Is Belmont, MA 02478 a buyer’s or seller’s market?
Belmont is a seller’s market. With about 1.9 months of supply and 59% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 95% of U.S. ZIP codes, and #72 of 362 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Belmont housing market right now
In the three months ending August 31, 2026, 59% of homes in Belmont, MA 02478 sold above their list price, the typical home went under contract in 19 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 66 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 51%, homes sold more slowly (15 days then) and the median sale price fell 3% to $1,421,885. Overall, Belmont is more competitive than a year ago, so tougher for buyers.
Within Middlesex County, homes here sell faster than in 85% of the county’s ZIP codes, and sell more often over asking than in 80%. On our competition score, Belmont ranks #72 of 362 MA ZIP codes with enough sales (score 90 out of 100).
Nearby, buyers who want less competition could look at Newton Lower Falls 02462 (0% sold over asking) or Cambridge 02142 (0% sold over asking), while Acton 01718 (100% sold over asking) and Dunstable 01827 (78% sold over asking) are even more competitive.
Run the numbers for 02478
Nearby markets
Acton 01718 $291 /sq ftActon 01720Seller’s market $385 /sq ftArlington 02474Seller’s market $598 /sq ftArlington 02476Seller’s market $609 /sq ft Browse all markets →Towns like Belmont nearby
Find towns like Belmont in other states →Where Belmont is
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Questions about Belmont real estate
Is Belmont a buyer’s or seller’s market?
A seller’s market: there were 1.9 months of supply in Belmont, MA 02478 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Belmont?
The typical home went under contract in 19 days in the latest three months.
Do homes in Belmont sell over asking?
59% of homes sold above their original list price, and the typical sale closed at 102.4% of the list price.
What are property taxes in Belmont?
About 1.03% of a home’s value a year in Middlesex County, or roughly $4,120 on a $400,000 home.
What is the median home price in Belmont?
The median sale price was $1,421,885 in the three months ending August 31, 2026, about $601 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology