Belmont is a suburban neighborhood located in Ashburn, Virginia. The median real estate price in Belmont is $924,663, which is more costly than 95.7 percent of the neighborhoods in Virginia and 94.9 percent of the neighborhoods in the U.S. The average rental price in Belmont is $4,525s. This community is higher than 99.0 percent of the neighborhoods in Virginia.
Belmont real estate comprises large (four, five, or more bedroom) to medium-sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is owner-occupied. Many of the residences in the Belmont area are modern, built around 2000 or more recently. A number of houses were also developed between 1970 and 1999. In Belmont, the current vacancy rate is 0.0 percent, which is a lower rate of vacancies than 100.0 percent of all communities in the U.S. These data mean the housing supply in Belmont is quite tight relative to the demand for property here.
Notable & Unique Neighborhood Characteristics
The way a community looks and feels as you walk or drive through it can make all the difference from its environment, buildings, and flavor. As revealed by our exclusive research, the Belmont neighborhood has some highly extraordinary qualities about its looks and feel, which may encompass everything from the housing stock to the types of households living here to how people get around.
Notable & Unique: Real Estate
Owner-occupied real estate dominates the Belmont area. In fact, according to research, the percentage of residential real estate inhabited by its owner is higher here than in 95.5 percent of neighborhoods in America. Belmont has the distinction of having one of the lowest real estate vacancy rates of any community in America. With just 0.0 percent of the real estate empty, this implies an abnormally strong demand for real estate in the Belmont neighborhood and a challenge with providing enough supply for the market demands. Such factors could boost real estate prices, increase supply to meet demand, or both.
In addition, one way that the Belmont area particularly stands out is that it contains many enormous 4, 5, or more bedroom homes and real estate than 99.1 percent of the neighborhoods in America. When you stroll or drive about this neighborhood, you’ll instantly note the scale of the homes here, which indeed makes a great visual statement.
Furthermore, residences built from 2000 until now make up a more significant part of the Belmont neighborhood’s real estate landscape than 99.1 percent of the communities in America. When you are driving about this area, you’ll note straight away that it is one of the newest built of any, with the fragrance of fresh paint and the look of young landscaping practically everywhere you look. 84.3 percent of the residential real estate here categorizes as newer. The number of current residences is so tremendous that they dominate the landscape entirely. There is a mixture of eras of residential real estate in most areas, but here it is virtually exclusively created during a one-time frame: 2000 through the present.
Also of note, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Belmont neighborhood could be your paradise. With 23.7% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with the opportunity to find the right place for you. Only 4.8% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most exciting things about this unique neighborhood.