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Bellevue, Washington Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
14
Sold (12M)
13
Median Price
$1.4M
Market Condition
Strong Buyer's Market

Bellevue, Washington Market Meter

Buyer'sSeller's
Strong Buyer's Market

14.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$1.4M
Avg Price/Acre
$1.8M
Avg Days on Market
124
Months of Supply
14.0
YoY Price Change
+45.4%
New Listings (3M)
4

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres1358
1-2 acres--11
2-5 acres---1
5-10 acres---1
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL13611
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres8 sold / 5 listed
1-2 acres1 sold / 3 listed
2-5 acres1 sold / 2 listed
5-10 acres1 sold / 2 listed
10-20 acres0 sold / 1 listed

Median Price by Acreage

$0$2.5M$5.0M
0- 1
1- 2
2- 5
5- 10

Acreage buckets

Key Market Indicators

Total Sales Volume
$20.4M
Last 12 months
Active Listings
14
Current inventory
Avg Days on Market
124
Time to sell
Price Trend (YoY)
+45.4%
Year over year

Bellevue, Washington Land Market Analysis

How much is land worth in Bellevue, Washington?

The median price for land in Bellevue, Washington is currently $1.8M per acre. For a typical parcel, the median sale price is $1.4M. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $127K while premium lots reached $2.9M.

Is now a good time to buy land in Bellevue, Washington?

Bellevue, Washington is currently a strong buyer's market with 14.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 45.4% year-over-year.

What is the months of supply for land in Bellevue, Washington?

Bellevue, Washington currently has 14.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

What is the median land price in Bellevue, Washington?

The median land price in Bellevue, Washington stands at $1.4M. This translates to roughly $1.8M per acre for the typical parcel size. The average price is $1.6M, indicating some higher-priced properties pulling up the average.

How long does it take to sell land in Bellevue, Washington?

Land in Bellevue, Washington typically sells within 124 days of listing. The median time on market is 94 days. Properties are moving slowly in the current strong buyer's market.

What is the average price per acre in Bellevue, Washington?

Land in Bellevue, Washington averages $3.2M per acre. The median price per acre is $1.8M, which may be more representative of typical transactions. Most parcels sold are around 35,096 sq ft.

Is now a good time to invest in land in Bellevue, Washington?

The current absorption rate in Bellevue, Washington is 7.1% (3-month basis), indicating slow demand. With appreciating values (+45.4% YoY), the market shows growth potential.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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