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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 Type2.50%
One Bedroom15%
Two Bedrooms35.80%
Three Bedrooms38.90%
Four Bedrooms7.20%
Five Bedrooms or more0.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1970
Median Value of occupied units$81,700
Median Price asked for vacant units$70,700

Rented Homes, Apartments and Condos

Average Household Size2.29
Median year structure was built1974
Median Monthly Rent asked for vacant units$379

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.40%
Home Equity Loan0%
Simple Mortgage50%
Debt Free40.60%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs19.1%