Housing Prices in Socorro County, NM
How much do homes in Socorro County, NM cost?
Median List Price
$197,500
$122/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Socorro County has increased by 2.9% since last year.
Summary: The median home list price in Socorro County was $197,500 in May 2024, up 2.9% from the previous year, and the median price per square foot was $122.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $164.5K | $150K | -8.8% |
| 2 Bedrooms | $145K | $152.5K | +5.2% |
| 3 Bedrooms | $215K | $229K | +6.5% |
| 4 Bedrooms | $230K | $215K | -6.5% |
| 5+ Bedrooms | $225K | $267.5K | +18.9% |
Summary: Socorro County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.8%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 18.9%.
Median List Price Compared To Nearby Counties
| Torrance County | $205K | $237.8K | +16.0% |
| Socorro County | $192K | $197.5K | +2.9% |
| Valencia County | $294.9K | $302.2K | +2.5% |
| Catron County | $230K | $223.5K | -2.8% |
| Sierra County | $275K | $137.5K | -50.0% |
Housing Supply in Socorro County, NM
How many homes are available in Socorro County, NM?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 35 | 32 | -8.6% |
Summary: The Socorro County real estate market had 32 homes for sale in May 2024, a 8.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 18 | 17 | -5.6% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Socorro County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.
Days on Market for Socorro County, NM
How long does it take to sell a home in Socorro County, NM?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 177 Days | 133 Days | -24.8% |
Summary: Homes in Socorro County had an average listing age of 133 days in May 2024, down by 24.8% compared to the previous year.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. 
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.