Socorro, Socorro County, NM Housing Trends, Rent, Price-to-Rent

Market Summary

Socorro, Socorro County, NM

Median Home Price Price

$185,008 $185K

Median Monthly Rent Rent

$815 $815

GRM

19.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Socorro, NM is $815, with MoM change +$6 and YoY change +$42 pointing to positive momentum while volatility is low (std $10).

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Metric

Base market Socorro, NM

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Delta vs base

Median rent

$815

N/A

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Median price

$185,008

N/A

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YoY change

+$42

N/A

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Price-to-rent

18.9x

Data unavailable

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