Belmont, MA Housing Market
The Belmont housing market is most competitive. Homes in Belmont receive 4 offers on average and sell in around 21 days. The median sale price of a home in Belmont was $1.1M last month, down 20.0% since last year. The median sale price per square foot in Belmont is $537, down 2.0% since last year.
Belmont Housing Market Trends
In March 2024, Belmont home prices were down 20.0% compared to last year, selling for a median price of $1.1M. On average, homes in Belmont sell after 21 days on the market compared to 16 days last year. There were 17 homes sold in March this year, up from 15 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Belmont housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 15 days.
- Hot homescan sell for about 11% above list price and go pending in around 8 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 18 days.
- Hot homescan sell for about 9% above list price and go pending in around 8 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 17 days.
- Hot homescan sell for about 7% above list price and go pending in around 8 days.
Belmont Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Belmont from outside metros.
- New York homebuyers searched to move into Belmont more than any other metro followed by Hartford and San Francisco.
- 82% of Belmont homebuyers searched to stay within the Belmont metropolitan area.
- Portland was the most popular destination among Belmont homebuyers followed by Lebanon and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 2,367 | ||
2 | 1,280 | ||
3 | 400 | ||
4 | 312 | ||
5 | 131 | ||
6 | 108 | ||
7 | 105 | ||
8 | 28 | ||
9 | 17 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 3,041 | ||
2 | 1,853 | ||
3 | 1,807 | ||
4 | 1,019 | ||
5 | 995 | ||
6 | 895 | ||
7 | 753 | ||
8 | 664 | ||
9 | 394 | ||
10 | 347 |
Home offer insights for Belmont
Recent offers
View houses in Belmont that sold recently
Recently sold homes
- $1,550,000 Last Sold Price6 beds2 baths2,574 sq ft39-41 Harvard Rd, Belmont, MA 02478List Price$1,389,000Sale to List12% over listDays on Market43 days39-41 Harvard Rd, Belmont, MA 02478
- $1,100,000 Last Sold Price6 beds1.5 baths1,945 sq ft22 Skahan Rd #22, Belmont, MA 02478List Price$1,089,000Sale to List1% over listDays on Market41 days22 Skahan Rd #22, Belmont, MA 02478
- $1,252,000 Last Sold Price4 beds2 baths2,112 sq ft32 Park Rd, Belmont, MA 02478List Price$1,079,000Sale to List16% over listDays on Market47 days32 Park Rd, Belmont, MA 02478
- $1,275,000 Last Sold Price4 beds1.5 baths1,646 sq ft10 Cutter St, Belmont, MA 02478List Price$1,100,000Sale to List16% over listDays on Market40 days10 Cutter St, Belmont, MA 02478
- $1,300,000 Last Sold Price3 beds3.5 baths2,184 sq ft22 Shean Rd #22, Belmont, MA 02478Redfin Corp.List Price$1,199,000Sale to List8% over listDays on Market43 days22 Shean Rd #22, Belmont, MA 02478
- $1,675,000 Last Sold Price4 beds3 baths2,040 sq ft55 Newcastle Rd, Belmont, MA 02478List Price$1,570,000Sale to List7% over listDays on Market36 days55 Newcastle Rd, Belmont, MA 02478
- $493,000 Last Sold Price2 beds2 baths996 sq ft100 Lexington St Unit A10, Belmont, MA 02478List Price$495,000Sale to List0% under listDays on Market38 days100 Lexington St Unit A10, Belmont, MA 02478
- $1,601,000 Last Sold Price3 beds1.5 baths2,096 sq ft36 Hurd Rd, Belmont, MA 02478List Price$1,425,000Sale to List12% over listDays on Market43 days36 Hurd Rd, Belmont, MA 02478
See all recently sold homes in Belmont.
See listings
Schools in Belmont
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Winthrop L Chenery Middle School Public • 5-8 | 1428 Students | 6 reviews |
10/10 Butler Elementary School Public • K-4 | 384 Students | 7 reviews |
10/10 Mary Lee Burbank School Public • K-4 | 417 Students | 2 reviews |
9/10 Haggerty School Public • PreK-5 | 261 Students | 16 reviews |
8/10 J.R. Lowell Elementary School Public • PreK-5 | 404 Students | 13 reviews |
Climate's impact on Belmont housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Belmont.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Belmont
Walk Score®
Transit Score®
Bike Score®
More real estate resources for Belmont
New Listings in Belmont
Nearby City Housing Markets
Neighborhood Housing Markets
Zip Code Housing Markets
Nearby City Listings
Neighborhood Listings
Zip Code Listings
About us
Find us
Subsidiaries
Copyright: © 2024 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.