What is the median home value in the Village of Belmont, NY?
The median value of owner-occupied homes in the Village of Belmont, NY is $94,600 (±$6,474), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In the Village of Belmont, the median home value went from $67,600 in 2015–2019 to $94,600 in 2020–2024 (+39.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median home value
- $94,600 (±$6,474)
- Owner-occupied homes
- 271 (±48)
- Most common range
- $50,000 to $99,999
Home values in the Village of Belmont
| Value | Village of Belmont | Allegany County | New York | United States |
|---|---|---|---|---|
| Less than $50,000 | 8.5% (±5.2 points) | 13.6% | 3.9% | 5.3% |
| $50,000 to $99,999 | 49.1% (±11.1 points) | 35.6% | 5.6% | 6.1% |
| $100,000 to $149,999 | 30.3% (±10.6 points) | 19.3% | 6.7% | 6.8% |
| $150,000 to $199,999 | 4.4% (±3.3 points) | 14.5% | 8.3% | 9.0% |
| $200,000 to $299,999 | 5.2% (±3.7 points) | 10.9% | 13.2% | 17.8% |
| $300,000 to $499,999 | 0.0% (±14.5 points) | 4.4% | 19.7% | 26.9% |
| $500,000 to $999,999 | 1.8% (±2.7 points) | 1.4% | 30.1% | 20.9% |
| $1,000,000 or more | 0.7% (±1.1 points) | 0.4% | 12.6% | 7.1% |
The most common range is $50,000 to $99,999, 49.1% 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.
The Village of Belmont against Allegany County, its state and the nation
| Village of Belmont | Allegany County | New York | United States | |
|---|---|---|---|---|
| Median home value | $94,600 (±$6,474) | $101,700 (±$3,420) | $423,800 (±$1,627) | $332,700 |
| Owner-occupied homes | 271 (±48) | 14,038 (±342) | 4,196,985 (±19,607) | 84,210,142 |
In the Village of Belmont, the median home value is not measurably different from Allegany County ($101,700).
It is also lower than in New York ($423,800).
It is lower than the national figure ($332,700).
In Allegany County, the Village of Belmont ranks 2 of 10 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 504 of 530.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in the Village of Belmont have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $67,600 (±$10,600) | $94,600 (±$6,474) | +39.9% | No measurable change after inflation |
| Median owner cost with a mortgage | $929 (±$290) | $1,095 (±$102) | +17.9% | No measurable change after inflation |
| Median real estate taxes | $1,957 (±$295) | $2,613 (±$192) | +33.5% | No measurable change 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 the Village of Belmont
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Village of Belmont | — | $94,600 (±$6,474) | — |
| Town of Amity | 1.5 mi | $87,300 (±$6,719) | Not measurably different |
| Town of Friendship | 5.1 mi | $78,600 (±$13,313) | Lower |
| Town of Scio | 5.4 mi | $117,100 (±$26,930) | Not measurably different |
| Town of Angelica | 5.9 mi | $87,800 (±$11,774) | Not measurably different |
| Village of Angelica | 5.9 mi | $81,200 (±$8,792) | Lower |
| Town of Ward | 6.6 mi | $133,800 (±$31,195) | Higher |
| Town of Belfast | 7.6 mi | $95,600 (±$7,469) | Not measurably different |
| Village of Wellsville | 8.1 mi | $91,200 (±$6,678) | Not measurably different |
Nearby places with a measurably lower figure: Town of Friendship, NY ($78,600), Village of Angelica, NY ($81,200).
Nearby places with a measurably higher figure: Town of Ward, NY ($133,800).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Allegany County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Village of Alfred | $170,800 (±$30,564) |
| 2 | Village of Belmont | $94,600 (±$6,474) |
| 3 | Village of Wellsville | $91,200 (±$6,678) |
| 4 | Village of Almond | $90,400 (±$19,615) |
| 5 | Village of Cuba | $85,900 (±$9,358) |
| 6 | Village of Angelica | $81,200 (±$8,792) |
| 7 | Village of Andover | $72,000 (±$5,201) |
| 8 | Village of Bolivar | $71,900 (±$13,827) |
Showing 8 of 10 places in Allegany County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Village of Belmont
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Village of Belmont beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Village of Belmont, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Village of Belmont, and send estimates and invoices from your phone.
Questions about Village of Belmont
What is the average home value in the Village of Belmont, NY?
The Census Bureau publishes the median: $94,600 (±$6,474) for owner-occupied homes in the Village of Belmont (2020–2024 American Community Survey).
Have home values in the Village of Belmont gone up?
In the Village of Belmont, the median home value went from $67,600 in 2015–2019 to $94,600 in 2020–2024 (+39.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Is this what homes in the Village of 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Belmont village, New York
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Belmont village, New York
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Belmont village, New York
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Belmont village, New York
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 village, New York (place:05815, in state:36).
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.
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 .
Related
- Housing in the Village of Belmont at a glance
- Median rent in the Village of Belmont
- Rent burden in the Village of Belmont
- Renters and owners in the Village of Belmont
- Income and affordability in the Village of Belmont
- Homeowner costs in the Village of Belmont
- Property taxes in the Village of Belmont
- Types of homes in the Village of Belmont
- Bedrooms in the Village of Belmont
- Age of homes in the Village of Belmont
- Heating fuel in the Village of Belmont
- Commute and cars in the Village of Belmont
- How long people stay in the Village of Belmont
- New York landlord and tenant rules
- Housing across Allegany County
- New York places ranked by median home value
- Housing data for every place in New York