Zip 02478 (Belmont, MA) Housing

The housing in 02478 Belmont, MA is significantly more expensive than the median value for the entire US. The median housing value in 02478 Belmont, MA is $1,263,100 whereas the US median house value is only $338,100. This indicates that houses in 02478 Belmont, MA sell for more than 3 times the national average. Additionally, over the past year house values have appreciated 16.14% in 02478 Belmont, MA compared to 8.27% for the rest of the nation. This further reflects that homes in 02478 Belmont, MA are highly desirable and valuable.

The median home cost in Belmont (zip 02478) is $1,263,100. Home appreciation the last 10 years has been 77.1%. Home Appreciation in Belmont (zip 02478) is up 10.8%.

Average Age of Homes

- The median age of Belmont (zip 02478) real estate is 78 years old

The Rental Market in Belmont (zip 02478)

- Renters make up 35.7% of the Belmont (zip 02478) population
- 1.0% of houses and apartments in Belmont (zip 02478), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Belmont, Massachusetts	United States
	10,878.0	139,647,020.0
	61	42
	$1,263,100	$338,100
	10.8%	16.6%
	29.5%	57.0%
	77.1%	101.1%
	$11.44	$10.98
	$10,001	$2,690
	60.6%	57.4%
	4.7%	11.2%
	34.7%	31.4%
Vacant Housing
	1.0%	1.9%
	0.3%	0.4%
	0.2%	0.7%
	0.0%	0.4%
	1.1%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.0%	2.4%
	0.1%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.2%	11.3%
	0.0%	13.0%
	0.4%	20.1%
	3.2%	13.6%
	3.4%	8.3%
	21.1%	9.7%
	27.8%	3.9%
	29.3%	2.2%
	9.1%	0.8%
	5.1%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	2.7%	13.6%
	2.7%	13.6%
	1.2%	13.6%
	2.0%	13.2%
	4.6%	14.8%
	1.2%	13.6%
	11.4%	10.0%
	8.3%	4.7%
	57.8%	12.2%

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