What to know before you move: cost, market timing, who it fits.
If you're considering a move to Bellevue, WA, the most important variables are the local housing market, the cost structure (taxes, insurance, utilities), and how well the city fits your day-to-day life. This page summarizes the housing market read; pair it with the cost of living page for the full picture.
Bellevue is a city in King County, Washington, with an estimated population of 154,377. It anchors the Seattle-Tacoma-Bellevue metro area. The median home value in Bellevue is $1,527,243 as of 2026-04, down 3.3% over the last 12 months. Over the last five years, home values have averaged +5.9% annual growth (-5.8% from the 5-year peak). Rents in Bellevue average $2,688 per month, roughly flat year-over-year (+0.3%). The composite momentum score is 55 of 100 (Stable). Conditions are neither hot nor cold, so the local fit matters more than market timing.
Sideways market (-3.3% YoY). No urgency to time the macro trend — focus on the home and neighborhood.
Reasons people move here
- Healthy 5-year run: +5.9% annualized over 5 years, outpacing US inflation.
- The data is the data: Bellevue has at least 5 years of Zillow tracking, full Census identification, and is included in the 2-criteria momentum score on this page.
Things to know first
- Expensive AND not growing: median home $1,527,243 with only -3.3% YoY. You're paying premium pricing for a flat trend.
- Cooling: -3.3% over the trailing year — momentum has stalled.
More about Bellevue
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.