Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 63,015 people, 24,442 houses or apartments, and a median cost of homes of $281,744, Bellevue real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Bellevue, accounting for 68.43% of the city's housing units. Other types of housing that are prevalent in Bellevue include large apartment complexes or high rise apartments ( 23.88%), row houses and other attached homes ( 3.77%), and a few mobile homes or trailers ( 1.96%).
The most prevalent building size and type in Bellevue are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.09% owning and 36.91% renting.
There is a lot of housing in Bellevue built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Bellevue built between 1940-1969 ( 27.33%). A lesser amount of the housing stock also hails from between 2000 and later ( 20.91%). There's also some housing in Bellevue built before 1939 ( 3.96%).
Appreciation rates for homes in Bellevue have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 90.38%, which ranks in the top 50% nationwide. This equates to an annual average Bellevue house appreciation rate of 6.65%.
Over the last year, Bellevue appreciation rates have trailed the rest of the nation. In the last twelve months, Bellevue's appreciation rate has been 2.64%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bellevue were at 1.93%, which equates to an annual appreciation rate of 7.97%.
Relative to Nebraska, our data show that Bellevue's latest annual appreciation rate is lower than 90% of the other cities and towns in Nebraska.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Bellevue differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Bellevue - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Bellevue real estate investment or home purchase decisions.
$281,744
for Nebraska
for nation
24,442
$1,617 / per month