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Belmont Real Estate Insights

Belmont is a neighborhood located in Philadelphia, Pennsylvania.
Belmont is a true melting pot of our world when it comes to food; with choices such as seafood, pizza and Caribbean, after a night of quick bites you will feel like you have just hit several corners of the globe. You'll find antique shops, wholesale stores and beauty supply shops and many other stores close by, making this a good location for people to come to shop. Public transportation is the favored way to get from or around this area, with many easy-to-access stations and stops helping you reach your destination.
Many homeowners in Belmont act as landlords, so this area has plenty of rental opportunities for those who are still saving to buy their first home. Many women have chosen to make this place their home and females now outnumber males by quite some margin. This neighborhood is a fairly youthful area, so it's an ideal location for those who want to live among young adults. Public data indicates a below-average income for residents inhabiting this neighborhood.
Buyers looking to move to Belmont can be optimistic in rising home values. The price appreciation last year rose 10.5 percent, from $79,800 to $88,200, allowing homeowners to benefit from a favorable, climbing market. Last year, this location featured 7 listings, and in this year, the number of homes for sale prominently increased to 9, a 28.6 percent escalation.