Bellevue, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Bellevue Neighborhoods Since 2000




Bellevue, WI Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Bellevue Housing Market Information

With a population of 15,317, 6,358 total housing units (homes and apartments), and a median house value of $142,944, 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 47.51% of the village's housing units. Other types of housing that are prevalent in Bellevue include large apartment complexes or high rise apartments ( 28.93%), mobile homes or trailers ( 9.68%), and a few row houses and other attached homes ( 8.29%).

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 60.74% owning and 39.26% 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 ( 24.79%). A lesser amount of the housing stock also hails from between 1940-1969 ( 4.97%). There's also some housing in Bellevue built before 1939 ( 1.89%).

Bellevue Home Appreciation Rates

Real estate appreciation rates in Bellevue's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.49% during the period.

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 6.42%, which is higher than appreciation rates in 77.33% 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 2.24%, which equates to an annual appreciation rate of 9.25%.

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 80% of the other cities and towns in Wisconsin.

Average Home Values

 

Median Home Value:
$142,944

Bellevue, WI HOME PRICES

Value Range
> $1,092,000 0.0
$819,001 - $1,092,000 0.0
$546,001 - $819,000 0.0
$437,001 - $546,000 1.1
$328,001 - $437,000 2.2
$219,001 - $328,000 21.3
$109,001 - $219,000 53.5
$55,001 - $109,000 5.2
$0 - $55,000 16.7

Low for WI
Average for Nation

Value Relative to Nation Value Relative to State
53.3458338216337 74.7433264887064

Number Of Homes And Apartments:
6,358

Bellevue Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WI*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
13.34% 0.73% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$904 / per month

Homeownership Rate

Homeownership
Owners 60.74
Renters 39.26
Vacant 4.83

Housing Market Details

 

Age of Homes

AGE OF Bellevue HOMES
2000 or Newer 24.8
1970 - 1999 68.4
1940 - 1969 5.0
1939 or Older 1.9

Types of Homes

TYPE OF Bellevue HOMES
Single-Family 47.5
Townhomes 8.3
Small Apt. Buildings 5.6
Apt. Complexes 28.9
Mobile Homes 9.7
Other 0.0

Home Size

SIZE OF Bellevue HOMES
No Bedroom 1.27
1 Bedroom 9.86
2 Bedrooms 33.96
3 Bedrooms 44.72
4 Bedrooms 8.95
5 or more bedrooms 1.23