98006 — Bellevue, WA Home Values
Typical home value $1,571,544 as of August 2026 · 5th of 154 in Seattle-Tacoma-Bellevue, WA
Blue: typical home value (Zillow ZHVI) in ZIP code 98006, August 2021 to August 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 $1,571,544 as of August 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 +23.4%, from $1,273,999 in August 2021 to $1,571,544 in August 2026. Against observed rent, the typical home here sells for 35.4× the annual rent ($3,701/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
| School | Address | Distance |
|---|---|---|
| Somerset Elementary School | 14100 Somerset Boulevard SE, Bellevue, WA | 0.7 mi |
| Newport Heights Elementary | 5225 119th Ave SE, Bellevue, WA | 1.3 mi |
| Eastgate Elementary School | 4255 153rd Avenue SE, Bellevue, WA | 1.4 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?
$1,571,544 as of August 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 35.4× the observed annual rent in this ZIP code ($3,701/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 August 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.