Belmont
"So safe they call it "Town of Homes" not "Town of Homes with Alarms""
Editorial median as of February 3, 2025. 48 closed single-family sales in 2026, through October 23, 2026.
Home Values in Belmont, MA
The median home price in Belmont, MA is $1,335,000, with homes trading at $603/sqft. Home values in Belmont have appreciated at roughly 3.7% per year, reflecting steady demand and limited inventory typical of Greater Boston suburbs.
Census estimated median home value: $1061K (ACS 2022 5-year). Current market prices typically run higher due to post-2022 appreciation.
Financing Considerations
Properties in Belmont typically require jumbo financing with stricter underwriting, larger down payments (20–25%+), and higher reserve requirements.
Learn about loan thresholds, property condition impact, flood/wind insurance, and how vintage homes (common in many MA towns) affect mortgage approval.
The Vibe
Quiet, safe, and everyone knows their neighbors
What It's Really Like
Quiet residential town with excellent schools, safe neighborhoods, and strong community bonds
Best For
- ✓Safety-conscious families
- ✓School quality
- ✓Quiet suburban life
- ✓Community involvement
Avoid If
- ✗You want excitement
- ✗You're under 35
- ✗You like spontaneity
Highlights
Insider Tips
- Cushing Square area is walkable
- Property taxes lower than you'd expect
- Zero nightlife but that's the point
Demographics
Source: Census ACS 2023 5-year estimates
Economic Profile
Religious Community
Housing Stock Age
High Insurance Risk
Belmont has a high concentration of pre-1940 homes (57.1%). Insurance premiums may be significantly higher ($2,800-$4,000+/year) and some carriers may decline coverage. Budget for potential remediation costs (knob-and-tube wiring, asbestos, lead paint).
Insurance Cost Calculator
Estimate your annual homeowners insurance premium
Leave blank to use town median (1938)
30-Year Mortgage Impact
Total insurance cost over 30-year mortgage (equivalent to 0.3% of home value)
Age Penalty
This home costs $1,889 more per year to insure than a newly built home. Over 30 years, that's $56,670 in additional insurance costs.
Ways to Lower Your Premium
- Bundle home + auto insurance with same carrier (10-25% discount)
- Increase deductible from $500 to $2,500 (save 15-30%)
- Install monitored security system (5-20% discount)
- Update electrical panel and remove knob-and-tube wiring
- Replace roof with impact-resistant materials (save 5-15%)
- Upgrade plumbing to PEX or copper
- Complete full home inspection and address major issues
- Consider MAPFRE or Chubb for historic home coverage
- Shop quotes from 5-6 carriers (rates vary significantly)
- Ask about claims-free discount (5-year history)
* Estimates based on Massachusetts state averages and typical underwriting criteria. Actual premiums vary by carrier, coverage limits, deductible, claims history, and credit score. For accurate quotes, contact a licensed insurance agent.
Construction Era Distribution
Resources & Research
School Information
Compare 48 high schools by SAT scores, MCAS proficiency & college enrollment
Market Analysis
Recent sales data, price drivers, and market trends for Belmont
Vote on what live Belmont listings will actually close for — shareable price checkpoints
Break-even math, SALT cap impacts & decision framework for Boston buyers
Ready to Find Your Perfect Property in Belmont?
Compare this town with others, or look through homes that have already sold here.
Property report for an address in Belmont
Enter a street address in Belmont. The free preview shows closed-sales coverage for that town; the full printable report adds comps, a town summary, risk flags, and an AI write-up.