Start Free
All market snapshots / 98004

Bellevue, WA 98004 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Bellevue, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.08
ActiveActive listings: 8484PendingPending sales: 77
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): $3M$3MSoldMedian sold price (last 6 months): $1.98M$1.98M
What homes actually sell for in Bellevue, WA
Distribution of 231 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $800k to $3.49M
$415k to $1.26M: 72 sales72sales$415k$1.26M to $2.11M: 39 sales$2.11M to $2.96M: 34 sales$2.11M$2.96M to $3.81M: 29 sales$3.81M to $4.66M: 19 sales$3.81M$4.66M to $5.5M: 6 sales$5.5M to $6.35M: 5 sales$5.5M$6.35M to $7.2M: 4 salesMedian $1.98M

What the numbers say

As of October 26, 2026, Resideline is tracking 84 active listings and 7 pending sales in ZIP code 98004. That pending-to-active ratio of 0.08 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $2,999,000, while the median of the 231 closed sales Resideline tracked over the last six months was $1,980,000. 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 95 days.

Frequently asked questions

What is the median home price in 98004?

The median closed sale price in Bellevue, WA 98004 was $1,980,000 over the last six months, based on 231 closed sales tracked by Resideline. The middle half of those sales ranged from $800,000 to $3,487,000.

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

Resideline is currently tracking 7 pending sales against 84 active listings in 98004, a pending-to-active ratio of 0.08. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 98004 is currently a typical-pace market.

Nearby ZIP code market data

Full Bellevue, WA housing market report →

Running a deal in 98004? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator · MAO calculator · home appreciation calculator. One address: real estate deal analyzer · rent estimate by address

Run any 98004 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.