87002 Home Values & Market Trends
There are 361 homes currently listed for 87002. 87002 real estate market trends show that home prices range from $10,000 to $940,000, and the median sales price in the 87002 zip code is $265,000. The total number of properties sold within the past twelve months is 300. In 87002, 19 properties are in foreclosure, 2 are bank owned properties,and 5 are headed for auction.
87002 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Belen | $ 263,908 $ 145/sqft |
Housing Market Summary for 87002
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $265K | $262.5K | -0.94% |
| Median Sold Price | $263.1K | $231.5K | -12.00% |
| Homes For Sale | 241 | 358 | 48.55% |
| Homes Sold | 144 | 174 | 20.83% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 87002
Browse Homes in 87002
The median list price of a home in Belen, is $265,000. A total of 361 properties are for sale, and the percentage of properties for sale in the zip code is 361.00%. The total count of 87002 properties is 573.
- Pre-ForeclosurePre-foreclosure homes account for 2.09% of all residential properties in 87002 with belen containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 87002; of that cities, the estimated home value for pre-foreclosure homes ranges from $334,864 in belen to the lowest home value of $158,142 in belen.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 87002 ranges from the highest value of $313,246 in belen to the lowest value of $313,246 in belen. Bank owned homes and properties account for 0.35% of properties in 87002. There is 1 cities within 87002; belen containing 2 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsbelen has 4 auction properties, the highest number of properties going to auction in a single city in the state of 87002. Auction homes and other auction properties account for 0.87% of all properties in 87002. There is 1 cities within 87002; of that cities, the median estimated home value for homes going to auction ranges from $493,584 in belen to the lowest value of $180,818 in belen.
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More Real Estate Resources for 87002
Guide for 87002
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
