Bellevue, KY—41073
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bellevue, KY
As of Oct '25, the median home price in Bellevue, KY is $239,000, with a year-over-year change of 6.9%. This indicates that home prices in Bellevue, KY are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $239,000 | 6.9% |
| Single Family | $238,000 | 8.7% |
| Condos | $313,000 | 1.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $212,000 | 6.5% |
3 Bed | $286,000 | 5.1% |
4 Bed | $326,000 | 6.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bellevue, KY
As of July '25, Rentcast reports the average rent in Bellevue, KY is $1,580, with a year-over-year rent change of -2.5%. Per bedroom, the median rent as of July '25 in Bellevue, KY is studios: $1,550, 1-bedrooms: $1,340, 2-bedrooms: $1,880, 3-bedrooms: $2,480. The most common rental property sizes in Bellevue, KY are 1-bedroom and 2-bedroom, accounting for 40.9% and 27.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,580 |
| Studio Rent | $1,550 | $1,550 |
| 1 Bed Rent | $1,280 | $1,340 |
| 2 Bed Rent | $2,000 | $1,880 |
| 3 Bed Rent | $2,480 | $2,480 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bellevue, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Bellevue, KY is 28. This is a decrease of -17.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 64.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $342,000 | 12.0% |
Listing Count | 28 | -12.0% |
| Listings as % of Homes | 0.4% | -12.0% |
Days on Market | 28 | -17.0% |
Demographics — Bellevue, KY
As of the latest ACS Survey released in 2023, Bellevue, KY has a population of 5,600, which has decreased by -3.3% over the past 5 years. Bellevue, KY is a moderately popular place for families, as children make up 16.5% of the population. The area has a moderately educated workforce, with 43.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,600 | -3.3% |
% Under 18 | 16.5% | -12.7% |
% Seniors | 15.0% | 18.1% |
% WFH | 13.8% | 820.0% |
% w/ College Degree | 43.0% | 12.0% |
As of the latest ACS Survey released in 2023, Bellevue, KY is a predominantly white area, with 90.1% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Bellevue, KY is hispanic, making up 4.5% of the population. Foreign-born residents account for 1.8% of the population in Bellevue, KY, and this percentage has increased by 38.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.1% | -4.8% |
% Black | 1.0% | -60.0% |
% Hispanic | 4.5% | 800.0% |
% Asian | 1.0% | 150.0% |
% Foreign Born | 1.8% | 38.5% |
Mortgage and Risk — Bellevue, KY
According to HUD data as of 2023, there were 144 mortgage originations in Bellevue, KY, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Bellevue, KY. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 144 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Bellevue, KY
Bellevue, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 83 |
Total Units Section 8 | 83 |
% Rentals under Section 8 | 8.4% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$350 | $1,280 | $930 |
| 2 Bedroom | -$800 | $2,000 | $1,200 |
| 3 Bedroom | -$890 | $2,480 | $1,590 |
| 4 Bedroom | N/A | N/A | $1,760 |
Affordability — Bellevue, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $239,000 |
| Median Household Income | $67,100 |