Home Sale Prices Belmont MA: 2019 – 2022
Comparison of market statistics for residential Condominium, Single Family, and Multi-Family homes sold in Belmont, Massachusetts from 2019 to 2022.
| Property Type | # Sold | Avg. Sale $ | Median Sale $ | SP:OP |
| Condo | ||||
| YE 2019 | 75 | $761,818 | $674,000 | 99% |
| YE 2020 | 84 | $759,196 | $685,250 | 100% |
| YE 2021 | 125 | $797,552 | $740,000 | 102% |
| YTD 8-31-21 | 92 | $810,539 | $767,500 | 102% |
| YTD 8-31-22 | 58 | $845,209 | $757,500 | 105% |
| Single Family | ||||
| YE 2019 | 155 | $1,276,055 | $1,140,000 | 99% |
| YE 2020 | 147 | $1,387,741 | $1,250,000 | 100% |
| YE 2021 | 172 | $1,512,612 | $1,430,000 | 106% |
| YTD 8-31-21 | 115 | $1,560,519 | $1,460,732 | 107% |
| YTD 8-31-22 | 100 | $1,841,943 | $1,693,000 | 105% |
| Multi-Family | ||||
| YE 2019 | 35 | $959,011 | $975,000 | 98% |
| YE 2020 | 26 | $1,047,673 | $1,049,500 | 99% |
| YE 2021 | 59 | $1,181,120 | $1,205,000 | 103% |
| YTD 8-31-21 | 32 | $1,181,062 | $1,206,500 | 105% |
| YTD 8-31-22 | 29 | $1,247,172 | $1,200,000 | 102% |
KEY: YE = Year End YTD = Year To Date SP:OP = Sales Price to Original Price Ratio
Data Source: MLS Pinergy® as of 9-23-2022
©2022 Intellectual property of Tamela Roche, all rights reserved
Housing Inventory Belmont MA: 2019 – 2022
Comparison of the total number of residential Condominium, Single Family, and Multi-Family homes listed for sale in Belmont, Massachusetts from 2019 to 2022.
| Property Type | YE 2019 | YE 2020 | YE 2021 | YTD 8-31 2021 | YTD 8-31 2022 |
| Condo: | 104 | 118 | 138 | 108 | 75 |
| Single-Family: | 186 | 180 | 192 | 148 | 117 |
| Multi-Family | 43 | 43 | 71 | 46 | 37 |
KEY: YE = Year End YTD = Year To Date
Data Source: MLS Pinergy® as of 9-23-2022
©2022 Intellectual property of Tamela Roche, all rights reserved
Location & Governance
Belmont, Massachusetts is located 8 miles northwest of downtown Boston and comprises 4.6 square miles of land. The zip code in Belmont, MA is 02478.
Settled in 1630 and incorporated as a town in 1859; Belmont is managed by the style of government called “Representative Town Meeting”.
Residential Taxes
The Fiscal Year 2022 residential tax rate for Belmont, MA is 11.56%. Residential Taxes in Massachusetts
Housing Overview
With a population of 24,729 residents, the average household size is 2.54 persons and the median household income s $ 105,859. Of 10,184 total housing units, 60% are owner-occupied, 35% rented and 5% are vacant.
Sources: U.S. Census Bureau 2010-2014; Town of Belmont MA; MLS Pinergy®
Additional Market Statistics:
Tamela Roche
Contact Tamela to schedule a Seller or Home Buyer Consultation to prepare for the sale of your home or to purchase a new home in Belmont, MA.
Clients also receive my Residential Market Analysis with comprehensive market data and historical home sale trends for Belmont and surrounding cities and towns.
