Market Intelligence · WA / Bellevue

Bellevue, WA 98007 Housing Market

The typical home value in Bellevue's 98007 ZIP code is $1,020,072, down 4.4% over the past year. The median list price sits at $763,500, and homes are spending a median of 58 days on the market.

Updated August 2026Median value$996K

The median home value in Bellevue, WA 98007 is $996K as of August 2026, down 4.5% 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.

Get a cash offer

Sell without the wait

Sell your Bellevue home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 98007 range

$916K to $1.08M

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 98007 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Bellevue, WA.

12-month value trend

-4.5% over 12 months

Typical home value in 98007 over the last 12 months: $1.04M in Aug 2025 to $996K in Aug 2026 (-4.5%).

Aug 2025$1.04M

Aug 2026$996K

The numbers

What is the 98007 housing market like?

Typical home value

$996K

Down4.5%YoY

Median list price

$764K

Up1.3%MoM

Days on market

58

Up26.1%MoM

Homes for sale

84

Down1.2%MoM

Price cuts

27.8%

Up14.5%MoM

New listings

24

Down20.0%MoM

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

Free home value report

See what your 98007 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 98007 home prices compare?

  • 98007$995,621
  • Bellevue$1,535,675
  • Washington$500,124
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Bellevue: 5 ZIPs; Washington: 485 ZIPs; United States: 26,265 ZIPs).

Context

There are 84 homes for sale in 98007, with 24 new listings hitting the market. The typical home value of $1,020,072 has slipped 4.4% over the past year, while the median list price is $763,500. Homes are taking a median of 58 days to sell, and 27.8% of active listings have already taken a price cut. That combination points to a market where buyers have more room to negotiate than they did a year ago. For a seller, realistic pricing from day one matters more than ever in this ZIP.

Monthly payment

Estimate your monthly payment.

20% · $199,124

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.