The population of Belmont is very affluent compared to others in California with a median income of $94,469 per household. It's also considered a very expensive city in terms of affordability with a cost of living adjustment score of 232.0. Belmont is made up of homes that are older than most with a median of 46 years. The top school in the city is Central Elementary School.
Some of the more expensive homes in California are in Belmont with a median home value of $820,000 and an average list price for available homes currently at $1,497,233.
Make sure you take a look at these eye-catching homes in Belmont that generated the most views from potential buyers:
A three-bedroom detached home valued around $1,451,345 is considered a typical dwelling in Belmont. If a buyer was looking for a similar home, they would need good credit and a $290,269 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $6,498 and the property tax rate is $5.34 per $1,000 of taxable assessed value.
Get started right now by checking out Belmont homes for sale or reviewing Belmont real estate trends.