Is Belmont, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Belmont has remained a Seller's Market.
Housing Prices in Belmont, OH
How much do homes in Belmont, OH cost?
Median Sold Price
$147,500
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Belmont was $147,500 in April 2024, up 9.3% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $55K | $90.5K | +64.5% |
2 Bedrooms | $117.3K | $132.5K | +12.9% |
3 Bedrooms | $145K | $159.9K | +10.3% |
4 Bedrooms | $160K | $199.9K | +24.9% |
5+ Bedrooms | $196K | $225K | +14.8% |
Summary: Belmont housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 64.5%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 24.9%, and 5+ bedroom homes increased by 14.8%.
Median Sold Price Compared To Nearby Neighborhoods
Hearthstone | $115K | $132K | +14.8% |
Linden Heights | $130K | $145K | +11.5% |
Eastmont | $129.9K | $143.9K | +10.8% |
Belmont | $134.9K | $147.5K | +9.3% |
Walnut Hills | $132K | $134.2K | +1.7% |
Housing Supply in Belmont, OH
How many homes are available in Belmont, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 35 | -2.8% |
Summary: The Belmont real estate market had 35 homes for sale in April 2024, a 2.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 16 | 11 | -31.3% |
3 Bedrooms | 15 | 17 | +13.3% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Belmont housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 31.3%, 3 bedroom homes increased by 13.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 8 | -38.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Belmont in April 2024, down by 38.5% month-over-month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.
Days on Market for Belmont, OH
How long does it take to sell a home in Belmont, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 53 Days | +33.3% |
Summary: Homes in Belmont had an average of 53 days on market in Apr 2024, up by 33.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Belmont; 13% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.