Is Bellevue, NE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bellevue is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Bellevue has remained a Seller's Market.

Key Takeaway

Bellevue is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bellevue, NE

How much do homes in Bellevue, NE cost?

Median Sold Price

$264,000

$149/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$18,250(-6.5%)

Key Takeaway

Homes in Bellevue have sold for 6.5% less than they did a month ago.

Summary: The median home sold price in Bellevue was $264,000 in November 2024, down 6.5% from last month, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $150K$155K
+3.3%
2 $175K$178K
+1.7%
3 $282.2K$262.5K
-7.0%
4 $362.5K$333.2K
-8.1%
5+ $425K$357.2K
-15.9%

Summary: Bellevue housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 3.3%, 2 bedroom homes increased by 1.7%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes decreased by 15.9%.

Median Sold Price Compared To Nearby Cities

Gilmore I
+12.9%
Highland II
+9.6%
Bellevue
-6.5%
Bellevue Second I
-18.0%

Housing Supply in Bellevue, NE

How many homes are available in Bellevue, NE?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
257225-12.5%

Summary: The Bellevue real estate market had 225 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 2927
-6.9%
3 146119
-18.5%
4 6665
-1.5%
5+ 1413
-7.1%

Summary: The Bellevue housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes decreased by 18.5%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 7.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7564-14.7%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bellevue, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 64 homes were sold or pending in Bellevue in November 2024, down by 14.7% month-over-month. Of the 60 sold homes, 42% were sold under asking, 35% were sold at asking, and 23% were sold over asking.

Days on Market for Bellevue, NE

How long does it take to sell a home in Bellevue, NE?

Average Sale Time

Oct 2024Nov 2024CHANGE
11 Days14 Days+24.3%

Summary: Homes in Bellevue had an average of 14 days on market in Nov 2024, up by 24.3% compared to last month.

Breakdown of Home Sale Times

57 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bellevue are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 64 homes were sold in Bellevue; 89% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

Newest Listings in Bellevue, NE

Nearby Markets to Bellevue, NE

What housing markets are near Bellevue, NE?