The Belmont housing market is not very competitive. The median sale price of a home in Belmont was $54K last month, down 33.3% since last year. The median sale price per square foot in Belmont is $55, down 24.7% since last year.
In March 2024, Belmont home prices were down 33.3% compared to last year, selling for a median price of $54K. On average, homes in Belmont sell after 113 days on the market compared to 19 days last year. There were 12 homes sold in March this year, up from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$54,000
-33.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Belmont, MI
$54,000
-33.3%
United States
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How hot is the Belmont housing market?
Belmont is not very competitive. Homes sell in 84 days.
0
100
16
Not Very Competitive
Redfin Compete Score™
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 9 months
Multiple offers are rare.
The average homes sell for about 7% below list price and go pending in around 84 days.
Hot homes
can sell for about 2% above list price and go pending in around 31 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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.
Risk Factor
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Belmont has a minor risk of flooding. 40 properties in Belmont are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Belmont. Flood risk is increasing faster than the national average.