Belen Housing Market Report February 2025•Valencia County, New Mexico

Housing Prices in Belen, NM

How much do homes in Belen, NM cost?

Housing Market Conditions

Is Belen, NM a buyer’s or seller’s market?

Seller'sMarket

Buyer'sMarket

Belen is a Buyer's Market

Difference Since February 2024

At the same time last year, Belen was a Seller's Market.

Insight

Belen is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

$275,900$179/SqFt

+$6,900

+2.6%

Based on all homes sold in the last 12 months

Insight

Homes in Belen have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Belen was $275,900 in February 2025, up 2.6% from last year, and the median price per square foot was $179.

Median Sold Price By Bedrooms

Beds	Feb 2024	Feb 2025	Change YoY
11 Bedroom	$160K	$350K	+118.8%
22 Bedrooms	$198.5K	$175.5K	-11.6%
33 Bedrooms	$262.9K	$275.9K	+4.9%
44 Bedrooms	$320K	$295.2K	-7.7%
55+ Bedrooms	$336.9K	$343K	+1.8%

Summary: Belen housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +118.8%. The home price for 2 bedroom homes decreased by -11.6%. The home price for 3 bedroom homes increased by +4.9%. The home price for 4 bedroom homes decreased by -7.7%. The home price for 5 bedroom homes increased by +1.8%.

How does Belen, NM compare with other places?

Market comparison tool

What would you like to compare?

Home Type

Bedrooms

Data and numbers shown are subject to change and may vary based on different timeframes.

Belen, NM

Housing supply in Belen, NM

How many homes are available in Belen, NM?

Number of Homes For Sale

Last Month	2 months ago	Change MoM
53Last MonthFeb 2025
572 months agoJan 2025	-7.0 % Change MoMJan – Feb

Summary: The Belen real estate market had 53 homes for sale in Feb 2025, a 7.0 % decrease compared to Jan 2025.

Number of Homes Sold

Last Month	2 months ago	Change MoM
7Last MonthFeb 2025
102 months agoJan 2025	-30.0 % Change MoMJan – Feb

Homes For Sale By Bedroom Count

Beds	Jan 2025	Feb 2025	Change MoM
11 Bedroom	2	2	0.0%
22 Bedrooms	8	6	-25.0%
33 Bedrooms	35	33	-5.7%
44 Bedrooms	9	9	0.0%
55+ Bedrooms	3	3	0.0%

Summary: Belen housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -25.0%. The inventory for 3 bedroom homes decreased by -5.7%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Belen, NM cost?

Over Asking Price2 Homes

At Asking Price1 Home

Under Asking Price4 Homes

Insight

If you're buying a home in Belen, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Belen in February 2025, down by 30.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and and 29% were sold over asking.

Days on Market for Belen, NM

How long does it take to sell a home in Belen, NM?

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days3 Homes

Over 90 Days1 Home

Insight

Many homes in Belen are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 7 homes were sold in Belen; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Average Sale Time

This Year	1 year ago	Change YoY
58 DaysThis YearFeb 2025
76 Days1 year agoFeb 2024	-23.1 % Change YoYFeb 2024 – Feb 2025

Summary: Homes in Belen had an average listing age of 58 days in Feb 2025, down by 23.1% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Belen, NM

What homes are available in Belen, NM?

See More Listings

W Mora Dr, Rio Communities NM, 87002 land for sale

1 day on Rocket

$75,000

Land • 40 Acres

W Mora Dr, Rio Communities NM 87002

#1079832, Loren Phillip Vargas, Listing Office: Double Eagle Real Estate

view of front facade with stucco siding, concrete driveway, an attached garage, and a shingled roof

view of front facade featuring stucco siding, fence, concrete driveway, an attached garage, and a shingled roof

ranch-style house with stucco siding, roof with shingles, and fence

1 day on Rocket

$3,705 Closing Credit¹

$312,000

4 beds • 2 baths • 1,881 sqft

2425 Desi Loop, Belen NM 87002

#1079544, Jeremy Navarro Realty Group, Listing Office: Keller Williams Realty

view of front of home with stucco siding, driveway, an attached garage, and fence

view of front facade with stucco siding, an attached garage, concrete driveway, and fence

view of front of home featuring fence and stucco siding

2 days on Rocket

$3,491 Closing Credit¹

$294,000

3 beds • 2 baths • 1,145 sqft

1901 Letizia Ln, Belen NM 87002

#1079748, Medina Real Estate Inc, Listing Office: Keller Williams Realty

back of property featuring stucco siding and a mountain view

rear view of house featuring stucco siding and a lawn

back of property featuring a gazebo, fence, driveway, and stucco siding

2 days on Rocket3D tour

$10,000 Closing Credit¹

$979,000

3 beds • 4 baths • 4,560 sqft

116 Padilla Rd, Belen NM 87002

#1079836, Jessica C Rasband, Listing Office: Realty One of New Mexico

ranch-style home with concrete driveway, an attached garage, and stucco siding

living area with ceiling fan, visible vents, and light colored carpet

unfurnished living room featuring visible vents, carpet flooring, ceiling fan, a textured ceiling, and baseboards

7 days on Rocket

$3,503 Closing Credit¹

$295,000

3 beds • 2 baths • 1,436 sqft

2334 Isabella Ln, Belen NM 87002

#1079466, James Chavez, Listing Office: Fathom Realty

13 Stella Ct, Belen NM, 87002 land for sale

Listing photo 2 for 13 Stella Ct, Belen NM 87002

Listing photo 3 for 13 Stella Ct, Belen NM 87002

7 days on Rocket

$79,900

Land • 0.76 Acres

13 Stella Ct, Belen NM 87002

#1079592, Bricena K Aragon, Listing Office: Keller Williams Realty

view of front of house with an attached garage, fence, and stucco siding

view of front of house featuring a garage, driveway, a gate, fence, and stucco siding

entryway with light wood-type flooring, visible vents, a textured ceiling, and baseboards

$2,084 Closing Credit¹

$175,500

2 beds • 1 bath • 1,077 sqft

1614 Jude Ct, Belen NM 87002

#1079511, Amy D Riley, Listing Office: Real Broker

ranch-style house with driveway, an attached garage, roof with shingles, and stucco siding

kitchen with dark brown cabinetry, visible vents, stainless steel appliances, light wood-type flooring, and a sink

kitchen with a peninsula, dark brown cabinetry, appliances with stainless steel finishes, and light stone counters

$3,502 Closing Credit¹

$294,900

3 beds • 2 baths • 1,362 sqft

2614 Desi Loop, Belen NM 87002

#1078695, Tracy A Norton, Listing Office: LGI Homes

ranch-style home with fence and a carport

$2,316 Closing Credit¹

$195,000

3 beds • 1 bath • 1,706 sqft

722 Vivian Rd, Belen NM 87002

#1078752, Chris J Cantrell, Listing Office: MORE Realty, Inc

view of front of home featuring a garage, fence, and concrete driveway

view of front of house featuring a fenced front yard, concrete driveway, a carport, and a gate

doorway to property with fence and stucco siding

$3,028 Closing Credit¹

$255,000

3 beds • 1 bath • 1,736 sqft

305 Rosedale Cir, Belen NM 87002

#1078812, The Chavez Team, Listing Office: Keller Williams Realty

14 Ursula Dr, Belen NM, 87002 land for sale

Listing photo 2 for 14 Ursula Dr, Belen NM 87002

Listing photo 3 for 14 Ursula Dr, Belen NM 87002

$55,000

Land • 0.97 Acres

14 Ursula Dr, Belen NM 87002

#1076913, Julie A Pluemer, Listing Office: Bosque Properties

ranch-style house with concrete driveway, an attached garage, and stucco siding

single story home featuring a garage, concrete driveway, and stucco siding

ranch-style home featuring a garage, concrete driveway, and stucco siding

$3,444 Closing Credit¹

$290,000

3 beds • 1 bath • 1,436 sqft

2318 Isabella Ln, Belen NM 87002

#1078612, Vertical Real Estate, Listing Office: Keller Williams Realty

Nearby markets

Nearby markets aren't available for Belen, NM

Popular Cities with Homes for Sale in New Mexico

MLS Disclaimers and Copyright

Based on information from Southwest Multiple Listing Service, and California Regional MLS for the period 03/01/2023 - 03/01/2025

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.