Belt Junction—76129
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Belt Junction
Belt Junction lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
No data available
Rental Trends — Belt Junction
Belt Junction lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
No data available
Property Listings — Belt Junction
Belt Junction lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Belt Junction
As of the latest ACS Survey released in 2023, Belt Junction has a population of 1,720, which has decreased by -41.0% over the past 5 years. Belt Junction is a less popular place for families, as children make up 0.5% of the population. The area has a highly educated workforce, with 80.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,720 | -41.0% |
% Under 18 | 0.5% | ∞% |
% Seniors | 0.0% | N/A |
% WFH | 11.8% | -12.6% |
% w/ College Degree | 80.2% | 274.8% |
As of the latest ACS Survey released in 2023, Belt Junction is a predominantly white area, with 57.1% of the population identifying as white. The white population has shrunk by 14.0% in the last 5 years. The second most common race or ethnicity in Belt Junction is asian, making up 15.2% of the population. Foreign-born residents account for 14.2% of the population in Belt Junction, and this percentage has increased by 100.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 57.1% | -14.0% |
% Black | 13.8% | 12.2% |
% Hispanic | 8.8% | -39.7% |
% Asian | 15.2% | 253.5% |
% Foreign Born | 14.2% | 100.0% |
Mortgage and Risk — Belt Junction
According to HUD data as of 2023, there were 4 mortgage originations in Belt Junction, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Belt Junction. Investor activity is high, as 25.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 4 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 25.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Belt Junction
Belt Junction lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,680 |
| 2 Bedroom | N/A | N/A | $1,960 |
| 3 Bedroom | N/A | N/A | $2,590 |
| 4 Bedroom | N/A | N/A | $3,160 |
Affordability — Belt Junction
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | N/A |