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Sarah Mitchell

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Compass Real Estate · Belmont, MA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Belmont, MA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Belmont, MA Housing Market & Real Estate

Seller's market-5.2% YoY

Housing market overview · Updated monthly ·

$1.37Mmedian sale price

How is the Belmont, MA housing market right now?

The median home sale price in Belmont, MA is $1.37M, down 5.2% year-over-year. Homes sell in an average of 15 days with 58 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Belmont a buyer's or seller's market?

Seller's market3.2 months of supply15 avg. days on market

Belmont, MA is currently a seller's market, based on 3.2 months of supply and homes selling in about 15 days. How we determine this →

Homes sold

18

Last 12 weeks

Days on market

15

Fast-moving

Active listings

58

3.2 months supply

Sale-to-list

102.4%

Above asking

What does the Belmont housing market data show?

Current housing market statistics for Belmont, MA
MetricValue
Median sale price$1.37M
Median list price$1.36M
Year-over-year price change-5.2%
Average days on market15 days
Active inventory58 listings
Months of supply3.2 months
Sale-to-list price ratio102.4%
Median price per sq ft$664/sq ft
Homes sold (latest month)18
New listings (latest month)31
Listings with a price cut36.2%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Belmont by property type?

How the Belmont, MA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Belmont, MA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$1.67M$679/sq ft915 days
Condo / Co-op$662,500$651/sq ft421 days
Townhouse$940,000$636/sq ft125 days

Source: Redfin · Updated monthly

The Belmont housing market is currently classified as a seller's market with a median sale price of $1.37M. Prices have fallen 5.2% compared to last year, with homes spending an average of 15 days on market, indicating 3.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 8.4x provides context for how home values compare to local earning capacity.

Homes for sale in Belmont

There are currently 58 homes listed for sale in Belmont, Massachusetts. The median listing price is $1.4M. Featured listings range from $419,000 to $1,950,000.

1 bedroom condo for sale at 19 Thayer Rd Unit 19 Belmont 02478 - $419,000
New Listing
16
$419,000

19 Thayer Rd Unit 19

Belmont, MA 02478

1 bd1 ba615 sqft$681/ft²
Condo
View photos & details
1 bedroom condo for sale at 188 Waverley St Unit 1 Belmont 02478 - $499,900
New Listing
16
$499,900

188 Waverley St Unit 1

Belmont, MA 02478

1 bd1 ba875 sqft$571/ft²
Condo5,025 sqft lot
View photos & details
2 bedroom condo for sale at 17 Hull St Unit 1 Belmont 02478 - $675,000
New Listing
24
$675,000

17 Hull St Unit 1

Belmont, MA 02478

2 bd1 ba928 sqft$727/ft²
Condo5,940 sqft lot
View photos & details
3 bedroom condo for sale at 15 Hull St Unit 2 Belmont 02478 - $695,000
New Listing
30
$695,000

15 Hull St Unit 2

Belmont, MA 02478

3 bd1 ba1,698 sqft$409/ft²
Condo5,940 sqft lot
View photos & details
3 bedroom condo for sale at 188 Waverley St Unit 2 Belmont 02478 - $699,900
New Listing
23
$699,900

188 Waverley St Unit 2

Belmont, MA 02478

3 bd2 ba1,050 sqft$667/ft²
Condo5,025 sqft lot
View photos & details
4 bedroom multi-family for sale at 188 Waverley St Belmont 02478 - $1,150,000
New Listing
40
$1,150,000

188 Waverley St

Belmont, MA 02478

4 bd3 ba1,925 sqft$597/ft²
Multi-family5,025 sqft lot
View photos & details
5 bedroom multi-family for sale at 15-17 Hull St Belmont 02478 - $1,350,000
New Listing
40
$1,350,000

15-17 Hull St

Belmont, MA 02478

5 bd2 ba2,626 sqft$514/ft²
Multi-family5,940 sqft lot
View photos & details
3 bedroom condo for sale at 17 Drew Rd Unit 17 Belmont 02478 - $1,375,000
New Listing
34
$1,375,000

17 Drew Rd Unit 17

Belmont, MA 02478

3 bd4 ba1,847 sqft$744/ft²
Condo4,250 sqft lot
View photos & details
3 bedroom condo for sale at 19 Drew Rd Unit 19 Belmont 02478 - $1,425,000
New Listing
34
$1,425,000

19 Drew Rd Unit 19

Belmont, MA 02478

3 bd3 ba1,758 sqft$811/ft²
Condo4,250 sqft lot
View photos & details
4 bedroom house for sale at 16 Preble Gardens Rd Belmont 02478 - $1,449,000
New Listing
35
$1,449,000

16 Preble Gardens Rd

Belmont, MA 02478

4 bd2 ba1,664 sqft$871/ft²
House5,200 sqft lot
View photos & details
3 bedroom condo for sale at 56 Summit Rd Unit 5 Belmont 02478 - $1,850,000
New Listing
28
$1,850,000

56 Summit Rd Unit 5

Belmont, MA 02478

3 bd5 ba2,979 sqft$621/ft²
Condo
View photos & details
4 bedroom house for sale at 38 Payson Ter Belmont 02478 - $1,950,000
New Listing
29
$1,950,000

38 Payson Ter

Belmont, MA 02478

4 bd3 ba2,708 sqft$720/ft²
House12,206 sqft lot
View photos & details

Looking to buy in Belmont?

Get connected with a local real estate expert — free, no obligation.

Active listings

58

Homes on market

Median list price

$1.4M

Avg. days on market

15

Days until sale

New this week

31

Newly listed

Price drops:36.2%of listings
Sale-to-list:102.4%

Who lives in Belmont?

Population

27,009

Median income

$178,188/yr

Median age

42.4 years

Owner-occupied

64.2%

College grads

80.2%

Avg commute

29.5 min

Source: U.S. Census Bureau ACS

What are homes worth in Belmont?

Zillow home value

$1.50M

Zillow rent index

$3,249/mo

Price-to-rent ratio

38.5x

Price-to-income

8.4x

Source: Zillow Research

What is it like to live in Belmont?

Belmont is a community of approximately 27K residents with a median age of 42.4 years.The median household income is $178,188, which reflects a relatively affluent area with strong earning potential. 80.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 64.2%, showing a blend of owner and renter-occupied properties. The average commute time is 29.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Belmont offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Belmont?

6 schools tracked · 3,758 students

The largest public schools serving Belmont, MA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Belmont High

Grades 9-12 · 1,462 students

Public

Winthrop L Chenery Middle

Grades 5-6 · 713 students

Public

Roger E Wellington

Grades PK-4 · 522 students

Public

Winn Brook

Grades K-4 · 418 students

Public

Mary Lee Burbank

Grades K-4 · 322 students

Public

Daniel Butler

Grades K-4 · 321 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Belmont, MA?

Want a head-to-head view? Compare Belmont side-by-side with any other U.S. city using our market-comparison tool.

Which ZIP codes are in Belmont?

Is Belmont a good real estate investment market?

For investors evaluating Belmont, the price-to-rent ratio of 38.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 5.2% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Belmont's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Belmont's median home price.

Frequently asked questions

What is the average home price in Belmont?

The median home sale price in Belmont is $1.37M, down 5.2% from last year.

How long do homes stay on market in Belmont?

Homes typically spend 15 days on market before going under contract.

What is the median income in Belmont?

The median household income is $178,188 per year.

Is Belmont a buyer's or seller's market?

With 3.2 months of supply, Belmont is currently a seller's market.

How many homes are for sale in Belmont?

There are currently 58 homes listed for sale in Belmont, MA.

What is the Zillow home value estimate for Belmont?

The Zillow Home Value Index (ZHVI) for Belmont is $1.50M, representing the typical home value in the area.

What is the median condo price in Belmont?

The median condo/co-op sale price in Belmont, MA is $662,500, compared to $1.67M for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Belmont?

The median single-family home price in Belmont, MA is $1.67M (about $679 per square foot).

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