In August 2020, there were 28 homes sold, with a median sale price of $235,000. There were 33 homes sold in Belmont in August 2019, and the median sales price for the period was also $235,000.
The median sales tax in Belmont for the most recent year with available data, 2019, was $2,245, approximately 1% of the median home sale price for August 2020.
The following table compares Belmont to other Gaston County cities with similar median sales prices in August 2020:
| City | Aug. 2020 Home Sales | Aug. 2019 Home Sales | % change (Total Home Sales) | Aug. 2020 Median Sales Price | Aug. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mount Holly | 25 | 38 | -34.2% | $245,000 | $201,000 | 21.9% |
| Belmont | 28 | 33 | -15.2% | $235,000 | $235,000 | 0% |
| Cramerton | 9 | 17 | -47.1% | $227,500 | $197,000 | 15.5% |
| Lowell | 4 | 6 | -33.3% | $217,500 | $181,000 | 20.2% |
| Gastonia | 136 | 154 | -11.7% | $177,500 | $160,000 | 10.9% |
| High Shoals | 2 | 0 | - | $176,000 | $0 | - |
| Kings Mountain | 3 | 4 | -25% | $170,000 | $174,750 | -2.7% |
| Stanley | 9 | 23 | -60.9% | $165,000 | $180,000 | -8.3% |
| McAdenville | 1 | 0 | - | $160,000 | $0 | - |
| Bessemer City | 9 | 19 | -52.6% | $154,500 | $101,000 | 53% |
| Goshen Grove | 1 | 0 | - | $145,000 | $0 | - |
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