Belen, New Mexico.
Typical home $271,920 (+2.3% in a year). Albuquerque, NM metro.
to buy the typical home at today's mortgage rate — +$820 (+135%) since Jan 2020.
- 1 year
- Up $6,206 +2%
- $265,714$271,920 since Sep 2025
- 5 years
- Up $50,251 +23%
- $221,669$271,920 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Belen$1,427
- New Mexico$1,658
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 17 years.
Typical home values in Belen, NM rose 2.3% over the past year — faster than the nation's +1.2%.
Living in Belen, Valencia County, New Mexico
Belen is a city of 7,360 people in Valencia County. Half its households earn more than $42,627 a year and half less, against $58,933 across Valencia County; 31% of its people live below the poverty line. 73% of its homes are lived in by their owners and 27% are rented. Unemployment in Valencia County was 5.5% in August 2026, and the county had 2.4% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Belen is a small city in Valencia County, with a typical age a little above the national middle and most homes lived in by their owners. Household incomes run well below the county's, and a good many residents live below the poverty line. Fewer adults hold a four-year degree than you might find in larger New Mexico cities.
Work. Residents work mostly in schools, hospitals and social care, in shops, in the building trades and in government. Belen Schools and Belen Meadows Healthcare and Rehabilitation Center are among the largest workplaces in town. The commute is a moderate one, and few people work from home.
Things to do. El Cerro Tome Site, an archaeological site, is a short drive away. A longer drive brings you to Petroglyph National Monument, another archaeological site, and to the Albuquerque Museum. Rio Grande Nature Center State Park, a protected area, is also a longer drive from town.
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- 2,757households
- 14%of adults have a degree
- 31%below the poverty line
- 26 mintypical commute
- 7%work from home
What residents work in
Employed residents by industry, from the Census survey. Valencia County had 17,864 jobs in 2025, 2.4% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 50° and lows near 20°; warmest in July, with highs near 93° and lows near 62°. About 5 inches of snow and 9 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Los Lunas Ssw weather station, 3 miles away (NOAA).
Largest workplaces in Belen
- Belen SchoolsSchool district440FTE
- Belen Meadows Healthcare and Rehabilitation CenterSkilled nursing facilities85
- BelenMail and parcel delivery23
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 2 workplaces with 20 or more staff, 108 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- LightningVery high
- Inland floodingVery high
- Winter weatherRelatively high
- WildfireRelatively moderate
- EarthquakesRelatively moderate
- HailRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Belen’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Valencia County and the Albuquerque, NM metro.
Belen home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Belen$271,920
- New Mexico$315,812
- United States$366,157
Sellers are cutting prices on about 1 in 5 Belen listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Belen20.54%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Belen43
New listings per month
Sellers arriving at the market.
- Belen13
Zip codes with a Belen address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Belen — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.