Belt, MT—59412
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Belt, MT
As of Oct '25, the median home price in Belt, MT is $392,000, with a year-over-year change of 10.4%. This indicates that home prices in Belt, MT are increasing. According to Zillow, the 1-year price projection is 5.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $392,000 | 10.4% |
| Single Family | $392,000 | 9.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $262,000 | 10.1% |
3 Bed | $447,000 | 9.3% |
4 Bed | $559,000 | 7.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Belt, MT
Belt, MT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $925 | $925 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $925 | $925 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Belt, MT
As of Oct '25, Realtor.com reports that the median days on market for a home in Belt, MT is 132. This is a increase of 15.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $636,000 | -27.0% |
Listing Count | 14 | 23.0% |
| Listings as % of Homes | 0.4% | 23.0% |
Days on Market | 132 | 15.0% |
Demographics — Belt, MT
As of the latest ACS Survey released in 2023, Belt, MT has a population of 1,450, which has decreased by -5.8% over the past 5 years. Belt, MT is a moderately popular place for families, as children make up 20.6% of the population. The area has a moderately educated workforce, with 31.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,450 | -5.8% |
% Under 18 | 20.6% | -10.8% |
% Seniors | 23.2% | 0.0% |
% WFH | 11.3% | 68.7% |
% w/ College Degree | 31.6% | 30.0% |
As of the latest ACS Survey released in 2023, Belt, MT is a predominantly white area, with 91.0% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Belt, MT is hispanic, making up 5.5% of the population. Foreign-born residents account for 0.8% of the population in Belt, MT, and this percentage has decreased by 33.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.0% | -2.0% |
% Black | 0.3% | ∞% |
% Hispanic | 5.5% | 205.6% |
% Asian | 0.1% | ∞% |
% Foreign Born | 0.8% | -33.3% |
Mortgage and Risk — Belt, MT
According to HUD data as of 2023, there were 59 mortgage originations in Belt, MT, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Belt, MT. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 59 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Belt, MT
Belt, MT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 25 |
Total Units Section 8 | 25 |
% Rentals under Section 8 | 20.8% |
% Occupied Section 8 | 76.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $55 | $925 | $980 |
| 2 Bedroom | N/A | N/A | $1,290 |
| 3 Bedroom | N/A | N/A | $1,810 |
| 4 Bedroom | N/A | N/A | $2,050 |
Affordability — Belt, MT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $392,000 |
| Median Household Income | $83,400 |