Socorro, NM Real Estate
According to census data in the year 2000 there were 3,973 housing units in Socorro.
This represents a 13.4% growth from 3,502 in 1990.
Of those housing units, 3,724 were located in either urbanized areas or urban clusters, and 249 were located in what is classified as a rural area.
Homeownership rate in Socorro is about 59.8%.
Socorro's vacancy rate, including seasonal lodging, is about 12.7%.
Average household size is 2.44 people.
The majority of houses, apartments or condos in Socorro were built after 1974.
|Housing Units by Size|
|Five Bedrooms or more||0.30%|
Owned Homes, Apartments and Condos
|Average Household Size||2.58|
|Median year structure was built||1972|
|Median Value of occupied units||$84,400|
|Median Price asked for vacant units||$83,600|
Rented Homes, Apartments and Condos
|Average Household Size||2.22|
|Median year structure was built||1977|
|Median Monthly Rent asked for vacant units||$308|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||6.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.6%|