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Housing in Belen, New Mexico

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Housing - Updated September, 2011
HousingBelen, NMUnited States
Median Home Age36.235.1
Median Home Cost$96,300$175,100
Home Appreciation-4.13%-3.15%
Homes Owned57.12%59.90%
Housing Vacant9.73%10.37%
Homes Rented33.15%29.73%
Property Tax Rate$5.48$11.20
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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Less Than $20,0006.51%2.65%
$20,000 to $39,9994.24%3.76%
$40,000 to $59,9998.84%4.99%
$60,000 to $79,99911.34%6.01%
$80,000 to $99,99921.05%7.27%
$100,000 to $149,99933.31%19.24%
$150,000 to $199,9996.86%14.67%
$200,000 to $299,9995.47%18.09%
$300,000 to $399,9991.28%9.14%
$400,000 to $499,9990.29%4.94%
$500,000 to $749,9990.47%5.42%
$750,000 to $999,9990.12%2.03%
$1,000,000 or more0.23%1.77%
HOUSING UNITS BY YEAR STRUCTURE BUILT
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1999 to 20052.72%13.71%
1995 to 19989.65%8.54%
1990 to 19946.09%5.77%
1980 to 198919.50%13.87%
1970 to 197918.93%16.17%
1960 to 196914.31%11.70%
1950 to 195913.75%11.08%
1940 to 19497.51%6.02%
1939 or Earlier7.54%13.15%

The median home value in Belen, NM, is $96,300. Home appreciation is -4.13% over the last year. The median age of Belen, NM, real estate is 36 years.

Belen, NM Apartments and Rentals

Renters make up 33.15% of the Belen, NM, population. 9.73% of houses and apartments in Belen, NM, are unoccupied (vacancy rate).


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