The Unshakable Investor

Unshakable ZIP Data 87002 | Belen, NM Housing Market

Belen · Valencia County · Albuquerque, NM metro · New Mexico · Data updated June 19, 2026

The median sale price in ZIP 87002, Belen, New Mexico is $285,915 at $179 per square foot. 75 single-family homes sold in the latest period, up 27.4 percent from a year earlier. Homes sit a median of 83 days on market with 2.0 months of supply. Sellers are getting 98.4 percent of list price and 16.4 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$271,318
Average price per sq ft$170
Median sale price$285,915
Median sale price per sq ft$179
Median home size1,594 sq ft
Median new listing price$315,206+6.8%
National size rank5,865

Sales activity

MetricValueYear over year
Homes sold75+27.4%
Median days on market83 days
Months of supply2.0 months
New listings56-29.3%
Active listings125-1.9%
Pending sales79+21.6%

Pricing power

MetricValueYear over year
Average sale-to-list ratio98.4%+0.6 pts
Share sold above list16.4%-3.9 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$206,211
3-bedroom
$277,464
4-bedroom
$334,536

These figures describe the single-family market for Belen, New Mexico ZIP 87002. They are market context, not a substitute for sold comps or a formal appraisal.