Bellevue, MI 49021 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Bellevue, MI—49021

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$231,000

0.9% YoY Growth

Household Income

$78,700

47.9% YoY Growth

Days on Market

22.0% Shorter YoY

Home Price Forecast

2.5%

Median Rent

$835

45.3% YoY Growth

1-Bed Rent

$835

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,250

N/A

Home Price Trends — Bellevue, MI

As of Dec '25, the median home price in Bellevue, MI is $231,000, with a year-over-year change of 0.9%. This indicates that home prices in Bellevue, MI are flat. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$231,000	0.9%
Single Family	$232,000	1.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Bellevue, MI

As of July '25, Rentcast reports the average rent in Bellevue, MI is $1,040, with a year-over-year rent change of -45.3%. Per bedroom, the median rent as of July '25 in Bellevue, MI is 1-bedrooms: $835, 3-bedrooms: $1,250. The most common rental property sizes in Bellevue, MI are 3-bedroom and 2-bedroom, accounting for 36.6% and 35.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$835	$1,040
Studio Rent	N/A	N/A
1 Bed Rent	$835	$835
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,250	$1,250
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

5.5%

2 Bedrooms

35.7%

3 Bedrooms

36.6%

4 Bedrooms

9.8%

5+ Bedrooms

12.5%

Property Listings — Bellevue, MI

As of Dec '25, Realtor.com reports that the median days on market for a home in Bellevue, MI is 48. 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$350,000	52.0%
Listing Count	10	2.0%
Listings as % of Homes	1.0%	2.0%
Days on Market	79	-22.0%

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Demographics — Bellevue, MI

As of the latest ACS Survey released in 2023, Bellevue, MI has a population of 6,470, which has increased by 3.2% over the past 5 years. Bellevue, MI is a moderately popular place for families, as children make up 23.5% of the population. The area has a poorly educated workforce, with 15.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	6,470	3.2%
% Under 18	23.5%	4.9%
% Seniors	17.3%	-3.9%
% WFH	8.1%	179.3%
% w/ College Degree	15.0%	10.3%

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As of the latest ACS Survey released in 2023, Bellevue, MI is a predominantly white area, with 91.3% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Bellevue, MI is hispanic, making up 4.4% of the population. Foreign-born residents account for 0.9% of the population in Bellevue, MI, and this percentage has increased by 200.0% 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	91.3%	-2.8%
% Black	2.8%	600.0%
% Hispanic	4.4%	51.7%
% Asian	0.1%	∞%
% Foreign Born	0.9%	200.0%

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Mortgage and Risk — Bellevue, MI

According to HUD data as of 2023, there were 181 mortgage originations in Bellevue, MI, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Bellevue, MI. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	181
% Conventional Loans	80.0%
% Government Loans	20.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Bellevue, MI

Bellevue, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	3
Total Units Section 8	3
% Rentals under Section 8	0.3%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$25	$835	$810
2 Bedroom	N/A	N/A	$1,020
3 Bedroom	$80	$1,250	$1,330
4 Bedroom	N/A	N/A	$1,400

Bellevue, MI—49021

Key Metrics at a Glance

Home Price Trends — Bellevue, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bellevue, MI

% of Rental Stock

Property Listings — Bellevue, MI

Demographics — Bellevue, MI

Race and Ethnicity

Mortgage and Risk — Bellevue, MI

Mortgages

Rentals and Section 8 — Bellevue, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Bellevue, MI

Home Price to Income Ratio

Bellevue, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Nashville, MI

Battle Creek, MI

Battle Creek, MI

Dowling, MI

Olivet, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.6
Median Home Price	$231,000
Median Household Income	$78,700

Bellevue, MI—49021

Key Metrics at a Glance

Home Price Trends — Bellevue, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bellevue, MI

% of Rental Stock

Property Listings — Bellevue, MI

Demographics — Bellevue, MI

Race and Ethnicity

Mortgage and Risk — Bellevue, MI

Mortgages

Rentals and Section 8 — Bellevue, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Bellevue, MI

Home Price to Income Ratio

Bellevue, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Nashville, MI

Battle Creek, MI

Battle Creek, MI

Dowling, MI

Olivet, MI

Frequently Asked Questions

What is the average home price in Bellevue, MI 49021?

How have home prices in Bellevue, MI 49021 changed over the past year?

What is the home price projection for Bellevue, MI 49021?

What are the demographics of Bellevue, MI 49021?

How long does it take homes to sell in Bellevue, MI 49021?

What is the average rent price in Bellevue, MI 49021?