Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 16,588 people, 6,800 houses or apartments, and a median cost of homes of $274,937, Bellevue real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Bellevue, accounting for 51.09% of the village's housing units. Other types of housing that are prevalent in Bellevue include large apartment complexes or high rise apartments ( 27.02%), mobile homes or trailers ( 8.34%), and a few row houses and other attached homes ( 7.87%).
The most prevalent building size and type in Bellevue are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 63.91% owning and 36.09% renting.
There is a lot of housing in Bellevue built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Bellevue built between 2000 and later ( 38.27%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.40%).
Appreciation rates for homes in Bellevue have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 103.49%, which ranks in the top 40% nationwide. This equates to an annual average Bellevue house appreciation rate of 7.36%.
Appreciation rates are so strong in Bellevue that despite a nationwide downturn in the housing market, Bellevue real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Bellevue appreciation rates continue to be some of the highest in America, at 9.77%, which is higher than appreciation rates in 86.14% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Bellevue. Bellevue appreciation rates in the latest quarter were at 4.52%, which equates to an annual appreciation rate of 19.36%.
Importantly, this makes Bellevue one of the highest appreciating communities in the nation for the latest quarter, and may signal the village's near-future real estate investment strength.
Relative to Wisconsin, our data show that Bellevue's latest annual appreciation rate is higher than 70% of the other cities and towns in Wisconsin.
$274,937
for Wisconsin
for nation
6,800
$1,517 / per month