Is Bellevue, NE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bellevue is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Bellevue has remained a Seller's Market.

Key Takeaway

Bellevue is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bellevue, NE

How much do homes in Bellevue, NE cost?

Median Sold Price

$274,500

$140/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$10,500(-3.7%)

Key Takeaway

Homes in Bellevue have sold for 3.7% less than they did a month ago.

Summary: The median home sold price in Bellevue was $274,500 in October 2024, down 3.7% from last month, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$150K
N/A
2 $192.2K$175K
-9.0%
3 $272.5K$275K
+0.9%
4 $370K$350K
-5.4%
5+ $371.2K$425K
+14.5%

Summary: Bellevue housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 14.5%.

Median Sold Price Compared To Nearby Cities

Bellevue
-3.7%
Bellevue Second I
-4.7%

Housing Supply in Bellevue, NE

How many homes are available in Bellevue, NE?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
241253+5.0%

Summary: The Bellevue real estate market had 253 homes for sale in October 2024, a 5.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 2927
-6.9%
3 138144
+4.3%
4 5465
+20.4%
5+ 1815
-16.7%

Summary: The Bellevue housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 20.4%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
7065-7.1%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

25 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bellevue, expect to pay close to the asking price. 40.3% of homes here sold near the asking price last month.

Summary: A total of 65 homes were sold or pending in Bellevue in October 2024, down by 7.1% month-over-month. Of the 62 sold homes, 35% were sold under asking, 40% were sold at asking, and 24% were sold over asking.

Days on Market for Bellevue, NE

How long does it take to sell a home in Bellevue, NE?

Average Sale Time

Sep 2024Oct 2024CHANGE
15 Days10 Days-36.8%

Summary: Homes in Bellevue had an average of 10 days on market in Oct 2024, down by 36.8% compared to last month.

Breakdown of Home Sale Times

60 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bellevue are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 65 homes were sold in Bellevue; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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