Is Bellevue, IA 52031 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Bellevue is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market
Sold above original list37.5%Share of sales, last 3 months
Median sale-to-list100.3%Sold price ÷ list price
Median days on market21Listing to accepted offer
Median price per sq ft$152▲ +54.7% vs. last year

The Bellevue housing market right now

In the three months ending August 31, 2026, 38% of homes in Bellevue, IA 52031 sold above their list price, the typical home went under contract in 21 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (16 days then) and the median sale price rose 56% to $316,863. Overall, Bellevue is more competitive than a year ago, so tougher for buyers.

Within Jackson County, homes here sell faster than in 86% of the county’s ZIP codes, and sell more often over asking than in 86%.

Nearby, buyers who want less competition could look at Spragueville 52074 (0% sold over asking) or Sabula 52070 (0% sold over asking), while Andrew 52030 (100% sold over asking) is even more competitive.

Nearby markets

Andrew 52030 $153 /sq ftLa Motte 52054 $55 /sq ftMaquoketa 52060Seller’s market $110 /sq ftMiles 52064Seller’s market $84 /sq ft Browse all markets →

Where Bellevue is

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Questions about Bellevue real estate

Is Bellevue a buyer’s or seller’s market?

A balanced market: there were 4.8 months of supply in Bellevue, IA 52031 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 21 days in the latest three months.

Do homes in Bellevue sell over asking?

38% of homes sold above their original list price, and the typical sale closed at 100.3% of the list price.

What are property taxes in Bellevue?

About 1.23% of a home’s value a year in Jackson County, or roughly $4,920 on a $400,000 home.

What is the median home price in Bellevue?

The median sale price was $316,863 in the three months ending August 31, 2026, about $152 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