Socorro, TX Housing

The housing market in Socorro, TX is a thriving one. The median value of homes in the area is $169,100, which is significantly lower than the national median of $338,100. The 1 year appreciation rate for homes in Socorro, TX is 18.44%, compared to the US average of 8.27%. This indicates that homes in Socorro are appreciating faster than their counterparts nationally, making them a great investment opportunity. With an increase in demand and value set to continue into the future, Socorro presents a strong option for those looking to buy or invest in real estate.

The median home cost in Socorro is $169,100. Home appreciation the last 10 years has been 63.7%. Home Appreciation in Socorro is up 20.9%.

Average Age of Homes

- The median age of Socorro real estate is 28 years old

The Rental Market in Socorro

- Renters make up 23.0% of the Socorro population
- 0.7% of houses and apartments in Socorro, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Socorro, Texas	United States
	11,157.0	139,647,020.0
	29	42
	$169,100	$338,100
	20.9%	16.6%
	54.6%	57.0%
	63.7%	101.1%
	$22.61	$10.98
	$2,304	$2,690
	77.2%	57.4%
	4.4%	11.2%
	18.4%	31.4%
Vacant Housing
	0.7%	1.9%
	0.5%	0.4%
	0.7%	0.7%
	0.0%	0.4%
	0.7%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	7.7%	2.6%
	3.1%	2.4%
	5.5%	2.8%
	10.2%	3.9%
	21.9%	4.5%
	29.6%	11.3%
	15.0%	13.0%
	5.9%	20.1%
	0.5%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.1%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	1.4%	0.2%
	22.3%	13.6%
	22.3%	13.6%
	15.0%	13.6%
	21.1%	13.2%
	13.7%	14.8%
	15.0%	13.6%
	2.5%	10.0%
	1.0%	4.7%
	2.0%	12.2%