What is the median home value in Belmont, MA?

The median value of owner-occupied homes in Belmont, MA is $1,159,000 (±$33,086), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Belmont, the median home value went from $859,600 in 2015–2019 to $1,159,000 in 2020–2024 (+34.8%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$1,159,000 (±$33,086)
Owner-occupied homes
6,739 (±307)
Most common range
$1,000,000 or more

Home values in Belmont

Owner-occupied homes by value, 2020–2024
ValueBelmontMiddlesex CountyMassachusettsUnited States
Less than $50,0000.6% (±0.6 points)1.3%1.9%5.3%
$50,000 to $99,9990.0% (±0.6 points)0.8%1.0%6.1%
$100,000 to $149,9990.4% (±0.4 points)0.6%1.1%6.8%
$150,000 to $199,9990.3% (±0.3 points)0.7%2.0%9.0%
$200,000 to $299,9990.3% (±0.4 points)2.8%8.5%17.8%
$300,000 to $499,9993.9% (±1.5 points)16.5%28.7%26.9%
$500,000 to $999,99930.7% (±3.4 points)53.4%43.2%20.9%
$1,000,000 or more63.9% (±3.4 points)24.0%13.7%7.1%

The most common range is $1,000,000 or more, 63.9% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Belmont against Middlesex County, its state and the nation

Estimate (90% margin of error)
BelmontMiddlesex CountyMassachusettsUnited States
Median home value$1,159,000 (±$33,086)$727,800 (±$3,891)$562,100 (±$2,169)$332,700
Owner-occupied homes6,739 (±307)388,893 (±2,870)1,741,158 (±8,598)84,210,142

In Belmont, the median home value is higher than in Middlesex County ($727,800).

It is also higher than in Massachusetts ($562,100).

It is higher than the national figure ($332,700).

In Middlesex County, Belmont ranks 7 of 54 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 17 of 351.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Belmont have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$859,600 (±$20,047)$1,159,000 (±$33,086)+34.8%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Belmont

Nearest places with a published estimate, compared with Belmont
PlaceDistanceMedian home valueCompared with this place
Belmont—$1,159,000 (±$33,086)—
Watertown1.8 mi$784,600 (±$31,188)Lower
Arlington (community)1.8 mi$933,800 (±$23,081)Lower
Arlington1.8 mi$933,800 (±$23,081)Lower
Waltham3.2 mi$748,700 (±$27,073)Lower
Cambridge3.4 mi$1,092,100 (±$42,162)Lower
Somerville4.1 mi$911,300 (±$25,952)Lower
Medford4.1 mi$755,500 (±$23,189)Lower
Lexington (community)4.3 mi$1,203,100 (±$35,366)Not measurably different

Nearby places with a measurably lower figure: Watertown, MA ($784,600), Arlington (community), MA ($933,800), Arlington, MA ($933,800).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Middlesex County, place by place

RankPlaceMedian home value
1Weston$1,694,400 (±$263,177)
2Newton$1,264,900 (±$43,175)
3Winchester$1,215,200 (±$38,844)
4Concord$1,210,000 (±$71,781)
5Lincoln$1,208,200 (±$132,051)
6Lexington$1,203,100 (±$35,366)
7Belmont$1,159,000 (±$33,086)
8Carlisle$1,103,900 (±$45,749)
9Cambridge$1,092,100 (±$42,162)
10Sherborn$1,026,800 (±$71,956)
11Sudbury$988,900 (±$41,992)
12Wayland$978,400 (±$36,486)
13Arlington$933,800 (±$23,081)

Showing 13 of 54 places in Middlesex County, ranked from highest to lowest.

The figures for Belmont include the places inside it that have pages of their own: Belmont (community).

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Belmont

What is the average home value in Belmont, MA?

The Census Bureau publishes the median: $1,159,000 (±$33,086) for owner-occupied homes in Belmont (2020–2024 American Community Survey).

Have home values in Belmont gone up?

In Belmont, the median home value went from $859,600 in 2015–2019 to $1,159,000 in 2020–2024 (+34.8%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Belmont sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Belmont town, Middlesex County, Massachusetts (county subdivision:05070, in state:25 county:017).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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