SIALIMStatistical Intelligence for America's Local Investment Markets

98006Bellevue, WA Home Values

Typical home value $1,649,528 as of June 2026 · 5th of 154 in Seattle-Tacoma-Bellevue, WA

Typical value — June 2026
$1,649,528
observed, not a forecast
Past 12 months
-3.9%
trailing year-over-year change
Past 5 years
+29.2%
June 2021 to June 2026
Rank in metro
5th
of 154 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 98006, June 2021 to June 2026. This page shows observed data only; no forecast.

How 98006 compares in the Seattle-Tacoma-Bellevue, WA area

ZIP code 98006 (Bellevue, WA) has a typical home value of $1,649,528 as of June 2026, ranking 5th of 154 ZIP codes tracked in the Seattle-Tacoma-Bellevue, WA area, more expensive than about 97% of ZIP codes in the metro. Prices here have moved -3.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +29.2%, from $1,276,295 in June 2021 to $1,649,528 in June 2026. Against observed rent, the typical home here sells for 38.2× the annual rent ($3,597/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Seattle-Tacoma-Bellevue, WA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Seattle.

Population and demographics

ZIP code 98006 has a population of 40,770, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 43.5% White, 41.5% Asian, 8.6% Hispanic or Latino, 3.6% two or more races, 1.9% Black or African American, 0.8% another race, and 0.1% American Indian or Alaska Native.

Nearby public schools

SchoolAddressDistance
Somerset Elementary School14100 Somerset Boulevard SE, Bellevue, WA0.7 mi
Newport Heights Elementary5225 119th Ave SE, Bellevue, WA1.3 mi
Eastgate Elementary School4255 153rd Avenue SE, Bellevue, WA1.4 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 98006?

$1,649,528 as of June 2026, the latest month Zillow has published observed data for.

Is 98006 an expensive ZIP code in the Seattle-Tacoma-Bellevue, WA area?

98006 ranks 5th of 154 ZIP codes in the Seattle-Tacoma-Bellevue, WA area by typical home value, more expensive than about 97% of ZIP codes in the metro.

How much have home values in 98006 changed over the past year?

-3.9% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 98006?

The typical home price is 38.2× the observed annual rent in this ZIP code ($3,597/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 98006?

40,770, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 98006?

Somerset Elementary School (0.7 mi), Newport Heights Elementary (1.3 mi), Eastgate Elementary School (1.4 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 98006?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Seattle-Tacoma-Bellevue, WA forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.