The median home in Socorro, New Mexico is valued at $188,530, up 4.3% year over year.
Home Value$188,530
+4.3%
AFFORDABILITY6.50% 30yr, 20% down, county tax + NM ins. 28% per HUD.
Enter your income for Socorro.
$37,706 on $188,530
Affordable — 19.4% of income
Under the 28% guideline.
PITI$1,212
P/I19.4%
Afford$272K
Room+$84K
P&I $953Tax $126Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in New Mexico
Compare Socorro with other housing markets across New Mexico.