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Socorro, NM Home Values and Rents
The typical home value in Socorro is $194,806, 99th highest of 150 cities and towns in New Mexico. Median rent is $711 a month.
- Typical home value
- $194,806
- 99th of 150 in NM
- Median rent
- $711/mo
- ACS 2020-2024
- Price change, 1 year
- +3.4%
- Sep 2026
- Homeownership
- 57.3%
- NM: 70.0%
Typical home value in Socorro
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Socorro |
|---|---|
| Sep 2026 | $194,806 |
| Dec 2025 | $190,816 |
| Dec 2024 | $184,919 |
| Dec 2023 | $185,442 |
| Dec 2022 | $194,147 |
| Dec 2021 | $186,485 |
| Dec 2020 | $169,188 |
| Dec 2019 | $153,289 |
| Dec 2018 | $166,152 |
| Dec 2017 | $149,582 |
| Dec 2016 | $161,986 |
| Dec 2015 | $157,972 |
| Dec 2014 | $155,677 |
| Dec 2013 | $157,245 |
| Dec 2012 | $154,298 |
Over five years, Socorro prices changed +7.0%.
Source: Zillow Research · Last updated 09/01/2026
Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
Swipe the table sideways to see more columns.
| # | ZIP code | Median value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | 87801 | $165,400 | $715 | -13.2% | +42.3% |
Frequently asked questions
- What is the typical home value in Socorro, NM?
- The typical home value in Socorro is $194,806 (Zillow Home Value Index, Sep 2026). The New Mexico median is $248,100.
- How much is rent in Socorro?
- The median rent in Socorro is $711 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,014.
- Are home prices going up in Socorro?
- The typical home value in Socorro changed +3.4% over one year and +7.0% over five years, as of Sep 2026.
- How does Socorro compare with the rest of New Mexico?
- Socorro has the 99th highest median home value of 150 cities and towns with 1,000+ residents in New Mexico.
- Which ZIP code in Socorro has the highest home values?
- ZIP code 87801 has the highest median home value at $165,400.