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Area data

Bellevue, WA — ZIP 98007

Population: 27,692 (Census ACS)

Home values & appreciation

Median home value
$1.02M
1-year appreciation
-4.4%
3-year appreciation
+2.7%
5-year appreciation
+14.4%
10-year appreciation
+97.7%
All-time peak (2022-06)
$1.16M
House Price Index
588.1 (+2.2% YoY)

Market activity

Median sale price
$1.20M
Median list price
$1.20M
Median days on market
20 days
Sale-to-list ratio
99.1%
Active listings
74
1-year forecast
-2.1%
New listings (monthly)
29

Rents

Typical rent
$2,408/mo
1-year rent change
-0.3%
1BR fair-market rent
$2,600/mo
3BR fair-market rent
$3,960/mo

Affordability

Cost of living index (Above Average)
107.5 (100 = US avg)
Electricity rate (state-level)
13.1¢/kWh
Natural gas rate (state-level)
$17.60/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
5
Elementary schools
2
Middle schools
2
High schools
1

Natural hazards & flood risk

Overall hazard risk
Very High
Top hazards
avalanche, earthquake, inlandFlooding, heatWave, iceStorm
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
50.7 in

Air quality

Air quality rating
Good
Median AQI (annual)
46
Days with Good air quality
214
Days with Unhealthy air quality
1

Walkability & transit

Walkability index
13.3 / 20
Transit service frequency
563

Amenities

National parks within ~60 mi
4
Nearest national park
Wing Luke Museum Affiliated Area (8 mi)
Nearest airport
Renton Municipal Airport (RNT) (9 mi)
Nearest major airport
King County International Airport - Boeing Field (BFI) (9 mi)
Hospitals nearby (~15 mi)
15
Avg hospital rating
3.4 / 5
Solar radiation rating
Poor (3.4 kWh/m²/day)

Migration

Net migration
-5,092 tax filers

Housing stock

Median year housing built
1,979
Median annual property tax
$7,289
Mean commute to work
15 min
Households with broadband internet
86.1%

Employment & development

Total county employment
1,282,761
Average weekly wage
$2,389
Top industries (by employment)
Health Care, Professional Services, Information
Annual residential building permits (county)
2,030

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents