Socorro Real Estate Market
The median mortgage debt is $52,859.
Socorro, NM Price Trends - Sold vs. Listed
The median list price in May for single family homes in Socorro is $154,500. The list prices dropped by -0.32% from the previous month.
The price per square foot for listings in this area is $97.
Socorro, NM Market Inventory Trends
The number of active listings in Socorro increased by 11.5% from the previous month.
The median number of days active properties have been listed is 180. This is much longer than the national average.
Socorro, NM Property Ownership
The percent of owner occupied properties in Socorro is 10.79% below the national average.
The percent of rental properties in Socorro is 14.76% above the national average which is typical for urban areas.
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