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Thinking of Buying a House in Bellevue, WA?
- Sep 19, 2024
- Sohel
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If you’re thinking about buying a house in Bellevue, you’re not alone. This Pacific Northwest gem continues to attract homebuyers with its strong economy, scenic views, top-rated schools, and unbeatable access to both city life and natural beauty.
But buying a home in Bellevue isn’t just a smart move—it’s also a significant investment. Whether you’re a first-time buyer or relocating from nearby Seattle, here’s a helpful, realistic guide to navigating the Bellevue housing market.
Bellevue is consistently ranked as one of the best cities to live in the U.S. Here’s why people are flocking to put down roots here: a strong job market with tech giants like Microsoft, T-Mobile, Meta, and Amazon; top-rated public schools; a safe, clean, and green environment; and beautiful neighborhoods ranging from lakefront estates to tree-lined suburbs.
Housing Market of Bellevue
As of early 2025, the median home price in Bellevue is around $1.3 million, according to Zillow and Redfin data. Prices vary widely depending on the neighborhood, property type, and proximity to downtown.
For example, West Bellevue and Clyde Hill are known for luxury homes often priced over $3 million. Suburban areas like Somerset and Lakemont range from $1 million to $1.8 million. More budget-conscious buyers may explore Eastgate or Lake Hills, where homes start around $850,000.
Sellers here favor buyers who are financially prepared and can move quickly. Partnering with a local real estate agent is also crucial. Bellevue has many micro-neighborhoods, each with a distinct feel—having someone who knows the area well can help you find the perfect fit for your lifestyle and budget.
Don’t overlook property taxes when budgeting. Bellevue’s average rate is around 0.93% of assessed value, which is slightly below the national average. Also, while Bellevue is well-connected by highways and public transit, traffic can be a challenge—especially around I-405 and SR-520. Be sure to factor commute times into your decision-making process.
Buying in Bellevue means more than just finding a home; you’re investing in a growing, future-ready community. With major developments, light rail expansion, and strong appreciation trends, homeownership here comes with long-term value and peace of mind. Read about the best places to stay in Bellevue.
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