The housing market in Belmont, LA is relatively stable with a median housing value of $167,600. This is significantly lower than the US housing median of $338,100, but still indicative of a healthy market. Despite the lower median value, home appreciation has only increased by 1.02% over the past year - much lower than the nation-wide 8.27%. It is clear that Belmont's housing market is slow and steady despite its affordable prices.
The median home cost in Belmont is $167,600. Home appreciation the last 10 years has been 41.2%. Home Appreciation in Belmont is up 10.7%.
Average Age of Homes
- The median age of Belmont real estate is 25 years old
The Rental Market in Belmont
- Renters make up 18.4% 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.