Belmont, MA Home Values & Market Trends

Real estate market trends reflect that there have been 260 transactions over the past year in Belmont. The median value for residential home transactions that occurred over the previous year is $1,321,237.55. The number of current listings in Belmont is 5, and the percentage of properties for sale in the city is 5.00%. Belmont, MA currently has 3 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 5 properties for sale.

Belmont, MA Real Estate Market Overview

ZipMedian Est. Value
02478

$ 1,812,250

$ 752/sqft

Housing Market Summary for Belmont, MA

Apr 2023March 2024Change
Median Listing Price$1M$1.2M11.15%
Median Sold Price$1.2M$1.2M-3.41%
Homes For Sale64-33.33%
Homes Sold91987.69%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Belmont, MA

Belmont home values range from $147,057 to $8,588,979. The median estimated value of a home in Belmont is $1,321,237.55. The median list price of a home is 1,150,000, and the total count of properties in the city is 7,937.

Foreclosure
There is 1 zips within Belmont, MA; within this zips, the median estimated home value for homes in foreclosure ranges from $2,420,314 in 02478 to the lowest value of $1,214,000 in 02478. Foreclosure homes account for 0.00% of properties in Belmont, MA with 02478 containing 3 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.03% of all residential properties in Belmont, MA with 02478 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Belmont, MA; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,365,000 in 02478 to the lowest home value of $1,214,000 in 02478.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Belmont, MA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Belmont, MA. There is 1 zips within Belmont, MA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    02478 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Belmont, MA. Auction homes and other auction properties account for 0.01% of all properties in Belmont, MA. There is 1 zips within Belmont, MA; of that zips, the median estimated home value for homes going to auction ranges from $2,420,314 in 02478 to the lowest value of $2,420,314 in 02478.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.06% of residential properties in Belmont, MA with 02478 containing 5 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Belmont, MA; homes for sale in that zips, have a range of median values from $3,654,403 in 02478 to the lowest value of $1,182,250 in 02478.
    Sold Homes
    The median value for recently sold homes ranges from $7,195,500 in 02478 to the lowest price of $205,729 in 02478. There is 1 zips within Belmont, MA. 02478 has 92 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.16% of properties in Belmont, MA.

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      Guide for Belmont, MA

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      See More Articles
      Boston Real Estate: A Year of Growth – Market Report March 2024
      Market Reports|posted 14 March 2024

      This analysis highlights the significant growth in Boston’s real estate market with increasing property values, and the diversity of pricing in its neighborhoods. It presents a dynamic market catering to a wide range of buyers and investors, from high-end to more economic entry points.

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      What To Consider Before Renting a RTO Home
      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.

      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      Market Reports|posted 4 April 2024

      The Charleston real estate market has displayed notable fluctuations in property values, with trends for sales volume, square foot costs, and average sale price showing a general upward trajectory.

      Recently Listed Homes Belmont, MA

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