Belmont, NC Home Values & Market Trends
Real estate market trends reflect that there have been 474 transactions over the past year in Belmont. The median value for residential home transactions that occurred over the previous year is $383,194.51. The number of current listings in Belmont is 78, and the percentage of properties for sale in the city is 78.00%. Belmont, NC currently has 12 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 78 properties for sale.
Belmont, NC Real Estate Market Overview
Zip | Median Est. Value |
---|---|
28012 | $ 397,499 $ 229/sqft |
Housing Market Summary for Belmont, NC
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $395K | $350.5K | -11.26% |
Median Sold Price | $350K | $350.5K | 0.15% |
Homes For Sale | 49 | 72 | 46.94% |
Homes Sold | 242 | 192 | -20.66% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Belmont, NC
Browse Homes in Belmont, NC
Belmont home values range from $38,441 to $2,591,760. The median estimated value of a home in Belmont is $383,194.51. The median list price of a home is 421,950, and the total count of properties in the city is 10,197.
- Pre-ForeclosurePre-foreclosure homes account for 0.09% of all residential properties in Belmont, NC with 28012 containing 9 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Belmont, NC; of that zips, the estimated home value for pre-foreclosure homes ranges from $555,100 in 28012 to the lowest home value of $125,000 in 28012.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Belmont, NC ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Belmont, NC. There is 1 zips within Belmont, NC; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions28012 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Belmont, NC. Auction homes and other auction properties account for 0.03% of all properties in Belmont, NC. There is 1 zips within Belmont, NC; of that zips, the median estimated home value for homes going to auction ranges from $368,000 in 28012 to the lowest value of $302,700 in 28012.
Compare Nearby Cities
More Real Estate Resources for Belmont, NC
Guide for Belmont, NC
North Carolina Foreclosure Laws
In Greensboro, NC, real estate trends indicate a decreasing average property value and sale price as of February 2024 while maintaining consistent market activity. Property values in the city indicate an affordable entry point for homebuying in comparison to neighboring areas.
The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.
This blog post explores the varying property values and real estate trends in Charlotte, North Carolina and its surrounding areas within a span of a year. The analysis provides insights into median property values, square foot prices, sold properties, foreclosures, market health, and local submarkets.