Weekly Market Report
Bellvue
Area Covered
This report covers properties falling within area code 80512. This includes Bellvue, Stove Prairie, Rustic, and both sides of Highway 14 from Highway 287 to North Diamond Peak. See map here.
Market Narrative - Updated 8/15/26
Home sales have been exceeding new inventory for several weeks. However because of excess inventory, prices have not yet stopped falling. Should the sales trend continue, expect prices to level off soon and potentially to resume their climb from there. Despite recently falling prices, the price per square foot has stayed reasonably flat. This implies that there’s a portion of the market being priced at a premium. Median list price this week is $700,000.
Market Action Index

Market Profile

Median List Price

Price Per Square Foot

Inventory

Average Days on Market

Market Segments
| Median Price | Square Feet | Lot Size | Beds | Bath | Age | Days on Market |
|---|---|---|---|---|---|---|
| $1,417,500 | 3,266 | N/A | 4 | 3 | 32 | 73 |
| $833,500 | 2,494 | 5 - 10 acres | 3 | 2.8 | 23 | 101 |
| $605,000 | 1,469 | 5 - 10 acres | 2 | 2 | 36 | 73 |
| $344,500 | 921 | 0.25 - 0.5 acre | 2 | 1.3 | 53 | 129 |
