Much like other places in this area, it is a lot less expensive compared to the nation as a whole. It's significantly less expensive compared to the city of Charlotte.
Home prices
The median home in Belwood is valued at $95,800. This is about $1,240 (1%) lower compared to its nearby areas.It is roughly $121,700 (55%) lower in comparison to the United States as a whole, and in comparison to the city of Charlotte is about $124,500 (56%) lower.
Rents
The median monthly rent in Belwood is $628. In comparison to its surrounding areas it is approximately $39 (5%) lower.It is about $434 (40%) lower compared to the rest of the nation, and in comparison to the city of Charlotte is approximately $507 (44%) lower.
Nearby places
Fallston
Fallston is roughly 3 miles south from Belwood. Housing prices there are a bit more expensive. The median home cost in Fallston is $110,600, which is $14,800 (13%) higher than Belwood. Its rents are a little less expensive. In Fallston the median monthly rent is $494, which is $134 (27%) lower than Belwood.
Lawndale
Lawndale is approximately 5 miles southwest of Belwood. Real estate prices there are somewhat less expensive. The median home in Lawndale is valued at $75,000, which works out to $20,800 (27%) lower than Belwood. Rents there are a little more expensive. In Lawndale the median rent is $755 per month, which comes out to $127 (16%) higher than Belwood.
Casar
Casar is about 5 miles northwest from Belwood. The housing prices there are a bit less expensive. The median home in Casar is valued at $78,800, which is $17,000 (21%) lower than Belwood. Rents there are a bit less expensive. In Casar the median monthly rent is $525, which works out to $103 (19%) lower than Belwood.
Polkville
Polkville is roughly 7 miles southwest of Belwood. Real estate prices there are a bit more expensive. The median home in Polkville costs $116,200, which comes out to $20,400 (17%) higher than Belwood. Rents there are a bit more expensive. In Polkville the median rent is $839 per month, which comes out to $211 (25%) higher than Belwood.
Waco
Waco is roughly 9 miles southeast from Belwood. Its housing prices are somewhat more expensive. The median home value in Waco is $104,600, which works out to $8,800 (8%) higher than Belwood. Rents there are somewhat more expensive. Waco's median rent is $721 per month, which is $93 (12%) higher than Belwood.