Home ValuePros

Market Intelligence · WA / Bellevue

Bellevue, WA 98008 Housing Market

In Bellevue, WA 98008, the typical home value is $1,352,693, down 4.6% over the past year. The median list price is $1,695,000, and homes spend a median of 37 days on the market. That points to a high priced market that has cooled.

Updated August 2026Median value$1317K

The median home value in Bellevue, WA 98008 is $1.32M as of August 2026, down 4.8% 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 98008 range

$1.21M to $1.42M

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 98008 market stats. Unsubscribe anytime.

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

12-month value trend

-4.8% over 12 months

Typical home value in 98008 over the last 12 months: $1.38M in Aug 2025 to $1.32M in Aug 2026 (-4.8%).

Aug 2025$1.38M

Aug 2026$1.32M

The numbers

What is the 98008 housing market like?

Typical home value

$1.32M

Down4.8%YoY

Median list price

$1.7M

Down3.8%MoM

Days on market

37

Down5.1%MoM

Homes for sale

90

Up5.9%MoM

Price cuts

11.3%

Up5.9%MoM

New listings

32

Down5.9%MoM

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

Free home value report

See what your 98008 home is worth.

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

The comparison

How do 98008 home prices compare?

  • 98008$1,317,444
  • 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 90 homes for sale in 98008, with 32 new listings added. The median list price is $1,695,000 while the typical home value is $1,352,693, down 4.6% over the past year. A median of 37 days on market gives buyers time to compare options, and 11.3% of listings have taken a price cut. The market is still expensive, but softer values and visible cuts mean leverage is not entirely on the seller's side. Price for today's buyers, not last year's peak.

Monthly payment

Estimate your monthly payment.

20% · $263,489

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.