$3,438 Closing Credit*
$289,500
1,474 SqFt
3 Beds
•2 Full Baths, 1 Partial
#1985852, Jonathan Miles, Listing Office: Jon Miles Real Estate
Is Belmont, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, 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
$189,000
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
-$103,400(-35.4%)
Key Takeaway
Homes in Belmont have sold for 35.4% less than they did a year ago.
Summary: The median home sold price in Belmont was $189,000 in August 2024, down 35.4% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $68.5K | N/A |
| 2 Bedrooms | $97.2K | $155K | +59.4% |
| 3 Bedrooms | $284.9K | $239.4K | -16.0% |
| 4 Bedrooms | $425K | $271.5K | -36.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Belmont housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 59.4%, 3 bedroom homes decreased by 16%, 4 bedroom homes decreased by 36.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Dayton | $325K | $390K | +20.0% |
| Farmington | $332.5K | $367.5K | +10.5% |
| Belmont | $292.4K | $189K | -35.4% |
Housing Supply in Belmont, WI
How many homes are available in Belmont, WI?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Summary: The Belmont real estate market had 7 homes for sale in August 2024, a 12.5% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
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 20%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -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
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
