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Belen, NM Real Estate & Property Data

Belen Real Estate Market Trends

Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Belen, NM 87002. ATTOM’s Belen real estate data is updated daily, and current market trends show that in Belen, NM a total of 413 residential properties have sold over the past year. With a median home price of $245,926 in Belen and a total of 7 foreclosures. Get detailed property data for Belen, NM instantly. ATTOM is your one-stop-shop for the Belen property reports and real estate data you need in Belen, NM.

Belen Real Estate Market Trends

Get property data for any address in Belen, NM or the country:

Total Residential Properties 9,585

Total Commercial Properties 7

Avg. Home Age (Single Family Home) 44 Years

Avg. Square Feet (Single Family Home) 2,160

Total 2025 Residential Sales (year-to-date) 36

% of Homes Seriously Underwater (Q2 2025) 1%

Total 2024 Residential Sales 419

% of Equity Rich Homes (Q2 2025) 33.99%

Effective 2024 Property Tax 0.48%

Total Foreclosure Filings (year-to-date) 7

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Belen, NM 87002 Real Estate Overview

There were 413 residential properties sold in the past year in Belen, NM 87002. The median home value in Belen, NM 87002 is $249,453. There are a total of 9,585 residential properties in the 87002.

Median Sales Price i

$245,926

(Feb 2025)

-17%

year-over-year

y-o-y

February '25 Feb '25 $245,926
January '25 Jan '25 $261,959
December '24 Dec '24 $232,331
November '24 Nov '24 $282,556
October '24 Oct '24 $248,563
September '24 Sep '24 $264,719
August '24 Aug '24 $229,543
July '24 Jul '24 $230,728
June '24 Jun '24 $255,550
May '24 May '24 $275,000
April '24 Apr '24 $239,556
March '24 Mar '24 $272,509

Median Down Payment i

$38,250

(Feb 2025)

+91.2%

year-over-year

y-o-y

February '25 Feb '25 $38,250
January '25 Jan '25 $52,859
December '24 Dec '24 $10,399
November '24 Nov '24 $58,126
October '24 Oct '24 $7,267
September '24 Sep '24 $52,138
August '24 Aug '24 $25,000
July '24 Jul '24 $43,563
June '24 Jun '24 $43,990
May '24 May '24 $20,000
April '24 Apr '24 $44,000
March '24 Mar '24 $42,822

Number of Homes Sold i

18

(Feb 2025)

-33.3%

year-over-year

y-o-y

February '25 Feb '25 18
January '25 Jan '25 18
December '24 Dec '24 24
November '24 Nov '24 18
October '24 Oct '24 32
September '24 Sep '24 40
August '24 Aug '24 41
July '24 Jul '24 39
June '24 Jun '24 34
May '24 May '24 35
April '24 Apr '24 45
March '24 Mar '24 42

Number of Purchase Loans i

15

(Feb 2025)

-6.2%

year-over-year

y-o-y

February '25 Feb '25 15
January '25 Jan '25 13
December '24 Dec '24 19
November '24 Nov '24 13
October '24 Oct '24 23
September '24 Sep '24 19
August '24 Aug '24 22
July '24 Jul '24 20
June '24 Jun '24 17
May '24 May '24 20
April '24 Apr '24 32
March '24 Mar '24 22

Number of REFI Loans i

18

(Feb 2025)

+100%

year-over-year

y-o-y

February '25 Feb '25 18
January '25 Jan '25 14
December '24 Dec '24 19
November '24 Nov '24 12
October '24 Oct '24 28
September '24 Sep '24 10
August '24 Aug '24 14
July '24 Jul '24 14
June '24 Jun '24 8
May '24 May '24 11
April '24 Apr '24 12
March '24 Mar '24 18

Number of HELOC Loans i

2

(Feb 2025)

February '25 Feb '25 2
January '25 Jan '25 N/A
December '24 Dec '24 5
November '24 Nov '24 3
October '24 Oct '24 6
September '24 Sep '24 4
August '24 Aug '24 5
July '24 Jul '24 5
June '24 Jun '24 2
May '24 May '24 3
April '24 Apr '24 3
March '24 Mar '24 4

Belen, NM 87002 Real Estate Market Overview

Last 30 days

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Belen, NM 87002 Foreclosure Activity

There were a total of 7 Belen, NM 87002 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

7

(Feb 2025)

+40%

year-over-year

y-o-y

February '25 Feb '25 7
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 1
October '24 Oct '24 4
September '24 Sep '24 1
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 1
May '24 May '24 N/A
April '24 Apr '24 3
March '24 Mar '24 1

Foreclosure Starts i

6

(Feb 2025)

+20%

year-over-year

y-o-y

February '25 Feb '25 6
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 1
October '24 Oct '24 4
September '24 Sep '24 1
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 1
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 1

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 1
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 1
June '24 Jun '24 N/A
May '24 May '24 1
April '24 Apr '24 N/A
March '24 Mar '24 N/A

Nearby Cities

1. Jarales
2. Los Lunas
3. Veguita
4. Tome
5. Torreon
6. Peralta

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