Belmont Hills is one of the newer, gated corners of Citrus Hills — estate homes on half- to one-acre treed lots, still filling in its final homesites. It has tightened from a buyer’s market in August to balanced, at about 6.0 months of inventory, and per-square-foot value is at an all-time high, up about 42% since 2021. Nothing here fell — but buyers are still few, so the sharpest price wins. Over the past year, homes priced right from day one sold in a median of 79 days at 96.0% of ask; overpriced-then-cut homes sat 124 days and gave up a median of $35,000 — and half of this cycle’s listings never sold at all. Strong values don’t excuse a hopeful number — price to today’s per-foot comps.
Belmont Hills is one of the youngest, higher-priced villages in Citrus Hills — a gated, equestrian-themed enclave platted in the early 2000s and still filling in its half- to one-acre homesites. The typical resale sold near $472,000.00 ($217 a foot) over the past year; today 4 homes are for sale against just 1 under contract, and 3 have already cut price.
What makes pricing tricky here isn’t a downturn — there hasn’t been one. Per-foot value has climbed almost every year and now sits at its high, up about 42% since 2021. The catch is the thin buyer pool: with only a handful of buyers closing, the past year’s sold record splits sharply on price discipline —
The 8 resale closings of the past 12 months (new construction excluded). "Priced right" = sold with no price reduction; "overpriced" = reduced at least once before selling. A small sample, and the same pattern the long-run record shows.
Median resale value per square foot by calendar year (2026 is year-to-date through September — just 5 sales, so read that point with caution). We chart per-foot value, not median price, because median price swings on which sizes happen to sell. Note what this line does — it climbs almost every year to today’s high, which means any softness in Belmont has been a supply story, not a falling-value one.
| Year | Sold | Median Price | $/SqFt | DOM | Ask |
|---|---|---|---|---|---|
| 2021 | 13 | 350,000.00 | $160.47 | 48 | 15% |
| 2022 | 14 | 426,250.00 | $191.33 | 21 | 57% |
| 2023 | 8 | 404,950.00 | $198.29 | 48 | 12% |
| 2024 | 5 | 440,000.00 | $195.90 | 111 | 0% |
| 2025 | 10 | 474,750.00 | $207.20 | 70 | 20% |
| 2026 YTD | 5 | 489,000.00 | $228.08 | 102 | 40% |
Resale homes only; full calendar years with 2026 as year-to-date through September. The 2026 row is only 5 sales, so treat it as a hint, not a trend. The $/SqFt column isolates real value change from which sizes happened to sell.
The Peak Test: on resale value per square foot, Belmont Hills is at its high — roughly $228 a foot in 2026 so far, up about 42% since 2021, with no correction in between. That equity is real and in your favor. The trap here isn’t a bygone peak; it’s assuming an all-time-high market lets you name a number buyers won’t meet when they still have homes to choose from.
Not every listing sells. In the current cycle, half the resale listings here — 5 of 10 — ended without a sale. In a market this size, overpricing doesn’t just slow a sale — it can kill it, and a long market history invites a harder negotiation.
Long-run perspective: resale value per square foot is up about 42% since 2021. Priced to today’s market — not the peak — your home has real equity and the data on its side.