Zip Code:

02478, Belmont, MA

02478 is a Massachusetts Zip code within the city of Belmont and the county of Middlesex County. Its population is roughly 26,099.

The Real Estate Market in the 2478 Zip Code of Belmont, MA

Belmont, MA is located in the Boston metropolitan area. The 2478 zip code has a population of approximately 21,000. Home prices in this zip code have increased significantly over the past few years. In March of 2016, the median home price was $539,000. As of September 2017, the median home price had increased to $619,000. This increase in home prices has had a significant impact on residents of this zip code.

Many residents are now struggling to pay their mortgages and other debts associated with owning a home. Many are also finding it difficult to save for a down payment on a new home because of the high cost of homes in this zip code. This situation has led to many people being forced out of their homes and into foreclosure or bankruptcy.

Despite these challenges, there are some positive aspects to the increasing popularity of homes in Belmont, MA. For example, this area is known for its beautiful scenery and excellent schools. Additionally, many people who live in Belmont enjoy being close to major attractions such as Fenway Park and Boston Common.

Price Index: Cambridge-Newton-Framingham, MA (MSAD)

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