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# SoldAvg. Sale $Median Sale $SP:OP
Condo
YE 201975$761,818$674,00099%
YE 202084$759,196$685,250100%
YE 2021125$797,552$740,000102%
YTD 8-31-2192$810,539$767,500102%
YTD 8-31-2258$845,209$757,500105%
Single Family
YE 2019155$1,276,055$1,140,00099%
YE 2020147$1,387,741$1,250,000100%
YE 2021172$1,512,612$1,430,000106%
YTD 8-31-21115$1,560,519$1,460,732107%
YTD 8-31-22100$1,841,943$1,693,000105%
Multi-Family
YE 201935$959,011$975,00098%
YE 202026$1,047,673$1,049,50099%
YE 202159$1,181,120$1,205,000103%
YTD 8-31-2132$1,181,062$1,206,500105%
YTD 8-31-2229$1,247,172$1,200,000102%

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 TypeYE 2019YE 2020YE 2021YTD 8-31 2021YTD 8-31 2022
Condo:10411813810875
Single-Family:186180192148117
Multi-Family4343714637

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®

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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.