Why Live in Belmont
Belmont, a neighborhood in Detroit, is contributing to the city's resurgence with its active community engagement. Residents benefit from newsletters, advisory boards, security patrols, and winter snow removal services, enhancing the quality of life. The neighborhood features lush lawns, shaded sidewalks, and a mix of architectural styles, including Tudor, Colonial Revival, and cozy bungalows, with detached garages and small lamp posts. Belmont is part of the Detroit Public Schools Community School District, where students attend John R. King Academic and Performing Arts Academy and Renaissance High School, the latter known for its academic achievements and advanced courses. Outdoor enthusiasts can enjoy Peterson Playfield, which offers sports courts, a baseball field, a playground, and a spray ground. Puritan-Coyle Park, though smaller, is slated for future upgrades. Local shopping options include Greenfield Market, Meijer, Dollar General, and CVS. Dining in Belmont features Southern Smokehouse, known for its smoked meats and southern sides, and Urban Grill, offering a variety of dishes from salads to seafood. The neighborhood is conveniently located near DMC Sinai Grace Hospital, providing comprehensive healthcare services and educational seminars. Belmont is safer than the national average, making it a practical choice for potential home buyers.
Frequently Asked Questions
Is Belmont a good place to live?
Belmont is a good place to live. Belmont is considered car-dependent and somewhat bikeable with some transit options. Belmont has 5 parks for recreational activities. It is fairly dense in population with 11.7 people per acre and a median age of 36. The average household income is $53,799 which is below the national average. College graduates make up 20.7% of residents. A majority of residents in Belmont are home owners, with 44.3% of residents renting and 55.7% of residents owning their home. A
local real estate agent serving Belmont can help you decide if this neighborhood is the right one for you. Learn more on our
Belmont neighborhood guide.
How much do you need to make to afford a house in Belmont?
The median home price in Belmont is $89,900. If you put a 20% down payment of $18,000 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $440 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $19K a year to afford the median home price in Belmont. The average household income in Belmont is $54K.
What are the best public schools in Belmont?
The best public schools that serve Belmont are:
- Cass Technical High School has a B+ Niche grade, a student teacher ratio of 25:1 and an average review score of 3.9.
- Renaissance High School has a B Niche grade, a student teacher ratio of 20:1 and an average review score of 3.6.
- Bates Academy has a B- Niche grade, a student teacher ratio of 19:1 and an average review score of 4.4.
What are the best private schools in Belmont?
The best private schools that serve Belmont are:
- Loyola High School has a C+ Niche grade, a student teacher ratio of 10:1 and an average review score of 4.0.
What are the most popular zip codes in Belmont, Detroit, MI?
What are the most popular neighborhoods near Belmont, Detroit, MI?
Are home prices dropping in Belmont?
Yes, home prices in Belmont are down 3% in the last 12 months.
Home Trends in Belmont, MI
On average, homes in Belmont, Detroit sell after 49 days on the market compared to the national average of 52 days. The median sale price for homes in Belmont, Detroit over the last 12 months is $72,000, down 15% from the median home sale price over the previous 12 months.
Median Sale Price
$72,000
Median Single Family Sale Price
$85,000
Average Price Per Sq Ft
$77
Number of Homes for Sale
22
Last 12 months Home Sales
33
Median List Price
$89,900
Median Change From 1st List Price
9%
Median Home Sale Price YoY Change
-15%
