Bellevue, WA Real Estate & Homes for Sale | realtor.com® (2024)

FAQs

Why is Bellevue so expensive? ›

Global companies like Microsoft, Amazon, T-Mobile US, PACCAR, Meta, Salesforce, and many others maintain headquarters or major offices in and around the city. This concentration of tech employment has contributed to Bellevue's high median income levels and its correspondingly high cost of living.

Chicago Real Estate Market at a Glance

Median Home Price: According to projections for December 2024, the median home price in the Chicago Primary Metropolitan Statistical Area (PMSA) is expected to hit $324,200, marking a substantial 12% increase from the previous year.

The cost of living in Bellevue, WA is about the same as in Seattle, WA. You would have to earn a salary of $60,000 to maintain your current standard of living. Employers in Bellevue, WA typically pay about the same as employers in Seattle, WA.

Northwest Bellevue

With a median home price of $3,696,898 and a median rent of $2,382, Northwest Bellevue is the most expensive neighborhood on our list. Based on the growth in home prices in Northwest Bellevue over the last 3 years, it ranks No. 1 among all the neighborhoods in Bellevue.

According to the study, a Chicago-area resident without children would need to make $65,500 after taxes to live comfortably. The study is based on the MIT Living Wage Calculator, which uses the cost of housing, food, transportation, medical care and more.

Chicago Housing Market Trends

In July 2024, Chicago home prices were up 5.1% compared to last year, selling for a median price of $368K. On average, homes in Chicago sell after 55 days on the market compared to 55 days last year. There were 2,464 homes sold in July this year, up from 2,351 last year.

On the eastern shores of Lake Washington, Bellevue, Washington, stands as a thriving urban oasis known for its cosmopolitan charm and technological innovation. Boasting a skyline adorned with modern architecture, the city offers a dynamic blend of upscale shopping, diverse dining, and cultural attractions.

A: That depends on your personal preferences, of course. However, Bellevue is known for its upscale atmosphere, while many of Seattle's neighborhoods are known to be more run down. Even though it's more expensive, Bellevue may be a better place to live because of its better living options.

Is Bellevue more expensive than San Francisco? ›

You would need around 8,165.3$ in Bellevue, WA to maintain the same standard of life that you can have with 9,800.0$ in San Francisco, CA (assuming you rent in both cities). This calculation uses our Cost of Living Plus Rent Index to compare the cost of living and assume net earnings (after income tax).