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Foreclosure Homes in Belen, NM

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Belen, NM Foreclosures

How much do homes sell for in Belen, NM?
The average home price is currently $241,529.
In Belen, NM, how many homes are available?
There are currently 47 active home listings available in Belen.
What’s the average rental cost in Belen, NM?
The average rental price in Belen is $973.
What is the most expensive home in Belen?
The most expensive home sold in Belen had a price of $2,683,213.
What is currently the cheapest priced home in Belen, NM?
The cheapest home for sale in Belen is priced at $15,200.

Living in Belen, NM

Belen, NM is a peaceful town known for its friendly community and attractive small-town lifestyle. With a combination of beautiful parks and vibrant local culture, it’s an ideal spot for families and individuals alike. Enjoy the benefits of suburban living while being just a short drive from Albuquerque.

Current Market Conditions in Belen, NM

The real estate market in Belen has been experiencing a steady increase over the last few months, with prices gradually rising due to the town's growing popularity. Homes are selling faster as buyers recognize the affordability compared to nearby metropolitan areas.

There is a notable interest among homebuyers seeking single-family residences, with many opting for properties that offer more land and a connection to nature. Sellers are encouraged by the positive market indicators and are pricing their homes competitively.

Home Value Estimator For Belen, NM

There are currently 7,690 real estate properties in Belen, NM, with a median automated valuation model (AVM) price of $228,656.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Belen, NM, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Belen, NM, is $241,529.00, with the most expensive house in Belen, NM, topping out at $2,683,213.00 and the cheapest home in Belen, NM, clocking in at $15,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Belen, NM!

Rent Prices In Belen, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Belen, NM, is on a rollercoaster ride. The average rent price in Belen, NM, is $973.00. Indeed, when looking to rent in Belen, NM, you can expect to pay as little as $510.00 or as much as $2,220.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Belen, NM -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Belen, NM Foreclosures


Market Trend for Belen, NM

Total Listings Available: 47

Market Values:

Home Prices from $15,200 to $2,683,213

Average Sales Price: $241,529

Rental Values:

Rental from $510 to $2,220

Average Rent Value: $973 / month

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