The median home in Socorro, New Mexico is valued at $188,530, up 4.3% year over year.

Home Value$188,530

+4.3%

Prices rising — worse for buyers.

Affordability

Enter your income for Socorro.

Income (annual)

Down Payment

$37,706 on $188,530

Example: $75,000 household income. Change it above to see your own.

Affordable19.4% of income

Under the 28% guideline.

PITI$1,212

P/I19.4%

Afford$272K

Room+$84K

P&I $953Tax $126Ins $133

6.50% 30yr, 20% down, county tax + NM ins. 28% per HUD.

Other cities in New Mexico

Compare Socorro with other housing markets across New Mexico.

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Socorro, NM