Bellevue, WA, USA, WA: Real Estate and Market Insights From Mike Rudnev - January 2026
Bellevue sits across Lake Washington from Seattle and blends a compact downtown of towers and retail with quieter residential neighborhoods, offering a range of living options from high-rise condos to single-family streets. The city's streets and parks feel walkable, with waterfront paths and green spaces that are easy to reach for a morning stroll or an evening out, and local weather trends often bring cool, overcast days with light rain alongside brighter spells. Commuting to nearby job centers is straightforward by a mix of highways, bus routes, and growing rail connections, making it a practical base for people working across the region.
Residents appreciate the balance of urban amenities and neighborhood calm: dining and shopping districts sit close to family-oriented communities and pocket parks, while cultural venues and year-round community events offer regular opportunities to connect. For those considering buying, renting, or selling, Bellevue presents diverse housing choices and neighborhoods with distinct personalities, so lifestyle priorities like school access, transit convenience, or proximity to outdoor recreation often guide decisions. Overall, the city tends to attract people who want city conveniences without giving up easy access to nature and a quieter residential feel.
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Bellevue, WA’s Property Outlook: January 2026 Market Insights
As the winter months set in, Bellevue, WA, USA, WA continues to capture attention with tangible growth in property values and evolving buyer needs. Starting the year on strong footing, buyers, sellers, and investors are all asking: what makes January 2026 different for our local market? Whether you are plotting a quick sale or hunting for affordable homes in Bellevue, WA, USA, WA this January 2026, this detailed review brings the outlook into focus.
The real estate landscape for January in Bellevue, WA, USA, WA is being shaped by a robust median estimated property value at $1,632,770. That 3.7 percent year-over-year growth is not just a figure—it reflects growing confidence in area equity and stability, vital for both first time buyers and owners weighing whether to hold or list. Median sold price, at $1,517,500, highlights a swift market with momentum especially for move-in ready homes. Curious if it is a good time to buy in Bellevue, WA, USA, WA? These numbers explain why competition and value go hand in hand.
The volume of non-distressed closed transactions over the past three months exceeded $15 million. Active listings range from $300,000 to $4,950,000—proof that accessibility is not just a headline. The average price per square foot for closed homes sits at $874, and $509 for distressed, each offering unique value points. Investors should note the limited distressed inventory (four closed in the quarter), suggesting the majority of market activity is competitive and stable. The home price spectrum in Bellevue, WA, USA, WA gives you flexibility to act at your comfort tier.