Socorro, TX Housing Market & Real Estate

Balanced market+1.2% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Socorro, TX is $248,000, up 1.2% year-over-year. Homes sell in an average of 62 days with 94 active listings. The market is currently a balanced market.

$248,000median sale price

Homes sold

25

Last 12 weeks

Days on market

62

Average pace

Active listings

94

3.8 months supply

Sale-to-list

99.4%

Below asking

Socorro, TX market data

Current housing market statistics for Socorro, TX
MetricValue
Median sale price$248,000
Median list price$249,000
Year-over-year price change+1.2%
Average days on market62 days
Active inventory94 listings
Months of supply3.8 months
Sale-to-list price ratio99.4%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Socorro housing market is currently classified as a balanced market with a median sale price of $248,000. Prices have risen 1.2% compared to last year, with homes spending an average of 62 days on market, indicating 3.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Socorro

There are currently 94 homes listed for sale in Socorro, Texas. The median listing price is $249K.

Active listings

94

Homes on market

Median list price

$249K

Avg. days on market

62

Days until sale

New this week

37

Newly listed

Price drops:13.8%of listings
Sale-to-list:99.4%

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Frequently asked questions

What is the average home price in Socorro?

The median home sale price in Socorro is $248,000, up 1.2% from last year.

How long do homes stay on market in Socorro?

Homes typically spend 62 days on market before going under contract.

Is Socorro a buyer's or seller's market?

With 3.8 months of supply, Socorro is currently a balanced market.

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