68147, Bellevue, NE

Bellevue, Nebraska is located in the eastern part of the state and has a population of over 100,000 people. The 68147 zip code covers a total area of just over 4 square miles and has a median home value of $269,000. Bellevue is known for its affluent residents and high home prices.

There are currently around 1,500 homes for sale in the 68147 zip code. The average list price for these homes is $289,900 which is significantly higher than the median home value of $269,000. This indicates that there is an abundance of available housing stock in Bellevue but also that home prices are quite high. In fact, according to Zillow’s recent report on Nebraska real estate market conditions, Bellevue ranks as one of the top ten most expensive markets in the state.

The reason for this high demand and corresponding high prices can be attributed to a number of factors including: strong job growth in Bellevue; low interest rates; low inventory levels; and limited availability within walking distance to major amenities such as shopping and restaurants. However, despite these factors, there have been reports indicating that demand may be starting to cool off slightly due to increasing concerns about global economic conditions. If this trend continues then it would likely lead to lower home values in the near future.