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Is Bellevue, TX 76228 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Bellevue is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply12.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market28Listing to accepted offer
Median price per sq ft$176▼ −34.9% vs. last year

The Bellevue housing market right now

In the three months ending August 31, 2026, 0% of homes in Bellevue, TX 76228 sold above their list price, the typical home went under contract in 28 days and there were 12.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (270 days then) and the median sale price fell 78% to $179,922. Overall, Bellevue is more competitive than a year ago, so tougher for buyers.

Nearby, Henrietta 76365 (6% sold over asking) is even more competitive.

Run the numbers for 76228

Prefilled for 76228Can I win this house?Multiple-offer likelihood for a listing Prefilled for 76228Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Henrietta 76365Balanced $115 /sq ftPetrolia 76377 — /sq ftWichita Falls 76305Seller’s market $162 /sq ft Browse all markets →

Towns like Bellevue nearby

Find towns like Bellevue in other states →
Forestburg, TX76239 · 33 miles away84% similarpricier homes ($57K more) · newer homes Saint Jo, TX76265 · 36 miles away76% similarpricier homes ($45K more) · 12 min shorter commute Holliday, TX76366 · 35 miles away71% similarlarger · 13 min shorter commute Bowie, TX76230 · 19 miles away69% similarpricier homes ($49K more) · larger

Where Bellevue is

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Questions about Bellevue real estate

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

A buyer’s market: there were 12.8 months of supply in Bellevue, TX 76228 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 28 days in the latest three months.

Do homes in Bellevue sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Bellevue?

About 1.27% of a home’s value a year in Clay County, or roughly $5,080 on a $400,000 home.

What is the median home price in Bellevue?

The median sale price was $179,922 in the three months ending August 31, 2026, about $176 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