Market Summary

Belen, Valencia County, NM

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Median Home Price Price

$253,302 $253.3K

Median Monthly Rent Rent

$1,140 $1.1K

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Valencia County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within NM outside of Valencia County

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Home prices

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Monthly rent

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GRM

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Similar markets outside of NM

Region Price Rent GRM Display
$314,315 $1,282 20.0x
$161,410 $1,190 11.0x
$406,798 $1,094 31.0x
$202,381 $995 17.0x
$442,288 $2,151 17.0x
$198,559 $1,090 15.0x
$243,478 $1,255 16.0x
$205,116 $1,006 17.0x
$285,186 $1,200 20.0x
$309,618 $1,905 14.0x
$339,332 $1,045 27.0x
$221,883 $1,293 14.0x
$464,751 $1,143 33.0x
$271,902 $1,431 16.0x
$200,105 $1,082 15.0x
$178,932 $1,071 14.0x
$315,124 $1,332 20.0x
$251,979 $1,280 16.0x
$275,762 $1,050 22.0x
$224,157 $1,286 14.0x
$211,052 $869 20.0x
$275,445 $1,108 21.0x
$200,276 $934 18.0x
$314,754 $1,340 19.0x
$233,514 $1,104 18.0x
$207,755 $1,110 16.0x
$330,013 $1,170 24.0x
$192,425 $1,066 15.0x
$415,669 $1,522 23.0x
$323,191 $1,343 20.0x
$406,853 $1,134 30.0x
$440,272 $1,139 32.0x
$289,759 $1,272 19.0x
$244,354 $1,200 17.0x
$113,305 $891 11.0x
$237,234 $1,230 16.0x
$300,654 $1,312 19.0x
$225,446 $1,138 16.0x
$226,217 $1,017 19.0x
$454,454 $1,891 20.0x
$227,866 $1,069 18.0x
$284,123 $1,447 16.0x
$419,651 $1,017 34.0x
$213,195 $1,124 16.0x
$218,823 $1,037 17.0x
$316,466 $1,350 20.0x
$172,382 $1,227 12.0x

Home prices

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Monthly rent

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GRM

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Belen

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Trend Insights

Median Rent in Belen, NM is $1,140, with MoM change +$11 and YoY change +$71 pointing to positive momentum while volatility is low (std $17).

Benchmark Markets Side by Side

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Metric
Base market Belen, NM
Compare market Select a market
Delta vs base
Median rent
$1,140
N/A
Median price
$253,302
N/A
YoY change
+$71
N/A
Price-to-rent
18.5x
Data unavailable
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