City

SOCORRO, NM

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

Home Value$188,530
+4.3%
AFFORDABILITY

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
6.50% 30yr, 20% down, county tax + NM ins. 28% per HUD.
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in New Mexico

Compare Socorro with other housing markets across New Mexico.