2 days on Rocket
#202500951, Monique Ortega, Listing Office: Realty One of New Mexico
Socorro County Housing Market Report February 2025•Socorro County, New Mexico
Housing Prices in Socorro County, NM
How much do homes in Socorro County, NM cost?
Housing Market Conditions
Is Socorro County, NM a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Socorro County is a Seller's Market
Difference Since February 2024
At the same time last year, Socorro County was a Buyer's Market.
Insight
Socorro County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$196,000$128/SqFt
-$19,000
-8.8%
Based on all homes sold in the last 12 months
Insight
Homes in Socorro County have sold for 8.8% less than they did a year ago.
Summary: The median home sold price in Socorro County was $196,000 in February 2025, down 8.8% from last year, and the median price per square foot was $128.
Median Sold Price By Counties
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Valencia County | $294.9K | $304.8K | +3.3% |
| Socorro County | $215K | $196K | -8.8% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $104.5K | $145K | +38.8% |
| 22 Bedrooms | $130.5K | $168K | +28.7% |
| 33 Bedrooms | $222.5K | $217.5K | -2.2% |
| 44 Bedrooms | $237.5K | $225K | -5.3% |
| 55+ Bedrooms | $270K | $356K | +31.9% |
Summary: Socorro County housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +38.8%. The home price for 2 bedroom homes increased by +28.7%. The home price for 3 bedroom homes decreased by -2.2%. The home price for 4 bedroom homes decreased by -5.3%. The home price for 5 bedroom homes increased by +31.9%.
How does Socorro County, NM compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Socorro County, NM
Housing supply in Socorro County, NM
How many homes are available in Socorro County, NM?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 28Last MonthFeb 2025 | ||
| 322 months agoJan 2025 | -12.5 % Change MoMJan – Feb |
Summary: The Socorro County real estate market had 28 homes for sale in Feb 2025, a 12.5 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthFeb 2025 | ||
| 52 months agoJan 2025 | 0.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 1 | -50.0% |
| 22 Bedrooms | 7 | 8 | +14.3% |
| 33 Bedrooms | 21 | 18 | -14.3% |
| 44 Bedrooms | 2 | 1 | -50.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Socorro County housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes increased by +14.3%. The inventory for 3 bedroom homes decreased by -14.3%. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Socorro County, NM cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price5 Homes
Insight
If you're buying a home in Socorro County, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Socorro County in February 2025, the same as the previous month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Socorro County, NM
How long does it take to sell a home in Socorro County, NM?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days1 Home
Over 90 Days3 Homes
Insight
Most homes in Socorro County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 5 homes were sold in Socorro County; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 188 DaysThis YearFeb 2025 | ||
| 31 Days1 year agoFeb 2024 | +496.8 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Socorro County had an average listing age of 188 days in Feb 2025, up by 496.8% compared to the previous year.
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Newest Listings in Socorro County, NM
What homes are available in Socorro County, NM?
2 days on Rocket
$2,672 Closing Credit¹
#1079385, Alex Baca, Listing Office: Realty Pros NM
3 days on Rocket
$2,363 Closing Credit¹
#1075991, Karolyn M Chavez, Listing Office: Realty One of New Mexico
#1078857, Tonia Falls, Listing Office: Realty One of New Mexico
$2,351 Closing Credit¹
#1078916, Karolyn M Chavez, Listing Office: Realty One of New Mexico
#202500738, Leonel Munoz, Listing Office: Regal Real Estate Experts
$1,769 Closing Credit¹
#1077616, Kimberly J King, Listing Office: Realty One of New Mexico
$1,841 Closing Credit¹
#1078448, Karolyn M Chavez, Listing Office: Realty One of New Mexico
#1075233, David A Duerksen, Listing Office: Simply Real Estate
$4,026 Closing Credit¹
#1078077, David A Duerksen, Listing Office: Simply Real Estate
#1078000, Sonia Wright, Listing Office: The M Real Estate Group
$5,641 Closing Credit¹
#1077990, Karolyn M Chavez, Listing Office: Realty One of New Mexico
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MLS Disclaimers and Copyright
Based on information from Southwest Multiple Listing Service, and Santa Fe MLS for the period 03/01/2023 - 03/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 10:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright © 2025 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.