$420,000
1,322 SqFt
2 Beds
•2 Full Baths
Listing Office: Pollinator Properties LLC
November 2024
Report Updated 17 Days Ago
Is Belmont, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Belmont was a Buyer's Market.
How much do homes in Belmont, NC cost?
$599,000
$339/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
Summary: The median home sold price in Belmont was $599,000 in November 2024, down 19.1% from last year, and the median price per square foot was $339.
# BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $405K | $487.5K | +20.4% |
3 Bedrooms | $631K | $582.5K | -7.7% |
4 Bedrooms | $850K | $750K | -11.8% |
5+ Bedrooms | $2.0M | $1.3M | -35.4% |
Summary: Belmont housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.4%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes decreased by 35.4%.
Plaza Midwood | $805K | $841.5K | +4.5% |
Villa Heights | $589.9K | $610K | +3.4% |
Belmont | $740K | $599K | -19.1% |
How many homes are available in Belmont, NC?
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
28 | 28 | 0.0% |
Summary: The Belmont real estate market had 28 homes for sale in November 2024, the same as October 2024.
# BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 16 | 17 | +6.3% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Belmont housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 6.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
2 | 8 | +300.0% |
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Belmont in November 2024, up by 300.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
How long does it take to sell a home in Belmont, NC?
Nov 2023 | Nov 2024 | CHANGE |
---|---|---|
47 Days | 43 Days | -8.9% |
Summary: Homes in Belmont had an average of 43 days on market in Nov 2024, down by 8.9% compared to last year.
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During November 2024, 8 homes were sold in Belmont; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 17 Days Ago
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Last updated on: 12/18/2024, 10:21:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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