Home Values

Bellevue Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$101,400

  • 9.7% 1-year change
  • 3.0% 1-year forecast

The median home value in Bellevue is $101,400. Bellevue home values have gone up 9.7% over the past year and Zillow predicts they will rise 3.0% within the next year. The median list price per square foot in Bellevue is $81, which is lower than the Cincinnati Metro average of $92. The median price of homes currently listed in Bellevue is $112,000 while the median price of homes that sold is $67,000. The median rent price in Bellevue is $750, which is lower than the Cincinnati Metro median of $900.

Foreclosures will be a factor impacting home values in the next several years. In Bellevue 2.4 homes are foreclosed (per 10,000). This is lower than the Cincinnati Metro value of 5.3 and also lower than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Bellevue is 3.1%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Bellevue homeowners underwater on their mortgage is 17.0%, which is lower than Cincinnati Metro at 18.7%.

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Relative ZHVI
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Bellevue Market Overview

Data through Dec 31, 2014
  • $101,400 ZHVI
  • 3.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Dec 31, 2015)
  • $112,000 Median listing price
  • No recent data Median sale price
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Bellevue Market Health

Data through Dec 31, 2014
  • 6.7/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 17.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 3.1% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

2.4 homes(Sep 30, 2014) Bellevue
5.3 homes Cincinnati Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Fort Thomas $178,800
Park Hills $164,900
Wilder $114,400
Name Median ZHVI
Norwood $107,800
Southgate $103,200
Cincinnati $97,100
Name Median ZHVI
Ludlow $89,600
Newport $83,400
Dayton $72,200

Listings & Sales

Data through Dec 31, 2014
  • $81 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 20.3% Listings with price cut
44.2%
Sold below listing
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Bellevue Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $966 Bellevue
    $1,201 Cincinnati Metro
    $1,345 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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