The housing market in Belmont, OH is strong and growing. The median value of a home in Belmont, OH is $175,900 which is significantly lower than the US median value of $338,100. In addition to the low median price point already being attractive to potential buyers, the one year house appreciation in Belmont, OH is 12.77%, which is higher than the US 1 year house appreciation rate of 8.27%. The combination of a relatively low cost and high appreciation rate makes it an attractive home buying option for those looking for strong investment options.
The median home cost in Belmont is $175,900. Home appreciation the last 10 years has been 79.6%. Home Appreciation in Belmont is up 14.0%.
Average Age of Homes
- The median age of Belmont real estate is 78 years old
The Rental Market in Belmont
- Renters make up 13.5% 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.