5 hours on Rocket
$10,000 Closing Credit¹
#2354403, Sheng Lam, Listing Office: eXp Realty
Bellevue Housing Market Report March 2025•King County, Washington
Housing Prices in Bellevue, WA
How much do homes in Bellevue, WA cost?
Housing Market Conditions
Is Bellevue, WA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Bellevue is a Seller's Market
Difference Since March 2024
Since last year, Bellevue has remained a Seller's Market.
Insight
Bellevue is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$1,595,451$714/SqFt
+$184,628
+13.1%
Based on all homes sold in the last 12 months
Insight
Homes in Bellevue have sold for 13.1% more than they did a year ago.
Summary: The median home sold price in Bellevue was $1,595,451 in March 2025, up 13.1% from last year, and the median price per square foot was $714.
Median Sold Price By Cities
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Newcastle | $1.3M | $1.5M | +20.4% |
| Bellevue | $1.4M | $1.5M | +13.1% |
| Seattle East | $1.1M | $1.3M | +11.1% |
| Mercer Island | $2.1M | $2.3M | +7.7% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $790K | $692K | -12.4% |
| 22 Bedrooms | $713.7K | $752.5K | +5.4% |
| 33 Bedrooms | $1.3M | $1.3M | +4.5% |
| 44 Bedrooms | $1.6M | $1.8M | +12.6% |
| 55+ Bedrooms | $2.6M | $2.5M | -2.2% |
Summary: Bellevue housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -12.4%. The home price for 2 bedroom homes increased by +5.4%. The home price for 3 bedroom homes increased by +4.5%. The home price for 4 bedroom homes increased by +12.6%. The home price for 5 bedroom homes decreased by -2.2%.
How does Bellevue, WA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Bellevue, WA
Housing supply in Bellevue, WA
How many homes are available in Bellevue, WA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 503Last MonthMar 2025 | ||
| 3462 months agoFeb 2025 | +45.4 % Change MoMFeb – Mar |
Summary: The Bellevue real estate market had 503 homes for sale in Mar 2025, a 45.4 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 112Last MonthMar 2025 | ||
| 1032 months agoFeb 2025 | +8.7 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 35 | 44 | +25.7% |
| 22 Bedrooms | 100 | 135 | +35.0% |
| 33 Bedrooms | 72 | 100 | +38.9% |
| 44 Bedrooms | 80 | 113 | +41.3% |
| 55+ Bedrooms | 59 | 111 | +88.1% |
Summary: Bellevue housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +25.7%. The inventory for 2 bedroom homes increased by +35.0%. The inventory for 3 bedroom homes increased by +38.9%. The inventory for 4 bedroom homes increased by +41.3%. The inventory for 5 bedroom homes increased by +88.1%.
Asking Price vs. Sold Price
How much do homes in Bellevue, WA cost?
Over Asking Price43 Homes
At Asking Price35 Homes
Under Asking Price34 Homes
Insight
If you're buying a home in Bellevue, you could pay more than the asking price. 38.4% of homes here sold above asking price last month.
Summary: A total of 112 homes were sold or pending in Bellevue in March 2025, up by 8.7% month-over-month. Of the 112 sold homes, 30% were sold under asking, 31% were sold at asking, and and 38% were sold over asking.
Days on Market for Bellevue, WA
How long does it take to sell a home in Bellevue, WA?
Breakdown of Home Sale Times
Under 30 Days97 Homes
30 – 90 Days4 Homes
Over 90 Days11 Homes
Insight
Many homes in Bellevue are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 112 homes were sold in Bellevue; 87% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 19 DaysThis YearMar 2025 | ||
| 19 Days1 year agoMar 2024 | +0.9 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Bellevue had an average listing age of 19 days in Mar 2025, up by 0.9% compared to the previous year.
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Newest Listings in Bellevue, WA
What homes are available in Bellevue, WA?
5 hours on Rocket
$3,099 Closing Credit¹
#2354451, Indy Basra, Listing Office: Every Door Real Estate
6 hours on RocketTour
$10,000 Closing Credit¹
#2353587, Danielle Goheen, Listing Office: Keller Williams Eastside
6 hours on Rocket
$6,650 Closing Credit¹
#2352333, Mike Nagel, Listing Office: Best Choice Network LLC
7 hours on Rocket
#2353193, Tere Foster, Listing Office: COMPASS
7 hours on RocketTour
$6,234 Closing Credit¹
#2354116, Warren Chang, Listing Office: Redfin
7 hours on Rocket
$7,980 Closing Credit¹
#2354376, Brooke Kavieff, Listing Office: Polaris Pacific
8 hours on Rocket
$10,000 Closing Credit¹
#2354295, Nicole Mangina, Listing Office: Windermere Bellevue Commons
9 hours on Rocket
$10,000 Closing Credit¹
#2351753, Max Rombakh, Listing Office: Windermere Real Estate/East
9 hours on RocketTour
#2353792, Sheryl Yang, Listing Office: Skyline Properties, Inc.
10 hours on RocketTour
$10,000 Closing Credit¹
#2352472, Helen Kim, Listing Office: Windermere Real Estate/East
11 hours on RocketTour
$10,000 Closing Credit¹
#2354112, Jeanie Van Amen, Listing Office: John L. Scott, Inc.
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MLS Disclaimers and Copyright
Based on information from Northwest Multiple Listing Service, for the period 04/01/2023 - 04/01/2025
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved. DMCA Notice
Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/3/2025, 2:17:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.