Is Bellevue, MI 49021 a buyer’s or seller’s market?
Bellevue is a seller’s market. With about 2.6 months of supply and 30% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 68% of U.S. ZIP codes, and #257 of 510 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Bellevue housing market right now
In the three months ending August 31, 2026, 30% of homes in Bellevue, MI 49021 sold above their list price, the typical home went under contract in 35 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 21 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 37%, homes sold more slowly (14 days then) and the median sale price rose 32% to $266,885. Overall, Bellevue is less competitive than a year ago, which gives buyers more room.
Within Eaton County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in 90%. On our competition score, Bellevue ranks #257 of 510 MI ZIP codes with enough sales (score 65 out of 100).
Nearby, buyers who want less competition could look at Mulliken 48861 (0% sold over asking), while Dimondale 48821 (60% sold over asking) and Sunfield 48890 (50% sold over asking) are even more competitive.
Run the numbers for 49021
Nearby markets
Charlotte 48813Seller’s market $153 /sq ftDimondale 48821Seller’s market $172 /sq ftEaton Rapids 48827Seller’s market $150 /sq ftGrand Ledge 48837Seller’s market $174 /sq ft Browse all markets →Towns like Bellevue nearby
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Questions about Bellevue real estate
Is Bellevue a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Bellevue, MI 49021 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Bellevue?
The typical home went under contract in 35 days in the latest three months.
Do homes in Bellevue sell over asking?
30% of homes sold above their original list price, and the typical sale closed at 99.8% of the list price.
What are property taxes in Bellevue?
About 1.41% of a home’s value a year in Eaton County, or roughly $5,640 on a $400,000 home.
What is the median home price in Bellevue?
The median sale price was $266,885 in the three months ending August 31, 2026, about $141 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology