Belen, NM Real Estate
According to census data in the year 2000 there were 2,845 housing units in Belen.
This represents a 8.5% growth from 2,622 in 1990.
Of those housing units, 2,826 were located in either urbanized areas or urban clusters, and 19 were located in what is classified as a rural area.
Homeownership rate in Belen is about 71.5%.
Belen's vacancy rate, including seasonal lodging, is about 11.3%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in Belen were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.50% |
| One Bedroom | 15% |
| Two Bedrooms | 35.80% |
| Three Bedrooms | 38.90% |
| Four Bedrooms | 7.20% |
| Five Bedrooms or more | 0.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $81,700 |
| Median Price asked for vacant units | $70,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.29 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $379 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.40% |
| Home Equity Loan | 0% |
| Simple Mortgage | 50% |
| Debt Free | 40.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.1% |
