Bellevue 98007

King County, WA · 3,664 properties · updated 7/26/2026

Should you buy here?buyer-timing lens

20affordability /100

Buyer leverage is seller slight; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
49.9%
severe
Days on market
20
daily
Price cuts
22.4%
of active
Valuation
+172.5%
vs assessor
Look up an address
13
/100
Distressed
cooling · seller slight · prices easing year-over-year.
Price trend
10
Affordability
10
Valuation
20
Economic health
20

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

64/ 100SellerBalancedBuyer
Negotiate Hard
Needs 39.9% correction for affordability
DOM: 31d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)100
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)100
Cancellation Rate (10%)0
Days on Market (5%)40

Moderate buyer leverage in 98007. Room to negotiate 5-10% below list. Payment burden: 48.4% of median income. A 28% price correction needed to reach 30% affordability threshold. Median days on market: 31. Renting is approximately 191% cheaper than buying (price-to-rent ratio: 34.9).

What to Offer

Offer 5-10% below list. You have room to negotiate.

Conditions resemble 2019 pre-pandemic levels — moderate overvaluation with slowing demand. Negotiation room exists.
COOLINGSELLER SLIGHT

Market is cooling with expanding inventory. Sellers hold a slight edge. Prices down 4.0% YoY.

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Market snapshoteach number, once

Median price
$1,020,072
▾ 4.0% YoY
Days on market
20
daily · zip_data
Median rent
$2,408
ZORI
Investor score
21/100
cash-flow lens
Active listings
74
90-day

Valuation3 lenses, different anchors

vs assessor
+172.5%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$2,780,100
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+67.6%
County-wide market — the widest, slowest signal.
King+67.6%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft
Price-to-income8.0×

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How 98007 ranks in WA
percentile vs all Washington ZIPs · n=581
Market velocity61%
Supply tightness63%
Affordability15%
Investment yield26%
Appreciation4%

Affordability, supply & momentum

27SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply15.3 mo
Days on Market20d
Inv vs History+61.1%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$5,271
Payment burden49.9%
Median income · ZIP$126,814
Mortgage rate6.71% · 30yr
Total monthly own$6,291
Monthly rent$2,408
Market dynamics
Price cut %22.4%
Momentumcooling
LeverageSELLER SLIGHT
Months of supply15.3
Sales (90d)0
Investment analysis
Median rent$2,408
Price-to-rent34.9
Est. cap rate1.9%
Buy vs rentfavors renting

Livability

Walk score14
Transit score24
Bike score

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Price bandsmix-shift

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King County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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