87002
Belen, New Mexico.
Belen, Valencia County, NM · Albuquerque, NM metro · population 21,265
to buy the typical home at today's mortgage rate — +$853 (+152%) since Jan 2020.
- 1 year
- Up $6,791 +3%
- $262,598$269,389 since Sep 2025
- 5 years
- Up $64,596 +32%
- $204,794$269,389 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.
- 87002$1,414
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in zip 87002 rose 2.6% over the past year — faster than the nation's +1.2%.
This zip spans 2 counties: Valencia County, NM 100% · Socorro County, NM 0%
Zillow also publishes an index for the city itself: Belen, NM — measured over the city limits, which is a different area from this zip.
Asking rent — 87002
Against the Albuquerque, NM metro and the national benchmark.
- 87002$1,425
- Albuquerque$1,490
- United States$1,932
Typical home value — 87002
Mid-tier homes, smoothed and seasonally adjusted.
- 87002$269,389
- Albuquerque$348,674
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 11.4 | 87031 | Los Lunas | 47,514 | $2,040 | $330,491 |
| 15.4 | 87042 | Peralta | 3,410 | — | $406,669 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.