Community

Belmont Real Estate

Central Elgin, Elgin

16Active
35Sold
0Leased

Belmont Market

Updated Aug 23, 2026
Homes
Median sale price
$701K
Median PSF (est.)
$563/sqft
Sold last 90 days
6
Active listings
14
Months of inventory
14.0
Avg days on market
58
Sale-to-list ratio
97.34%
Absorption rate
7.1%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 0.00% · End-user: 100.00% (from 6 sales, 0 leases)
Price reductions (90d)
Price-reduction rate: 33.33%
Avg reduction: $104,100 (10.93%)
Monthly reduction trend
2025-12: 25.0% (4 listings) · avg $25,000
2026-04: 33.3% (3 listings) · avg $10,000
2026-07: 66.7% (3 listings) · avg $104,100
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $563+19.94% vs municipality avg ($470)[premium]
Seasonality (annual pattern)
Historically strongest months: May, Apr, Aug
Historically weakest months: Jul, Oct, Jan
Annual averages: DOM 54.6d · sale-to-list 97.34% (n=20)
Monthly detail
Jan · 3 sales · DOM 97.3d · STL 97.97%
Mar · 1 sales · DOM 22.0d · STL 100.00%
Apr · 3 sales · DOM 16.3d · STL 95.22%
May · 1 sales · DOM 16.0d · STL 98.78%
Jun · 1 sales · DOM 69.0d · STL 97.08%
Jul · 3 sales · DOM 81.3d · STL 98.12%
Aug · 1 sales · DOM 18.0d · STL 97.78%
Sep · 1 sales · DOM 39.0d · STL 98.64%
Oct · 1 sales · DOM 95.0d · STL 99.76%
Nov · 1 sales · DOM 64.0d · STL 89.64%
Dec · 4 sales · DOM 46.0d · STL 97.80%
Loading market intelligence…

About Belmont Real Estate

Explore 16 active listings in Belmont, located in Central Elgin. compare 16 properties for sale, and find your next home with detailed market data and price estimates.

Belmont has seen 35 completed transactions recently, with 35 sold and 0 leased properties providing rich comparable data for accurate valuations.

Other Communities in Central Elgin