Market Overview
Home Prices in Belmont, MA
The median home value in Belmont, MA is $1,501,125 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.9% compared to a year ago and up 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Belmont are priced266% above average. Belmont is part of the Boston-Cambridge-Newton, MA-NH metro area.
Over the past five years, Belmont home values have risen by approximately26.5%, reflecting strong long-term appreciation in this market.
Price History
Belmont Home Price Trend
City Comparison
Belmont vs. National Median
At $1,501,125, homes in Belmont cost 266% above the national median of $410,000. Buyers in Belmont should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Belmont?
20% Down Payment
$300,225
on $1,501,125
Monthly P&I
$7,829/mo
30-yr @ 6.8%
Total Monthly Est.
~$9,943/mo
incl. taxes & insurance
Income Needed
$397,720
gross annual (30% rule)
10% Down Option
$150,113
+ PMI applies
Loan Amount (20% dn)
$1,200,900
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Belmont, MA?
The median home value in Belmont is $1,501,125 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.9% year-over-year.
How much have home prices changed in Belmont?
Over the past year, home values in Belmont have increased by 0.9%. Over five years, prices have risen approximately 26.5%.
How much do I need to earn to buy a home in Belmont?
To comfortably afford the median home price of $1,501,125 with a 20% down payment ($300,225) at today's rates (6.8%), you'd need a gross annual income of approximately $397,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Belmont compare to the national average home price?
The national median home value is approximately $410,000. At $1,501,125, homes in Belmont are 266% above the national average.
What metro area is Belmont part of?
Belmont is part of the Boston-Cambridge-Newton, MA-NH metropolitan area. Home prices and market conditions can vary across the broader metro region.