View in Interactive Map

Belmont, MI—49306

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$468,000
8.3% YoY Growth
Household Income
$105,000
28.7% YoY Growth
Days on Market
99
31.0% Longer YoY
Home Price Forecast
3.6%
Median Rent
$850
N/A
1-Bed Rent
$850
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Belmont, MI

As of Dec '25, the median home price in Belmont, MI is $468,000, with a year-over-year change of 8.3%. This indicates that home prices in Belmont, MI are increasing. According to Zillow, the 1-year price projection is 3.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$468,0008.3%
Single Family $449,0008.2%
Condos $533,0008.6%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$440,0006.8%
    3 Bed
    		$416,0006.9%
    4 Bed
    		$513,0005.1%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    1 Bedroom
    0.8%
    2 Bedrooms
    12.5%
    3 Bedrooms
    52.2%
    4 Bedrooms
    25.1%
    5+ Bedrooms
    9.4%

    Rental Trends — Belmont, MI

    Belmont, MI lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average Rent$850$850
    Studio Rent N/AN/A
    1 Bed Rent $850$850
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    1 Bedroom
    16.1%
    3 Bedrooms
    73.2%
    4 Bedrooms
    10.7%

    Property Listings — Belmont, MI

    As of Dec '25, Realtor.com reports that the median days on market for a home in Belmont, MI is 54. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$575,00011.0%
    Listing Count
    		181.0%
    Listings as % of Homes0.3%1.0%
    Days on Market
    		9931.0%
    Loading chart...

    Demographics — Belmont, MI

    As of the latest ACS Survey released in 2023, Belmont, MI has a population of 10,800, which has increased by 2.0% over the past 5 years. Belmont, MI is a moderately popular place for families, as children make up 23.3% of the population. The area has a highly educated workforce, with 47.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.3% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		10,8002.0%
    % Under 18
    		23.3%-2.5%
    % Seniors
    		22.6%46.8%
    % WFH
    		15.3%118.6%
    % w/ College Degree
    		47.8%22.3%
    Loading chart...

    As of the latest ACS Survey released in 2023, Belmont, MI is a predominantly white area, with 86.6% of the population identifying as white. The white population has shrunk by 7.0% in the last 5 years. The second most common race or ethnicity in Belmont, MI is hispanic, making up 7.7% of the population. Foreign-born residents account for 2.6% of the population in Belmont, MI, and this percentage has increased by 4.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		86.6%-7.0%
    % Black
    		1.0%400.0%
    % Hispanic
    		7.7%108.1%
    % Asian
    		0.6%-66.7%
    % Foreign Born
    		2.6%4.0%
    Loading chart...

    Mortgage and Risk — Belmont, MI

    According to HUD data as of 2023, there were 258 mortgage originations in Belmont, MI, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Belmont, MI. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		258
    % Conventional Loans
    		95.0%
    % Government Loans
    		5.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		10.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Belmont, MI

    Belmont, MI lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		46
    Total Units Section 8
    		0
    % Rentals under Section 8
    		0.0%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$530$850$1,380
    2 BedroomN/AN/A$1,650
    3 BedroomN/AN/A$2,140
    4 BedroomN/AN/A$2,350

    Affordability — Belmont, MI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.7
    Median Home Price$468,000
    Median Household Income$105,000

    Belmont, MI — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Grand Rapids, MI

    49525

    Rockford, MI

    49341

    Grand Rapids, MI

    49505

    Alpine, MI

    49321

    Ada, MI

    49301

    Frequently Asked Questions