Is Belmont, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belmont is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Belmont has remained a Seller's Market.

Key Takeaway

Belmont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Belmont, WI

How much do homes in Belmont, WI cost?

Median Sold Price

$169,500

$125/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

-$8,000(-4.5%)

Key Takeaway

Homes in Belmont have sold for 4.5% less than they did a month ago.

Summary: The median home sold price in Belmont was $169,500 in August 2024, down 4.5% from last month, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 $68.5K-
N/A
2 $155K$169.5K
+9.4%
3 $259K-
N/A
4 $200K-
N/A
5+ --
N/A

Summary: Belmont housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Belmont, WI

How many homes are available in Belmont, WI?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
64-33.3%

Summary: The Belmont real estate market had 4 homes for sale in August 2024, a 33.3% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 10
-100.0%
2 32
-33.3%
3 12
+100.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Belmont housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belmont, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Belmont in August 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Belmont, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Belmont, WI

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