Above, you will see a summary of real estate in Socorro, NM. On average, homes in Socorro, NM cost $114,700, a value that is 29% lower than the average in New Mexico. In general terms, this results in Socorro, NM real estate being more affordable than New Mexico real estate. On average, people who rent houses in Socorro, NM pay $603; this value is 24% lower than the average amount renters pay in New Mexico. 57.6% of Socorro, NM residents own their own homes and, on average, each of the homes has 3.2 occupants. Socorro, NM real estate features a range of homes, which include everthing from large houses to small condos to stacked townhomes. Accessing real estate listings and homes that are up for sale in Socorro, NM is easy because in our search area shown above, we categorize real estate and homes based on location, price, and the number of bedrooms and bathrooms.