The housing market in Belmont, MA is thriving. The median value of a home in Belmont, MA is $1,205,800 which is significantly higher than the US median value of $338,100. Furthermore, the appreciation rate for homes in Belmont, MA over the past year was 16.14%, more than double the US 1 year house appreciation rate of 8.27%. This demonstrates that Belmont's real estate market continues to be a great investment for potential homeowners and developers alike.
The median home cost in Belmont is $1,205,800. Home appreciation the last 10 years has been 77.1%. Home Appreciation in Belmont is up 10.8%.
Average Age of Homes
- The median age of Belmont real estate is 78 years old
The Rental Market in Belmont
- Renters make up 35.6% of the Belmont population
- 1.0% of houses and apartments in Belmont, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.