Housing Market in Bellevue
Bellevue's 2026 housing market runs genuinely, substantially more affordable than the national figure -- Zillow's cited average home value ran approximately $302,154 (up ~2.8% YoY) against a cited national median of approximately $408,776, a real, disclosed 22%-29% discount.
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Learn moreA Genuinely, Substantially Affordable Market
Zillow's cited average Bellevue home value ran approximately $302,154 (up ~2.8% YoY, as of July 31, 2026), while Redfin's cited median sale price ran approximately $289,000 over the trailing 3 months ending May 2026 (down ~1.4% YoY, even as price-per-square-foot rose ~11.6% -- a real, disclosed apparent tension likely reflecting a shift in the mix of homes sold). A separate source (Resideline) cited a notably higher ~$316,500 figure, describing Bellevue as 'the affordable outlier' inside the Omaha metro.
A Real, Disclosed Substantial Discount Versus the National Median
Against a cited 2026 national median sale price of approximately $408,776, Bellevue's own figures run roughly 22%-29% below -- a real, genuinely substantial affordability advantage this record discloses as larger than the comparatively modest discounts some other markets in this project's dataset show.
Neighborhood-Level Variance Was Not Researched to Comparable Depth This Pass
This record did not independently research Bellevue neighborhood-level price variance to comparable depth this pass -- see the best-areas topic page for what this record did confirm about specific neighborhood character (Fontenelle Hills, Twin Ridge, Cedar Island), and buyers should confirm current, specific listing and closed-sale data directly for a target neighborhood.
Budget for a Real, Disclosed Cross-Source Property-Tax Spread
As detailed on the property-taxes topic page, Sarpy County's own cited effective property tax rate runs approximately 1.69% (SmartAsset) to 1.95% (Ownwell, Bellevue-specific) -- among Nebraska's higher county rates. Buyers should confirm a specific property's actual current tax bill directly with the Sarpy County Assessor.
Confirm a Target Property's Flood-Zone Status, Particularly Near the Missouri River
As detailed on the flood-hurricane-risk topic page, a real, catastrophic March 2019 Missouri River flood struck specific Bellevue neighborhoods directly (Paradise Lake, Green Acres). This record's own web-search budget was exhausted before First Street Foundation's precise percentage-of-properties-at-risk figure could be confirmed this pass -- confirm a specific target property's current flood-zone status directly via FEMA flood maps or a similar current source.
Key takeaways
- Zillow's, Redfin's, and Resideline's cited Bellevue price figures cluster roughly $289,000-$316,500, 22%-29% below the cited 2026 national median (~$408,776).
- This record discloses Bellevue's affordability advantage as real and SUBSTANTIAL, larger than several other markets' comparatively modest discounts.
- This record did not research Bellevue neighborhood-level price variance in comparable depth this pass -- confirm current, address-specific data directly for a target area.
- Sarpy County's effective property tax rate (~1.69%-1.95%) runs among Nebraska's higher county rates -- confirm a specific property's bill directly.
- Confirm a target property's current flood-zone status directly, particularly near the Missouri River -- this record could not confirm First Street's precise percentage figures this pass.
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