House Prices

House Prices & Home Values Belen, NM 2026


Average Data

average house price$138,490
average size per house1429 ft²
average price per ft²97 $ / ft²

05/21/2026 - The value range (VR) for house prices in Belen, NM is $116/ sqft to $116/ sqft. An average home with 1429 sqft costs approximately $165,764 to $165,764. Belen, NM includes 1 ZIP codes and it is located in Valencia county. The lowest prices are found in ZIP 87002, while the highest are in ZIP 87002. The average price per sqare feet is $97. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Belen

87002108 $ / ft²




Historical development of home values in Belen

Year Estimated value (USD) Change vs. 2025
2010 $64,317 -53.6%
2011 $61,830 -55.4%
2012 $61,664 -55.5%
2013 $63,968 -53.8%
2014 $67,149 -51.5%
2015 $70,596 -49.0%
2016 $74,280 -46.4%
2017 $78,289 -43.5%
2018 $82,617 -40.3%
2019 $86,448 -37.6%
2020 $90,917 -34.4%
2021 $103,408 -25.3%
2022 $120,551 -13.0%
2023 $127,126 -8.2%
2024 $134,481 -2.9%
2025 $138,490 0.0%

Graph: estimated home values in Belen over time (USD)



Example: 100% financing house in Belen

Loan amount: $138,490

Interest rate: 6.00%

Fixed monthly payment: $830.32

Breakdown in the 1st month:
Interest portion: $692.45  –  Principal portion: $137.87

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $8,263.14 $1,700.67 $136,789.33
2 $8,158.24 $1,805.57 $134,983.76
3 $8,046.88 $1,916.93 $133,066.83
4 $7,928.65 $2,035.16 $131,031.67
5 $7,803.12 $2,160.69 $128,870.98
6 $7,669.86 $2,293.95 $126,577.03
7 $7,528.37 $2,435.44 $124,141.59
8 $7,378.16 $2,585.65 $121,555.93
9 $7,218.68 $2,745.13 $118,810.80
10 $7,049.37 $2,914.44 $115,896.36
11 $6,869.61 $3,094.20 $112,802.16
12 $6,678.77 $3,285.04 $109,517.12
13 $6,476.15 $3,487.66 $106,029.46
14 $6,261.04 $3,702.77 $102,326.69
15 $6,032.66 $3,931.15 $98,395.54
16 $5,790.20 $4,173.61 $94,221.93
17 $5,532.78 $4,431.03 $89,790.90
18 $5,259.48 $4,704.33 $85,086.57
19 $4,969.33 $4,994.48 $80,092.10
20 $4,661.28 $5,302.53 $74,789.57
21 $4,334.23 $5,629.58 $69,159.99
22 $3,987.01 $5,976.80 $63,183.19
23 $3,618.38 $6,345.43 $56,837.76
24 $3,227.01 $6,736.80 $50,100.96
25 $2,811.49 $7,152.32 $42,948.64
26 $2,370.35 $7,593.46 $35,355.18
27 $1,902.01 $8,061.80 $27,293.38
28 $1,404.77 $8,559.04 $18,734.34
29 $876.87 $9,086.94 $9,647.40
30 $316.41 $9,647.40 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Belen, NM


1500 sqft3900 sqft
Ø selling price$176,055$374,518
Ø fast selling$160,050$337,066
Ø high price sale$192,061$411,969

In 2026, houses in Belen, NM will be offered at an average price of $97 per square foot. A 1,500 sqft home priced at $176,055 is 21.28% more expensive per square foot than a 3,900 sqft home priced at $374,518. Home prices in Belen, NM vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $259,282. Sellers who can wait longer may achieve a higher price of up to $316,899.


Discover Belen, New Mexico

Location and Character

Belen, NM is a welcoming small city in Valencia County along the Rio Grande, about 35 miles south of Albuquerque.
Known as The Hub City, Belen grew around a major BNSF Railway yard and remains a vital transportation crossroads in central New Mexico.
Travelers and residents alike appreciate Belen?s sunny high-desert climate, mountain views, and relaxed Southwestern vibe.

Attractions and Outdoors

History buffs enjoy the Belen Harvey House Museum, which preserves the town?s railroad heritage in a beautifully restored building.
Top things to do in Belen, NM include exploring the walkable downtown and arts district with local galleries, murals, and classic New Mexican architecture along Main Street.
Nearby, the Rio Grande bosque, Whitfield Wildlife Conservation Area, and city parks offer birding, biking, and family-friendly trails.

Living and Economy

Cost of living is generally lower than larger metro areas, while local employers and small businesses support a steady regional economy.
With quality schools, community services, and distinct neighborhoods, Belen New Mexico provides a comfortable base for commuters and remote workers.

Transportation and Events

Belen is easily reached via I?25 and the Rail Runner Express commuter rail, which connects the city to Albuquerque and Santa Fe.
Annual events like the Rio Abajo Festival, car shows, and seasonal markets fill the calendar and highlight Belen?s rich culture and community spirit.



FAQ – Home Values in Belen

What is the median home value in Belen in 2026?

In 2026, the typical home value in Belen is about $138,490 for an average home size of 1429 square feet. This corresponds to an average price of roughly $97 per square foot.

What is the average cost per square foot in Belen?

In 2026, homes in Belen sell for an average of around $97 per square foot, with a typical range between $116 and $116 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Belen is about 1429 square feet, with an estimated 2026 value around $138,490.



Locations close to Belen, NM

Bernalillo, NM130 $ / ft²
Bluewater, NM176 $ / ft²
Bosque, NM142 $ / ft²
Algodones, NM168 $ / ft²
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