Is Belmont, MI 49306 a buyer’s or seller’s market?
Belmont is a seller’s market. With about 1 months of supply and 33% 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 87% of U.S. ZIP codes, and #74 of 510 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, 33% of homes in Belmont, MI 49306 sold above their list price, the typical home went under contract in 5 days and there was 1 month of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 47 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 42%, homes sold faster (7 days then) and the median sale price held steady to $519,775. Overall, Belmont is less competitive than a year ago, which gives buyers more room.
Within Kent County, homes here sell faster than in any other ZIP code in the county, and sell less often over asking than in 88%. On our competition score, Belmont ranks #74 of 510 MI ZIP codes with enough sales (score 82 out of 100).
Nearby, buyers who want less competition could look at Sand Lake 49343 (22% sold over asking) or Caledonia 49316 (28% sold over asking), while Wyoming 49509 (63% sold over asking) and Grand Rapids 49507 (59% sold over asking) are even more competitive.
Run the numbers for 49306
Nearby markets
Ada 49301Seller’s market $273 /sq ftAlto 49302Seller’s market $216 /sq ftByron Center 49315Seller’s market $225 /sq ftCaledonia 49316Seller’s market $218 /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 was 1 months of supply in Belmont, MI 49306 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 5 days in the latest three months.
Do homes in Belmont sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Belmont?
About 1.11% of a home’s value a year in Kent County, or roughly $4,440 on a $400,000 home.
What is the median home price in Belmont?
The median sale price was $519,775 in the three months ending August 31, 2026, about $214 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