Garcia Opera House · Photo: TDBurleigh · CC BY-SA 3.036 homes sold in Socorro in the last year, at a typical $197K
Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Socorro homes are listed.
Every place Socorro homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Socorro.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 0% of Socorro’s sales, at a typical — (year to May 2026)
36 homes sold in the year to September 2026.
Fewer homes sell than before 2022, at 1.7 times the 2016 price
36 sales in the last year, against 71 in 2021 and a low of 33 in 2014. The typical sale went from $118K in 2016 to $197K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
Bidding wars in Socorro are back to pre-pandemic levels, with about as many homes for sale
We read every month of Socorro’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 36 sales.
If you’re buying in Socorro
- Shop in July. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (9% over asking).
- Offer under asking. Buyers paid 96% of the list price on average; 4% paid over.
- You’ll usually have time. Only 16% of homes go under contract within two weeks; the typical one takes 62 days.
Summer brings both the most homes and the most bidding wars
August has the most new listings (about 5 a month), and the most competition: 12% close over asking. June and July offer nearly as much choice with fewer homes bid up (10%). February has the least competition (2%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like New Mexico as a whole
| Socorro now | 2017–19 | 2021 peak | NM now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 4% | 5% | 13% | 7% |
| Gone within two weeksShare of homes under contract within 14 days | 16% | 1% | 31% | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 96% | 93.2% | 96.5% | 97.8% |
| Days to sellMedian days from listing to contract | 62 | 137 | 59 | 62 |
25 homes for sale on a typical day
That’s 24.9 times the 2013 low (1) and about the 2017–19 level.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Socorro home costs about $1,152 a month
Price: Socorro’s typical sale, last 12 months. Property tax at Socorro’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Socorro is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in August
The month with the most choice. December has the fewest, about 3.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $197K home, about $1,490 a year.
Taxes vs. neighborsSchools
The schools grade for Socorro, from test results, graduation and how much students grow.
Schools in SocorroCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Post your home to Socorro, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Socorro. People who follow the town see it, and so do people comparing Socorro with their own town. No commission, no listing fee.
Questions about buying a home in Socorro
What do homes sell for in Socorro, NM?
36 homes sold in the year to September 2026 at a typical $197K, $143 a square foot.
Is Socorro a buyer’s or seller’s market?
A buyer’s market: 31 homes were for sale in September 2026 and 4 sold, about 7.8 months of supply. Buyers paid 96% of asking on average.
When is the best time to buy in Socorro?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Socorro?
About 0.8% of a home’s value a year. On a $197K home that’s near $1,490.
Where can I see homes for sale in Socorro?
Zillow, Redfin, Realtor.com and Homes.com all carry Socorro’s MLS listings; the search links above open each one filtered to Socorro.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).