Socorro County, NM Average Home Price (2026)
The average home price in Socorro County, New Mexico is about $385,500 (the 2026 median across 8 ZIP codes, at ~$203/sq ft) — 21% more expensive than the New Mexico median and 33% more expensive than the typical U.S. home.
How Socorro County compares
Socorro County is relatively expensive for housing nationally: its typical home costs $385,500 against $319,000 for New Mexico and $289,000 for the U.S. Within the county, ZIP-level values run from about $195,000 to $1,463,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Socorro County | $385,500 | $203 |
| New Mexico | $319,000 | $205 |
| United States | $289,000 | $193 |
Socorro County home prices by ZIP code
The 8 most valuable ZIP codes in Socorro County (of 8 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 87828 Polvadera | $1,463,000 | $770 | +280% |
| 87006 Bosque | $524,000 | $276 | +36% |
| 87831 San Acacia | $471,000 | $248 | +22% |
| 87062 Veguita | $397,000 | $209 | +3% |
| 87825 Magdalena | $374,000 | $197 | -3% |
| 87823 Lemitar | $329,000 | $173 | -15% |
| 87832 San Antonio | $201,000 | $106 | -48% |
| 87801 Socorro | $195,000 | $144 | -49% |
Home value appreciation in Socorro County
Home prices in Socorro County have risen about 55% over the last 10 years (≈4.5% a year) and +62.6% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at -10.1% — a recent dip. A home worth $385,500 today was worth roughly $249,515 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, New Mexico is +81.6% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Socorro County
Run the numbers for Socorro County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Socorro County
To buy the typical $385,500 home in Socorro County with 20% down, you need a household income of roughly $105,000 a year (about $2,450 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $125,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $19,300 | $3,040/mo | $130,000/yr |
| 10% (+PMI) | $38,600 | $2,910/mo | $125,000/yr |
| 20% | $77,100 | $2,450/mo | $105,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Socorro County
At about $203 per square foot, here is roughly how much home different budgets get you in Socorro County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $200k | 990 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1230 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1480 sq ft | below the local median — condos, smaller or older homes |
| $400k | 1970 sq ft | around the typical home here |
| $500k | 2460 sq ft | around the typical home here |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to New Mexico.
Estimate a specific home in Socorro County
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Socorro County home prices: frequently asked
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Browse all New Mexico cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.