Housing in Socorro, NM
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$188,530
Socorro vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Socorro is highlighted.
Median Home Value
45th%ilemost expensive$162,400show rank
Median Rent
14th%ilemost expensive rent$675show rank
Rent Burden
29th%ilehighest rent burden15.8%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$162,400
Median Rent
$675
Total Housing Units
3,679
Vacancy Rate
27.1%
Owner Occupied
60.0%
Renter Occupied
40.0%
Median Property Tax
$1,206
per year
Monthly Cost (w/ Mortgage)
$545
Housing Types
Single Family52.1%
Multi-Family18.9%
Mobile Home29.0%
The median home value in Socorro, NM is $162,400. According to Zillow, the home value index for Socorro is $188,530. The median rent is $675 per month (Census ACS). About 60.0% of housing units are owner-occupied. The median year homes were built is 1979. There are 3,679 total housing units.