Market Overview
Home Prices in Belmont, ME
The median home value in Belmont, ME is $334,308 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.5% compared to a year ago and up 1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Belmont are priced18% below average.
Price History
Belmont Home Price Trend
2024
$329,418
$329K
—
2025
$332,704
$333K
+1.0%
2026
$334,308
$334K
+0.5%
City Comparison
Belmont vs. National Median
🏠 Belmont
$334,308
National Median
$410,000
At $334,308, homes in Belmont cost 18% below the national median of $410,000. This makes Belmont a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Belmont?
20% Down Payment
$66,862
on $334,308
Monthly P&I
$1,744/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,215/mo
incl. taxes & insurance
Income Needed
$88,600
gross annual (30% rule)
10% Down Option
$33,431
+ PMI applies
Loan Amount (20% dn)
$267,446
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, ME?
The median home value in Belmont is $334,308 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.5% year-over-year.
How much have home prices changed in Belmont?
Over the past year, home values in Belmont have increased by 0.5%.
How much do I need to earn to buy a home in Belmont?
To comfortably afford the median home price of $334,308 with a 20% down payment ($66,862) at today's rates (6.8%), you'd need a gross annual income of approximately $88,600. 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 $334,308, homes in Belmont are 18% below the national average.