Current Price

$170,291

1 Month Forecast

â–² $188,845

1-Year Forecast *

â–² $200,282

5-Year Forecast *

â–² $216,558

"Is it a good time to buy homes in Socorro?" "Does investing in real estate in Socorro (New Mexico State, Socorro County) worth it?" According to our live Forecast System, buying a house in Socorro is a good short-term (1-year) investment*. The Socorro average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Socorro" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Socorro in New Mexico State, Socorro County. If you are looking for homes for sale with good flipping profit, Socorro can be a profitable property investment option. The median price of an average house in Socorro was 170,291 USD on 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Socorro" area is 216,558 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +27.17% meaning that investing 100000 USD today may yield a profit of 27,169 USD by 2031.

Current Median Listing Price: 170,291 USD Median Listing Price Per Square Foot: 95 USD

Socorro Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Socorro (New Mexico State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Socorro Price Target

Socorro median home price target in 12 months: $200,282* (upside of 17.6%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $182,657 $188,081 $182,657 $188,357
2024 $169,849 $170,291 $169,849 $174,848
2023 $179,664 $170,773 $170,773 $182,185
2022 $172,069 $178,790 $171,617 $178,790
2021 $156,700 $171,734 $156,700 $171,734
2020 $141,726 $155,804 $140,947 $155,804
2019 $151,710 $141,163 $139,438 $151,710
2018 $137,660 $153,008 $137,660 $153,331
2017 $147,912 $137,750 $137,626 $147,912
2016 $146,254 $149,172 $146,254 $150,523
2015 $142,803 $145,476 $139,488 $145,476
2014 $144,627 $143,363 $142,012 $144,627
2013 $141,826 $144,806 $141,826 $146,350
2012 $140,178 $142,092 $140,178 $143,967

Questions & Answers about the Socorro Housing Market Forecast

How much does an average home cost in Socorro today?

The value of an average home (the listing price) in Socorro is $170,291 USD.

What is the average price per square foot in Socorro?

According to Walletinvestor the median price per square foot in Socorro is 95 USD.

Will the median listing price of homes in Socorro grow / rise / go up?

Yes. The Socorro home prices may rise from 170,291 USD to 200,282 USD in one year.

Is it profitable to invest in Socorro homes?

Yes. The long-term profit potential is +17.61% in one year.

Will Socorro house prices fall / drop?

No. See above.

What is the predicted price of a Socorro home in 2030?

The predicted home sales price of a Socorro home in 2030 in Socorro is 202,661 USD.

What is the predicted price of a Socorro home in 2035?

The predicted home sales price of a Socorro home in 2035 in Socorro is 231,093 USD.

Will real estate prices decrease in Socorro?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Socorro is the 6236. largest city in the United States, located in New Mexico State.

During the last 12 months the real estate prices in Socorro, Socorro decreased, looking at the past 12 months.

According to Walletinvestor's Socorro real estate market research, home values will increase in the next 12 months.

Median home values decreased by 6.980% to 170,291 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 17.531% in 2021
  • 18.251% in 2022
  • 17.081% in 2023
  • 16.241% in 2024
  • 18.471% in 2025
  • 18.511% in 2026

Based on our Socorro real estate market research and report the predicted sales prices will increase by 406.402% in the next 10 years.

Over the last 12 months, the value of homes in Socorro fluctuated: increasing 4 times and decreasing 1 times.

Socorro (New Mexico) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Socorro Housing Market Forecast with Real Estate Prices for 2025
August 2025 188845 173549 204141
September 2025 190084 177919 202250
October 2025 191332 172582 210083
November 2025 192588 179107 206069
December 2025 193852 180089 207616
Socorro Housing Market Forecast with Real Estate Prices for 2026
January 2026 195124 176392 213856
February 2026 196405 180693 212118
March 2026 197694 186228 209161
April 2026 198992 183073 214911
May 2026 200234 181412 219056
June 2026 200625 185378 215873
July 2026 200282 186863 213700
August 2026 200098 188492 211704
September 2026 200424 185192 215656
October 2026 201739 190845 212633
November 2026 203063 185803 220324
December 2026 204396 189067 219726
Socorro Housing Market Forecast with Real Estate Prices for 2027
January 2027 205636 188774 222499
February 2027 206120 191692 220549
March 2027 206353 187782 224925
April 2027 206529 194344 218714
May 2027 206587 186962 226213
June 2027 207598 188291 226904
July 2027 206718 195348 218087
August 2027 206256 192231 220281
September 2027 206747 191448 222047
October 2027 208104 192913 223296
November 2027 209323 188809 229837
December 2027 208232 193447 223016
Socorro Housing Market Forecast with Real Estate Prices for 2028
January 2028 207147 194304 219990
February 2028 206067 192673 219461
March 2028 204993 190234 219753
April 2028 203925 184348 223501
May 2028 202862 192516 213208
June 2028 201805 183037 220572
July 2028 202721 189747 215696
August 2028 204052 187320 220784
September 2028 205391 191630 219152
October 2028 206133 194177 218089
November 2028 205989 193629 218348
December 2028 205674 194156 217192
Socorro Housing Market Forecast with Real Estate Prices for 2029
January 2029 204848 190304 219392
February 2029 203780 185644 221917
March 2029 202899 191131 214667
April 2029 201915 186368 217463
May 2029 200886 186020 215752
June 2029 202205 190275 214135
July 2029 202661 183813 221508
August 2029 203991 191955 216026
September 2029 205330 188493 222167
October 2029 206677 195724 217631
November 2029 207683 194392 220975
December 2029 207379 188508 226251
Socorro Housing Market Forecast with Real Estate Prices for 2030
January 2030 208222 191980 224463
February 2030 209588 199109 220068
March 2030 210964 191555 230373
April 2030 212349 191114 233584
May 2030 213742 197712 229773
June 2030 215145 201591 228700
July 2030 216558 199016 234099
August 2030 217979 204900 231058
September 2030 219410 203832 234988
October 2030 220779 208195 233364
November 2030 221211 199311 243111
December 2030 220832 202503 239161
Socorro Housing Market Forecast with Real Estate Prices for 2031
January 2031 220629 209377 231881
February 2031 220989 206845 235132
March 2031 222439 201085 243793
April 2031 223899 212032 235766
May 2031 225369 204860 245877
June 2031 226736 205650 247823
July 2031 227270 206588 247951
August 2031 227527 205229 249824
September 2031 227720 208136 247304
October 2031 227785 210929 244641
November 2031 228899 216767 241030
December 2031 227928 205136 250721
Socorro Housing Market Forecast with Real Estate Prices for 2032
January 2032 227419 210590 244248
February 2032 227961 206532 249389
March 2032 229457 210183 248731
April 2032 230801 217645 243956
May 2032 229598 209852 249343
June 2032 228401 213098 243704
July 2032 227211 209034 245388

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.