sale, with 50 new listings entering the market in September 2026. The median days on market of 56 suggests a slower pace than in prior years, and the 20.5% of listings carrying a price cut reflects the softer conditions. Typical home values have declined over the past year, which may continue to pressure sellers who are pricing at the higher end of the range. If you are thinking about selling, expect that buyers have more options and less urgency than they did a year ago.

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Down payment20% · $306,580

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Common questions

What people ask us.

What is the typical home value in 98006?

The typical home value in Bellevue's 98006 ZIP is $1,571,544, down 3.9% over the past year as of August 2026.

How long do homes stay on the market in 98006?

Homes in this ZIP have a median time on market of 56 days as of September 2026.

What percentage of homes have had price cuts?

As of September 2026, 20.5% of listings in 98006 have had a price reduction.

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