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Bellevue, WA 98004 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Bellevue, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.05
ActiveActive listings: 100100PendingPending sales: 55
Bellevue, WA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $2.34M$2.34MSoldMedian sold price (last 6 months): $1.88M$1.88M
What homes actually sell for in Bellevue, WA
Distribution of 241 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $800k to $3.25M
$435k to $1.35M: 82 sales82sales$435k$1.35M to $2.27M: 46 sales$2.27M to $3.19M: 39 sales$2.27M$3.19M to $4.11M: 24 sales$4.11M to $5.02M: 14 sales$4.11M$5.02M to $5.94M: 1 sales$5.94M to $6.86M: 8 sales$5.94M$6.86M to $7.78M: 2 salesMedian $1.88M

What the numbers say

As of September 14, 2026, Resideline is tracking 100 active listings and 5 pending sales in ZIP code 98004. That pending-to-active ratio of 0.05 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $2,341,000, while the median of the 241 closed sales Resideline tracked over the last six months was $1,880,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 98004 for 66 days.

Frequently asked questions

What is the median home price in 98004?

The median closed sale price in Bellevue, WA 98004 was $1,880,000 over the last six months, based on 241 closed sales tracked by Resideline. The middle half of those sales ranged from $800,000 to $3,250,000.

Is 98004 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 100 active listings in 98004, a pending-to-active ratio of 0.05. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 98004 currently looks like a balanced market.

Nearby ZIP code market data

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