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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Bellevue, WI Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Bellevue, WI Housing Market Trends

With a population of 16,588, 6,800 total housing units (homes and apartments), and a median house value of $260,409, 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%).

Bellevue Home Appreciation Rates

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 93.31%, which ranks in the top 40% nationwide. This equates to an annual average Bellevue house appreciation rate of 6.81%.

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 10.09%, which is higher than appreciation rates in 95.16% 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 0.67%, which equates to an annual appreciation rate of 2.71%.

Relative to Wisconsin, our data show that Bellevue's latest annual appreciation rate is higher than 80% of the other cities and towns in Wisconsin.

Average Home Values

Median Home Value

$260,409

Bellevue, WI Home Prices
> $1,353,000
$1,015,001 - $1,353,000
$677,001 - $1,015,000
$541,001 - $677,000
$406,001 - $541,000
$271,001 - $406,000
$135,001 - $271,000
$68,001 - $135,000
$0 - $68,000
1.9%
1.9%
1.3%
1.3%
2.1%
2.1%
5.7%
5.7%
14.5%
14.5%
37.7%
37.7%
19.8%
19.8%
0.6%
0.6%
16.6%
16.6%
0% 100.0%
% of Homes
Low

for Wisconsin

Average

for nation

Number of Homes And Apartments:

6,800

Bellevue Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,451 / per month

Homeownership Rate

Owners
Renters
63.9%
63.9%
36.1%
36.1%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
4.8%
4.8%
95.2%
95.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
38.3%
38.3%
57.6%
57.6%
3.4%
3.4%
0.7%
0.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
51.1%
51.1%
7.9%
7.9%
5.7%
5.7%
27.0%
27.0%
8.3%
8.3%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.3%
1.3%
7.4%
7.4%
33.0%
33.0%
45.9%
45.9%
11.6%
11.6%
0.7%
0.7%
0% 100.0%
% of Homes

Popular Neighborhoods in Bellevue

Zip Codes in Bellevue, WI