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Sarah Mitchell

CNESRESABR

Compass Real Estate · Bellevue, WI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Bellevue, WI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Bellevue, WI Housing Market

Balanced market+3.1% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Bellevue, WI is worth $396,195, rose 3.1% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $407,000, -3.7% year over year (through May 2026). With 3.3 months of supply and homes going under contract in about 57 days, Bellevue is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $396,195 home is about $2,115/mo in principal and interest.

Key numbers for Bellevue, WI

Typical home value

$396,195

+3.1% in 12 months

Zillow, August 2026

Median sale price

$407,000

-3.7% year over year

Redfin, through May 2026

Days on market

57

Average pace

Redfin, through May 2026

Active listings

56

3.3 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$80,750

Home costs 4.9x income

U.S. Census ACS, 2023

Sale-to-list ratio

101.8%

Selling above asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Bellevue a buyer's or seller's market?

Balanced market3.3 months of supply57 days on market101.8% of asking

Bellevue, WI is a balanced market, based on 3.3 months of supply and homes selling in about 57 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Bellevue housing market data show?

Every row below is Redfin's final published month for Bellevue, WI. Redfin, through May 2026

Housing market statistics for Bellevue, WI, Redfin through May 2026
MetricValue
Median sale price$407,000
Median list price$459,900
Year-over-year price change-3.7%
Median price per sq ft$234/sq ft
Median days on market57 days
Active inventory56 listings
Months of supply3.3 months
Sale-to-list price ratio101.8%
Homes sold (that month)17
New listings (that month)26
Listings with a price cut16.1%
Market conditionBalanced market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Bellevue is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Bellevue is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Bellevue home prices moved?

Over the last three years the median sale price in Bellevue, WI rose 11.5%, from $365,000 to $407,000. The live Zillow value series has rose 3.1% in the last 12 months, which is the more current read now that Redfin's series has stopped. 16.1% of Bellevue listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 3.3 months while the sale-to-list ratio slips below its current 101.8%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Bellevue?

Priced off the typical home value of $396,195 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Bellevue, WI
Down paymentCash at closeLoan amountMonthly P&I
20%$79,239$316,956$2,115/mo
5%$19,810$376,385$2,512/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,115, that implies roughly $90,647 a year before you add taxes and insurance. The median household in Bellevue earns $80,750, about $9,897 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 4.9x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Bellevue in the next 12 months?

Tell us your timeline. We send the Bellevue market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Bellevue?

Zillow does not publish a rent index (ZORI) for Bellevue, WI, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Bellevue?

Active listings in Bellevue, WI went from 39 in May 2025 to 56 in May 2026, a +43.6% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.

Active listings by month in Bellevue, WI
MonthActive listingsNew listings
June 20254519
July 20254819
August 20254417
September 20254614
October 20254114
November 2025378
December 2025272
January 2026259
February 20263717
March 20264015
April 20264821
May 20265626

Redfin, through May 2026

How does Bellevue compare to Wisconsin and the U.S.?

Bellevue homes sell for $407,000 — 13% above the Wisconsin median of $361,600. Against the national median of $410,700, Bellevue runs 1% lower. Year-over-year, Bellevue moved -3.7% against Wisconsin's +6.5% — a smaller swing than the state as a whole.

Bellevue, WI compared with Wisconsin and the United States
MarketMedian sale priceYoYDays on market
Bellevue, WI$407,000-3.7%57 days
Wisconsin statewide$361,600+6.5%44 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Bellevue

What buyers should watch

  • Months of supply, currently 3.3. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 16.1%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $397 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $396,195 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Bellevue listing goes under contract in 57 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 101.8% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Bellevue added 26 new listings against 17 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved +3.1% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Bellevue varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Bellevue

There are currently 56 homes listed for sale in Bellevue, Wisconsin. The median listing price is $460K. Featured listings range from $152,900 to $799,000.

land for sale at 3207 Eclipse Dr Unit 96 Bellevue - $152,900
$152,900

3207 Eclipse Dr Unit 96

Bellevue, WI

Land20,909 sqft lot
View photos & details
2 bedroom house for sale at 2462 Bluestone Pl Bellevue - $299,500
$299,500

2462 Bluestone Pl

Bellevue, WI

2 bd2 ba1,120 sqft$267/ft²
House23,087 sqft lot
View photos & details
3 bedroom house for sale at 1793 Mac Ln Bellevue - $349,900
$349,900

1793 Mac Ln

Bellevue, WI

3 bd3 ba2,010 sqft$174/ft²
House13,068 sqft lot
View photos & details
3 bedroom house for sale at 2715 Altair St Bellevue - $379,900
$379,900

2715 Altair St

Bellevue, WI

3 bd3 ba1,940 sqft$196/ft²
House15,246 sqft lot
View photos & details
3 bedroom house for sale at 3169 Emory St Bellevue - $399,900
$399,900

3169 Emory St

Bellevue, WI

3 bd4 ba2,005 sqft$199/ft²
House12,632 sqft lot
View photos & details
3 bedroom house for sale at 1543 Rustic Ridge Ct Bellevue - $399,900
$399,900

1543 Rustic Ridge Ct

Bellevue, WI

3 bd2 ba3,050 sqft$131/ft²
House26,572 sqft lot
View photos & details
3 bedroom house for sale at 2806 Stelor Dr Bellevue - $464,900
$464,900

2806 Stelor Dr

Bellevue, WI

3 bd2 ba1,740 sqft$267/ft²
House10,890 sqft lot
View photos & details
3 bedroom house for sale at 1642 Diamond Dr Bellevue - $499,900
$499,900

1642 Diamond Dr

Bellevue, WI

3 bd3 ba2,835 sqft$176/ft²
House21,780 sqft lot
View photos & details
2 bedroom condo for sale at 1617 Twin Lakes Cir Bellevue - $499,900
$499,900

1617 Twin Lakes Cir

Bellevue, WI

2 bd2 ba1,883 sqft$265/ft²
Condo
View photos & details
multi-family for sale at 1528 Van Rd Bellevue - $499,900
$499,900

1528 Van Rd

Bellevue, WI

2,598 sqft$192/ft²
Multi-family17,860 sqft lot
View photos & details
3 bedroom house for sale at 2998 Creekwood Dr Bellevue - $529,900
$529,900

2998 Creekwood Dr

Bellevue, WI

3 bd2 ba1,713 sqft$309/ft²
House12,632 sqft lot
View photos & details
4 bedroom house for sale at 2516 Van Rite Ct Bellevue - $799,000
$799,000

2516 Van Rite Ct

Bellevue, WI

4 bd4 ba5,220 sqft$153/ft²
House20,473 sqft lot
View photos & details

Looking to buy in Bellevue?

Get connected with a local real estate expert — free, no obligation.

Active listings

56

Homes on market

Median list price

$460K

Avg. days on market

57

Days until sale

New this week

26

Newly listed

Price drops:16.1%of listings
Sale-to-list:101.8%

How much do homes cost in Bellevue by property type?

How the Bellevue, WI market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Bellevue, WI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$407,000$234/sq ft1757 days
Condo / co-op$499,900$265/sq ft128 days
Townhouse$244,900$189/sq ft175 days

Who lives in Bellevue?

American Community Survey estimates for Bellevue. U.S. Census ACS, 2023

Population

16,255

Households

6,902

Median income

$80,750/yr

Median age

40.9 years

Owner-occupied

63.7%

Median home value

$267,700

Median gross rent

$1,083/mo

Mean commute

17.6 min

63.7% of occupied homes in Bellevue are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $267,700 against Zillow's $396,195 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.

Which cities are near Bellevue, WI?

Ordered by distance from Bellevue, not by size. Compare Bellevue side by side with any of them.

Bellevue housing market FAQ

Is Bellevue a buyer's or seller's market?

Bellevue, WI is currently a balanced market. That read comes from 3.3 months of supply, homes going under contract in about 57 days, and sellers getting 101.8% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Bellevue?

The typical home in Bellevue, WI is worth $396,195 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $407,000, about $234 per square foot.

Is Bellevue cheaper than the rest of Wisconsin?

Bellevue's median sale price of $407,000 is 13% higher than the Wisconsin statewide median of $361,600, and 1% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Bellevue?

Homes in Bellevue, WI spent a median of 57 days on market before going under contract, versus 44 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Bellevue?

At the current 30-year fixed rate of 7.03%, 20% down on a $396,195 home is about $2,115 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $90,647 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $80,750.

Are home prices rising in Bellevue?

The typical home value in Bellevue, WI rose 3.1% over the last 12 months, from $384,410 to $396,195 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Bellevue?

Bellevue ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Bellevue?

That depends on your timeline, not on a headline. What the data says today: Bellevue, WI is a balanced market with 3.3 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.