Market Overview
Home Prices in Socorro, TX
The median home value in Socorro, TX is $209,855 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.6% compared to a year ago and up 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Socorro are priced49% below average. Socorro is part of the El Paso, TX metro area.
Over the past five years, Socorro home values have risen by approximately38.6%, reflecting strong long-term appreciation in this market.
Price History
Socorro Home Price Trend
City Comparison
Socorro vs. National Median
At $209,855, homes in Socorro cost 49% below the national median of $410,000. This makes Socorro a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Socorro?
20% Down Payment
$41,971
on $209,855
Monthly P&I
$1,094/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,389/mo
incl. taxes & insurance
Income Needed
$55,560
gross annual (30% rule)
10% Down Option
$20,986
+ PMI applies
Loan Amount (20% dn)
$167,884
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Socorro, TX?
The median home value in Socorro is $209,855 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.6% year-over-year.
How much have home prices changed in Socorro?
Over the past year, home values in Socorro have increased by 1.6%. Over five years, prices have risen approximately 38.6%.
How much do I need to earn to buy a home in Socorro?
To comfortably afford the median home price of $209,855 with a 20% down payment ($41,971) at today's rates (6.8%), you'd need a gross annual income of approximately $55,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Socorro compare to the national average home price?
The national median home value is approximately $410,000. At $209,855, homes in Socorro are 49% below the national average.
What metro area is Socorro part of?
Socorro is part of the El Paso, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.