The story of this market
The typical home in ZIP 98006 sells for about $1,700,000, or $650 per square foot.
Prices are down 9.27% from a year ago, which gives buyers more room to negotiate. Homes take about 5 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,836 a month.
ZIP 98006 — Bellevue
The 98006 housing market is experiencing a correction with median prices down over 9% year-over-year. Despite the price decline, the market remains highly competitive with very low days on market, suggesting that well-priced inventory continues to move quickly.
This area is ideal for affluent family buyers and professionals working in the Eastside tech corridor who prioritize school quality and access to outdoor recreation.
Median prices moved down 9.3% year over year.
Homes spend a median of 5 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 9.3% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 98006, King County WA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by highly-rated public schools within the Bellevue School District, which is consistently recognized for academic excellence.
The area benefits from proximity to major tech hubs in Bellevue and Redmond, driving consistent demand for high-end residential real estate.
Residents have convenient access to major employment centers in Bellevue and Seattle via I-90 and I-405, though peak-hour traffic is significant.
The ZIP features extensive access to outdoor amenities including Cougar Mountain Regional Wildland Park, Lake Sammamish, and various local golf courses.
The rental market remains stable with high demand for premium housing, though inventory levels are relatively tight.
The local economy is anchored by the broader Bellevue and Eastside tech sector, featuring major employers in software, cloud computing, and retail headquarters.
The area is served by major highway corridors including I-90 and I-405, facilitating regional connectivity to Seattle and the greater Eastside.
Development is primarily focused on high-end residential infill and the continued expansion of mixed-use commercial hubs in nearby downtown Bellevue.
Parcels are primarily served by the Bellevue School District and various local utility districts providing water and sewer services.
Data not available in current ACS extracts.
- Remlinger Farms4.311.9 mi
- Sky Zone Trampoline Park4.19.3 mi
- Tukwila Family Fun Center & Bullwinkle's Restaurant4.38.4 mi
- Sky Zone Trampoline Park4.117.7 mi
- Round1 Bowling & Arcade49 mi
- T-Mobile Park4.79.8 mi
- Climate Pledge Arena4.511.4 mi
- Lumen Field4.69.8 mi
- Paramount Theatre4.710.2 mi
- Topgolf Renton4.15.7 mi
- Space Needle4.611.2 mi
- Pike Place Market4.610.6 mi
- Westfield Southcenter4.49.1 mi
- Woodland Park Zoo4.612.9 mi
- Gas Works Park4.711.4 mi
- Pike Place Market4.610.6 mi
- Gas Works Park4.711.4 mi
- The Museum of Flight4.88.3 mi
- Chihuly Garden and Glass4.711.2 mi
- Museum of Pop Culture4.511.2 mi
- Gas Works Park4.711.4 mi
- Kerry Park4.811.9 mi
- Marymoor Park4.77.3 mi
- Seward Park4.86.1 mi
- Warren G. Magnuson Park4.710.3 mi
- Mercer Island Beach Club4.54.9 mi
- Seattle Boat Company - Newport4.83 mi
- Newport Yacht Club4.63.1 mi
- Carillon Point4.87.7 mi
- Lakewood Marina4.46.5 mi
- Topgolf Renton4.15.7 mi
- Willows Run Golf Complex49.2 mi
- Bill Wright Golf Complex At Jefferson Park4.38.4 mi
- The Golf Club at Newcastle4.41.7 mi
- Bellevue Golf Course4.46.9 mi
- Bellevue Square4.55.4 mi
- Pike Place Market4.610.6 mi
- Westfield Southcenter4.49.1 mi
- University Village4.610.7 mi
- Uwajimaya Seattle4.69.7 mi
- Paine Field4.725.2 mi
- Seattle-Tacoma International Airport (SEA) Parking Garage3.411.3 mi
- King County International Airport - Boeing Field4.58.3 mi
- Kenmore Air - Lake Union4.611 mi
- Kenmore Air - Lake Washington4.515 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A massive regional park offering extensive hiking trails and natural scenery.
Provides significant waterfront access for boating, swimming, and recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.