Over the last 12 months, 76 homes sold in Belen (Belen, NM) at a median price of $240,000. Of those closings, 51% sold under asking, 37% at asking and 12% over asking — based on SWMLS MLS closed-sale data through October 11, 2026. Homes went under contract in a median of 28 days in this window.

Belen Market Snapshot — subdivision-level data

MetricValue
Geographic binBelen, NM — subdivision/neighborhood level
Data source board(s)SWMLS
Homes sold, last 12 months76
Median sale price, last 12 months$240,000
Median sold $/sqft, last 12 months$157/sqft
Sold under / at / over asking (final list, 12 mo)51% / 37% / 12%
% of final asking price received (median, 12 mo)99.1%
Median days on market, sold homes (12 mo)28 days
Homes sold, last 90 days14
Active listings (inventory)17
Median active list price$265,000
Pending sales15

Sales by Price Band (last 12 months)

Price bandClosed sales
Under $400K69 sales (91%)
$400K–$700K6 sales (8%)
$700K–$1M1 sales (1%)
$1M–$2M0 sales (0%)
Over $2M0 sales (0%)

Frequently Asked Questions

Are homes selling over or under asking price in Belen, NM?

Over the trailing 12 months in Belen (SWMLS MLS data, closed-sale data), 51% sold under asking, 37% at asking and 12% over asking on final list price, among 76 closed sales. Data through October 11, 2026; New Mexico is a non-disclosure state, so only aggregate closed-sale statistics are published, never individual sale prices.

How fast do homes sell in Belen, NM?

Homes that closed in Belen over the last 12 months went under contract in a median of 28 days (SWMLS MLS data).

Do sellers get full price in Belen, NM?

Among 76 homes that closed in Belen over the last 12 months (SWMLS MLS data), 12% sold over asking (while 51% sold under) on final list price. Sellers' median result was 99.1% of final asking price.

What price range sells most in Belen, NM?

Of the 76 homes that closed in Belen over the last 12 months, the Under $400K price band led with 69 sales (91%) of closed sales (SWMLS MLS data, trailing 12 months).

Related Market Reports


Data source & methodology: Closed-sale and active-listing statistics computed from board-direct SWMLS MLS records for Belen, New Mexico, subdivision/neighborhood-level geographic bin (SWMLS `mls_area` proxy — flexmls does not yet expose a subdivision field for Albuquerque-metro records), snapshot October 11, 2026. New Mexico is a non-disclosure state: only aggregate sold statistics (medians, counts, ratios, days on market) are published here — never an individual sale price. Statistics below a floor of 20 sold records in the trailing 12-month window, or under 5% of subdivision inventory, are suppressed rather than estimated (this subdivision cleared that floor). This subdivision is on the SWMLS/flexmls (Albuquerque-metro) board, which does not expose an Original List Price field in the data grid, so the headline pricing metric here is the under/at/over-final-asking-price split rather than percent of original asking price. Prepared by Matthew Scarborough — Scarborough Realty Group, Keller Williams Santa Fe.