According to statistics, the population in Bellevue, WA amounts to 139,014, which shows growth 2% compared to the previous year. The median age of the city’s residents is 38. The average household income is $105,402, shifting growth 5% from the past year, and the average property value in Bellevue, WA growth 9% to $665,700 throughout the year.
|Number Of Employees||71,799|
|Median Property Value||$665,700|
The average household income in Bellevue, WA grew from $100,703 to $105,402 in the past year. This data is an estimate based upon 55,691 households in Bellevue, WA . The chart below presents how household income is distributed in Bellevue, WA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Bellevue, WA shifted from $608,500 to $665,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bellevue, WA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bellevue, WA properties falls in the '$500,000 to $749,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Bellevue, WA compared to median property taxes around the country. The prevalent amount of property taxes in Bellevue, WA equals $3000, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|1 bed for sale||$712,916||+53.4%|
|2 bed for sale||$1,275,741||+59.3%|
|3 bed for sale||$1,613,818||+24.1%|
|4+ bed for sale||$2,982,272||-19.3%|
During Aug 2022, the average price for an apartment in/near Bellevue, WA decreased by 7.2% to $2,282,508.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 53.4% to $712,916. Asking price for 2-bed apartment also increased by 59.3% and a place of this size will now cost you $1,275,741. A 3-bed apartment goes for $1,613,818, it increased by 24.1% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 19.3% and made it down to $2,982,272.
|Listing Type||Aug||vs Last Month|
|Townhouses for sale||$694,500||N/A|
|Houses for sale||$2,755,023||-16.1%|
|Condos for sale||$1,057,984||+43.7%|
|Land for sale||$2,769,142||-44.6%|
Price reports demonstrate that house price decreased by 16.1% this month making it up to $2,755,023. Condos are really in demand in this season. The median price for a condo increased by 43.7%, it’s now available for $1,057,984. Value of the townhouses didn’t change, the price still starts at $694,500.