Home Values

Belmont Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$768,400

  • -1.8% 1-year change
  • -0.3% 1-year forecast

The median home value in Belmont is $768,400. Belmont home values have declined -1.8% over the past year and Zillow predicts they will fall -0.3% within the next year. The median list price per square foot in Belmont is None. The median rent price in Belmont is $2,100, which is lower than the Boston Metro median of $2,400.

Foreclosures will be a factor impacting home values in the next several years. In Belmont 1.2 homes are foreclosed (per 10,000). This is lower than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Belmont is 3.2%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Belmont homeowners underwater on their mortgage is 2.9%, which is lower than Boston Metro at 9.8%.

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Relative ZHVI
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Belmont Market Overview

Data through Apr 30, 2015
  • $768,400 ZHVI
  • -0.3% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Belmont Market Health

Data through Apr 30, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 2.9% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 3.2% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Newton $813,400
Winchester $809,000
Lexington $777,600
Name Median ZHVI
Cambridge $552,700
Arlington $549,400
Somerville $446,000
Name Median ZHVI
Waltham $434,400
Watertown $425,600
Medford $395,700

Listings & Sales

  • No data
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Belmont Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $2,930 Belmont
    $2,184 Boston Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 5.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $2,100 Rent list price
  • No data Rent list price / sq ft
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