Why Live in Belmont Woods
Belmont Woods in North Chesterfield, Richmond, is a residential neighborhood characterized by its densely wooded surroundings and quiet, rural atmosphere, despite being less than 7 miles from downtown Richmond. The neighborhood's homes range from cozy bungalows to modern multi-story constructions, with a median construction year of 1995. Residents benefit from proximity to major thoroughfares like Chippenham Parkway and Powhite Parkway, making commuting convenient. However, the area lacks sidewalks and public transportation, necessitating personal vehicles for travel. Belmont Woods is part of the Richmond Public Schools district, with students attending J. L. Francis Elementary, Thomas C. Boushall Middle, and the highly rated Open High School. The Steward School, a top-rated private school, is also an option for families. While the neighborhood itself lacks parks and recreational amenities, nearby Stratton Park, Ukrop Park, and Broadrock Park offer outdoor activities, and the Manchester Family YMCA provides indoor fitness and sports programs. For shopping, residents frequent Food Lion and Walmart, both within a few miles, and Meadowdale Plaza for additional retail options. Dining options include local favorites like Ocean Crab House and Tako Tako. The neighborhood's safety is comparable to the national average, contributing to its appeal for a variety of homebuyers.
Frequently Asked Questions
Is Belmont Woods a good place to live?
Belmont Woods is a good place to live. Belmont Woods is considered very car-dependent and somewhat bikeable with minimal transit options. Belmont Woods is a suburban neighborhood. Belmont Woods has 5 parks for recreational activities. It is sparse in population with 2.1 people per acre and a median age of 45. The average household income is $90,827 which is below the national average. College graduates make up 58.2% of residents. A majority of residents in Belmont Woods are home owners, with 12.1% of residents renting and 87.9% of residents owning their home. A
local real estate agent serving Belmont Woods can help you decide if this neighborhood is the right one for you. Learn more on our
Belmont Woods neighborhood guide.
How much do you need to make to afford a house in Belmont Woods?
The median home price in Belmont Woods is $447,500. If you put a 20% down payment of $89,500 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $2,260 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $97K a year to afford the median home price in Belmont Woods. The average household income in Belmont Woods is $91K.
What are the best public schools in Belmont Woods?
The best public schools that serve Belmont Woods are:
What are the best private schools in Belmont Woods?
The best private schools that serve Belmont Woods are:
What are the most popular zip codes in Belmont Woods, Richmond, VA?
What are the most popular neighborhoods near Belmont Woods, Richmond, VA?
Are home prices dropping in Belmont Woods?
Yes, home prices in Belmont Woods are down 7% in the last 12 months.
Home Trends in Belmont Woods, VA
On average, homes in Belmont Woods, Richmond sell after 88 days on the market compared to the national average of 52 days. The median sale price for homes in Belmont Woods, Richmond over the last 12 months is $405,000, down 9% from the median home sale price over the previous 12 months.
Median Sale Price
$405,000
Median Single Family Sale Price
$425,000
Average Price Per Sq Ft
$183
Number of Homes for Sale
3
Last 12 months Home Sales
11
Median List Price
$447,500
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-9%