Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Albuquerque, New Mexico did compared to the state as a whole.

The Albuquerque, New Mexico MSA property value change was + 12.40% (+ 2.07% yearly).

All of the property in NM averaged + 16.61% change in value (+ 2.77% yearly).

Albuquerque-NM

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1999-2002 Quarterly Detailed Appreciation


If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Belen, New Mexico click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Albuquerque, New Mexico.

If you were going to do a Belen, New Mexico Refinance, or Belen, New Mexico Reverse Mortgages, you could estimate your home value.

If you knew your Belen, New Mexico home was worth $99,000.00 in 1997, you could multiply by + 12.40%, add the gain and see the home should be worth $111,278.13 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albuquerque-NM from 1997 to 2002:
+ 2.07%

Appreciation Comparisons

The top 5 performing MSAs from 1997 to 2002 were Barnstable-Town-MA, Santa-Cruz-Watsonville-CA, Napa-CA, San-Luis-Obispo-Paso-Robles-CA, and San-Diego-Carlsbad-San-Marcos-CA .

  1. Barnstable-Town-MA increased +105.37% from 1997 to the end of 2002
  2. Santa-Cruz-Watsonville-CA increased + 99.39% from 1997 to the end of 2002
  3. Napa-CA increased + 99.10% from 1997 to the end of 2002
  4. San-Luis-Obispo-Paso-Robles-CA increased + 95.06% from 1997 to the end of 2002
  5. San-Diego-Carlsbad-San-Marcos-CA increased + 93.97% from 1997 to the end of 2002

Zip Code in MSA: 87002 - BELEN, NM

MSA Pop: 764869
Zip Pop: 20673
Avg Value: 87100
County: VALENCIA
Elev: 4841
Region: West
Lat: 34.655093
Long: -106.761577