Why Live in Socorro
Socorro, NM, is a small town of 9,000 residents located 75 miles south of Albuquerque, accessible via Interstate 25. Known for its scientific and military significance, Socorro is home to the New Mexico Institute of Mining and Technology and the National Radio Astronomy Observatory, which is moving its headquarters to the town. The area also includes the Energetic Materials Research and Testing Center, resulting in weekly explosive tests that are a unique aspect of local life. Housing in Socorro primarily consists of brick or stucco-sided ranch-style homes from the 1960s and 70s, with newer builds featuring RV parking available in the northern part of town. Outdoor activities are abundant, with Box Canyon offering hiking and rock climbing 5 miles west, and the Apache Kid Wilderness providing extensive trails for hiking and horseback riding 20 miles south. The Bosque Del Apache National Wildlife Refuge, located 10 miles south, is a prime spot for birdwatching. Socorro’s downtown area along South California Street features local breweries, restaurants, cafes, antique stores, and galleries, with the historic Capital Bar & Brewery being a notable highlight. Residents also have access to a Walmart Supercenter and entertainment options like the Loma Theatre and Garcia Opera House. The town’s mild, dry climate, with summer highs in the low 90s and winter lows in the 20s, complements its desert setting. Socorro General Hospital serves the community's healthcare needs, and local travel is facilitated by Socorro Transit.
Home Trends in Socorro, NM
On average, homes in Socorro, NM sell after 74 days on the market compared to the national average of 51 days. The median sale price for homes in Socorro, NM over the last 12 months is $194,000, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$194,000
Median Single Family Sale Price
$193,500
Median Townhouse Sale Price
$215,000
Median 2 Bedroom Sale Price
$172,000
Average Price Per Sq Ft
$143
Number of Homes for Sale
21
Last 12 months Home Sales
50
Median List Price
$204,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
3%