Belmont

Real Estate Market Stats

Zillow Home Value Index: $108,800

Zillow Home Value Index

Owners vs. Renters

Home Size in Square Feet

Year Built

Local National
Zillow Home Value Index $108,800 $146,200
Median Single Family Home Value $108,800 $146,400
Median 2-Bedroom Home Value $96,900 $109,800
Median 3-Bedroom Home Value $102,700 $140,900
Percent Homes Decreasing 41.6% 55.8%
Percent Listing Price Reduction 28.6% 28.9%
Median List Price Per Sq Ft $93 $92
Median List Price $124,000 $185,000
Median Sale Price $81,500 $176,500
Homes Recently Sold 11 267,974
Property Tax $888 $2,105
Turnover (Sold Within Last Yr.) 2.8% 3.3%
Median Value Per Sq Ft $96 $106
1-Yr. Change -2.2% -3.1%
Homes For Sale By Owner 2 50,054
New Construction 0 44,602
Foreclosures 3 524,762

Belmont, not to be confused with the Town of Belmont in Gaston County, is located just outside Charlotte’s Center City and the I-277 loop. The community is currently undergoing a revitalization much similar to other rebirths that took place in Plaza Midwood and NoDa.

Thanks to the $20 million revitalization of Piedmont Courts into a mixed income housing development to be renamed Seigle Pointand several million dollars in infrastructure grants from the City of Charlotte, Belmont’s future looks brights.

Real estate in the area is already in high demand for many of the community’s quaint bungalows that offer wrap around front porches and backyards with a skyline view of Center City.