Is Factoria or Downtown Bellevue a Better Place to Buy If I Work at T-Mobile? (2026)

Short answer: If you already work at T-Mobile’s Bellevue campus, Factoria / SE Bellevue usually wins when your badge building sits near the company’s published principal executive offices at 12920 SE 38th Street, Bellevue, WA 98006-1350 and you want a shorter last mile. Downtown Bellevue usually wins when you want Bellevue Downtown Station on Sound Transit’s 2 Line and denser condo / mid-rise product. Redfin does not publish separate Factoria vs downtown medians. Citywide, Bellevue’s all-types median was $1,499,286 (down 1.4% YoY) over the three months ending September 2026; October figures were not on Redfin yet as of November 6, 2026. Pin the building, then price sold comps in that walkshed.

Factoria vs Downtown Bellevue for a T-Mobile badge

Bellevue area (descriptive)T-Mobile / employment contextRail / transit contextWhat to verify before you writeFactoria / SE Bellevue near 12920 SE 38th StreetT-Mobile US, Inc.’s Form 8-A (investor site) lists principal executive offices at 12920 SE 38th Street, Bellevue, Washington 98006-1350. Buyers usually mean this SE Bellevue / Factoria employment cluster when they say “Factoria.”No Link station inside Factoria. You usually drive, or combine a drive/bus with Bellevue Downtown or South Bellevue on the 2 Line.Exact badge building, parking rules, and sold comps inside the same SE Bellevue walkshed. Citywide Redfin medians are not Factoria-only.Downtown Bellevue / Bellevue Downtown Station areaFarther on the map from 12920 SE 38th Street than most Factoria addresses—still time your own office-day trip. Useful when a partner works elsewhere on the 2 Line or you want denser condo / mid-rise product.Sound Transit’s Bellevue Downtown Station page covers the downtown stop. The 2 Line schedule is titled Lynnwood – Downtown Redmond and includes Bellevue Downtown and South Bellevue.HOA reserves, rental caps, parking, and condo vs townhome vs house comps separately. Downtown is not a free pass on the citywide median.

Source: T-Mobile US, Inc. Form 8-A (investor.t-mobile.com static file) for principal executive offices address; Sound Transit Bellevue Downtown Station page and 2 Line schedule (Lynnwood – Downtown Redmond). “Factoria” here is descriptive SE Bellevue geography around the published HQ address—not an NWMLS marketing boundary.

Related reading: Lynnwood vs Edmonds vs Bothell for a T-Mobile Factoria commute, Bellevue vs Kirkland for Meta / Amazon.

What Redfin shows for Bellevue overall

Redfin, Bellevue citywide (not split by Factoria vs downtown)FigureNotesMedian sale price (All Home Types)$1,499,286 (down 1.4% YoY)Three months ending September 2026. Redfin had not published an October citywide roll when we checked on November 6, 2026.Homes sold391Citywide across houses, townhomes and condos.Median days on market24All home types blended.Single-family median$1,841,766 (up 2.3% YoY)Better baseline if you want a yard away from downtown density.Townhouse / condo medians$862,510 / $549,943Condo median sat far below SFH in the same window—product mix, not a downtown discount promise.Sale-to-list / above list / price drops97.2% / 10.7% sold above list / 32.8% had a price dropSeptember 2026 demand metrics. Use sold comps near the building or station you care about.

Source: Redfin Bellevue housing market page (region 1387) and stingray home_prices / demand extracts, figures for the three months ending September 2026 and September 2026 demand metrics, fetched November 6, 2026. Redfin’s page title may say “as of October,” but the latest monthly datapoints were still September 2026 when we pulled them.

Because Redfin’s city page is not split by Factoria vs downtown, use sold comps inside the walkshed—not the blended $1,499,286 headline alone—when you set an offer price.

How T-Mobile buyers usually decide

1. Confirm the badge building. Start from the published 12920 SE 38th Street address, then match your actual entrance and parking rules.
2. Decide whether Link adjacency matters more than last-mile length. Downtown Bellevue has a 2 Line station; Factoria does not.
3. Separate condo, townhome and house comps. In the September 2026 window, Bellevue condos ($549,943) and single-family homes ($1,841,766) were different markets.
4. If a partner works in Kirkland or Redmond, map both pins. See Kirkland vs Bellevue for Google / Microsoft and Bellevue vs Kirkland for Meta / Amazon.

For the closing checklist: closing process.

FAQ

Is Factoria or Downtown Bellevue a better place to buy if I work at T-Mobile?

Factoria / SE Bellevue usually wins when your badge building is near T-Mobile’s published principal executive offices at 12920 SE 38th Street, Bellevue, WA 98006-1350 and you want a shorter last mile. Downtown Bellevue usually wins when you want Bellevue Downtown Station on the 2 Line and denser product. Bellevue’s citywide median was $1,499,286 over the three months ending September 2026 (Redfin)—not a Factoria-only or downtown-only figure.

Where is T-Mobile headquartered?

T-Mobile US, Inc.’s Form 8-A filing hosted on the investor site lists the address of principal executive offices as 12920 SE 38th Street, Bellevue, Washington 98006-1350.

Does Factoria have a Link light rail station?

No. Sound Transit lists Bellevue Downtown (and South Bellevue) on the Eastside 2 Line segment. Factoria / SE Bellevue near 12920 SE 38th Street is usually a drive or a bus/rail combination—time the real trip.

Is Downtown Bellevue always more expensive than Factoria?

Redfin does not publish separate Factoria vs downtown medians. Citywide, Bellevue condos ($549,943) sat well below single-family homes ($1,841,766) in the September 2026 window. Compare the same home type inside the walkshed you want.

Can I commute from Lynnwood or Bothell to the Factoria campus instead?

Yes—many T-Mobile households do. See our Lynnwood vs Edmonds vs Bothell guide for the Snohomish-side trade. This article stays inside Bellevue geography.

Talk it through with a local agent

Peter Kim and Odigo Real Estate Club help T-Mobile buyers map Bellevue walksheds and price the right home type, with 25+ years combined experience, 593+ closings, and 122 five-star Zillow reviews. See our home buying services. Related reading: Lynnwood vs Edmonds vs Bothell for a T-Mobile Factoria commute, Bellevue vs Kirkland for Meta / Amazon, Kirkland vs Bellevue for Google / Microsoft.

Odigo Real Estate Club · REAL Brokerage, WA #112064 · 16108 Ash Way, Suite 201, Lynnwood, WA 98087 · (425) 409-3823 · Mon–Sat 9 AM–6 PM, closed Sunday

Sources

• T-Mobile US, Inc., Form 8-A (investor site static file) (address of principal executive offices: 12920 SE 38th Street, Bellevue, Washington 98006-1350), https://investor.t-mobile.com/static-files/1f09c54b-9600-49fe-8568-ddfd95bc6bf9 , accessed Nov 6, 2026.
• Sound Transit, Bellevue Downtown Station (station page for downtown Bellevue Link stop), https://www.soundtransit.org/ride-with-us/stops-stations/bellevue-downtown-station , accessed Nov 6, 2026.
• Sound Transit, 2 Line schedule (page title lists Lynnwood – Downtown Redmond; schedule UI includes Bellevue Downtown and South Bellevue), https://www.soundtransit.org/ride-with-us/routes-schedules/2-line , accessed Nov 6, 2026.
• Sound Transit, Stations index (system station directory), https://www.soundtransit.org/ride-with-us/stations , accessed Nov 6, 2026.
• Redfin, Bellevue WA housing market (three months ending Sept 2026 median sale price by home type, homes sold, days on market, sale-to-list / above-list / price-drop shares; September still latest month as of Nov 6, 2026), https://www.redfin.com/city/1387/WA/Bellevue/housing-market , accessed Nov 6, 2026.
• City of Bellevue, City website (municipal context for Bellevue), https://bellevuewa.gov/ , accessed Nov 6, 2026.

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