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Belmont, CA Real Estate


According to census data in the year 2000 there were 10,628 housing units in Belmont. This represents a 3% growth from 10,320 in 1990.

Of those housing units, 10,628 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Belmont is about 60.2%. Belmont's vacancy rate, including seasonal lodging, is about 1.5%. Average household size is 2.34 people.

The majority of houses, apartments or condos in Belmont were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type6.10%
One Bedroom18.50%
Two Bedrooms19.20%
Three Bedrooms36.80%
Four Bedrooms16.40%
Five Bedrooms or more3%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.71
Median year structure was built1961
Median Value of occupied units$593,200
Median Price asked for vacant units$808,300

Rented Homes, Apartments and Condos

Average Household Size1.79
Median year structure was built1967
Median Monthly Rent asked for vacant units$1,125

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage10.30%
Home Equity Loan12.50%
Simple Mortgage54.50%
Debt Free22.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.9%