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Bellevue, WA 98004 Housing Market

Data snapshot: October 5, 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: 8383PendingPending 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): $1.88M$1.88M
What homes actually sell for in Bellevue, WA
Distribution of 251 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $789k to $3.35M
$415k to $1.34M: 89 sales89sales$415k$1.34M to $2.26M: 40 sales$2.26M to $3.18M: 42 sales$2.26M$3.18M to $4.11M: 26 sales$4.11M to $5.03M: 16 sales$4.11M$5.03M to $5.95M: 4 sales$5.95M to $6.88M: 8 sales$5.95M$6.88M to $7.8M: 2 salesMedian $1.88M

What the numbers say

As of October 5, 2026, Resideline is tracking 83 active listings and 7 pending sales in ZIP code 98004. That pending-to-active ratio of 0.08 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $2,995,000, while the median of the 251 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 85 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 251 closed sales tracked by Resideline. The middle half of those sales ranged from $789,000 to $3,350,000.

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

Resideline is currently tracking 7 pending sales against 83 active listings in 98004, a pending-to-active ratio of 0.08. 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

Full Bellevue, WA housing market report →

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