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The state of Washington offers plenty of amazing places to live, and Bellevue is one of them. With a population of over 144,000, the growth of Bellevue has been rapid over the years, and for good reason: the city boasts lovely landscapes, fabulous people, and a healthy economy. It’s simply a great place to live, work, and play.
But Bellevue can be even further broken down into its own neighborhoods. So, what are the best neighborhoods in Bellevue to buy a home?
The following are the top 5 neighborhoods in Bellevue that homebuyers may want to take a closer look at before getting into the real estate market.
Located in King County, Somerset is a neighborhood in Bellevue that has a population of about 37,000. There are plenty of great schools in the community, as well as lots of greenspace and fabulous views of Lake Washington and the Olympic mountains.
As of January 2024, the average price for a home in Somerset is $1,725,332. That marks a 2.9% decrease from the same time last year.
While Lakemont lies predominantly within the city limits of Bellevue, a small part of it is also within the city of Issaquah, WA. For this reason, residents of Lakemont have the option to send their kids to school in both school districts.
Lakemont’s current population is just over 5,600. There are plenty of local parks in the neighborhood as well, including Cougar Mountain Regional Wildland Park, which is very popular among residents.
Right now, the average home price in Lakemont is $2,000,000 which is down by 22.2% than the same time last year.
Woodbridge is a quaint neighborhood in Bellevue, WA, that offers locals a number of fantastic parks within the confines of the community, including Woodridge Water Tower Park, Norwood Village Park, and Bannerwood Ballfield Park.
And it’s not just area residents who enjoy these parks; many visitors come from out of town to enjoy such lush greenspace. They’re particularly attractive to hikers and bird watchers.
The average home price in Woodbridge is currently $1,141,981, which decreased by 0.5% than where prices were last year.
Located between Downtown Park and Meydenbauer Bay, Meydenbauer is the perfect spot for the outdoorsy type thanks to the area’s plethora of outdoor recreation activities and opportunities. Locals can also hop on a ferry to the city of Seattle.
The neighborhood has a great walkability score, with amenities often within walking distance from residential properties. As such, the area attracts many older folks, with the average age of Meydenbauer residents sitting at 50 years.
The average home price in Meydenbauer is $1,972,558. That’s a year-over-year decrease of 5.4%.
With a population of just over 2,600, Newport Hills is a rather small section of Bellevue, but boasts a lot of character and charm. This sophisticated and friendly community is a great place to live and is within close proximity to Coal Creek Parkway, which is characterized by waterfalls, historical artifacts, and awesome walking and hiking trails that are great for avid hikers or simple family walks.
The neighborhood also has a great walkability score. Plus, the neighborhood is considered very pet-friendly among locals, making this a great spot to call home for those with furry friends.
Homes for sale in Newport Hills have a median listing price of $1,172,211, according to Realtor.com.
Do you have questions about home loans? Are you ready to apply for a mortgage to buy a home? If so, Sammamish Mortgage can help. We are a local mortgage company from Bellevue, Washington, serving the entire state, as well as Oregon, Idaho, and Colorado. We offer many mortgage programs to buyers all over the Pacific Northwest and have been doing so since 1992. Contact us today with any questions you have about mortgages.
Whether you’re buying a home or ready to refinance, our professionals can help.
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No Obligation and transparency 24/7. Instantly compare live rates and costs from our network of lenders across the country. Real-time accurate rates and closing costs for a variety of loan programs custom to your specific situation.