Belmont, WV is an attractive area for housing investment due to its high median house value of $149,000 that is significantly lower than the US median house value of $338,100. The appreciation rate of houses in Belmont has also been higher than the national average, with a 1 year appreciation rate of 15.71% compared to 8.27% nationally. This means that people looking to invest in housing in Belmont can expect a greater amount of return on their investment than they would receive from investing in housing at a national level.
The median home cost in Belmont is $149,000. Home appreciation the last 10 years has been 51.3%. Home Appreciation in Belmont is up 9.1%.
Average Age of Homes
- The median age of Belmont real estate is 44 years old
The Rental Market in Belmont
- Renters make up 32.8% of the Belmont population
- 0.0% 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.