Home prices
The median home in Socorro is valued at $93,200. It is approximately $9,380 (11%) higher in comparison to its nearby areas.In comparison to the nation as a whole it is roughly $124,300 (57%) lower, and it is roughly $34,200 (26%) lower compared to the city of El Paso.
Rents
In Socorro the median monthly rent is $726. Compared to nearby areas this is about $13 (1%) lower.Compared to the United States as a whole it is approximately $336 (31%) lower, and compared to the city of El Paso it is approximately $111 (13%) lower.
Nearby places
Sparks
Sparks is Socorro's neighbor to the north. The real estate prices there are substantially less expensive. The median home in Sparks is valued at $61,700, which works out to $31,500 (51%) lower than Socorro. Its rents are somewhat less expensive. The median rent in Sparks is $691 per month, which works out to $35 (5%) lower than Socorro.
San Elizario
San Elizario is Socorro's neighbor to the south. The housing prices there are somewhat less expensive. San Elizario's median home price is $80,500, which is $12,700 (15%) lower than Socorro. Rents there are pretty similar. The median rent in San Elizario is $762 a month, which works out to $36 (4%) higher than Socorro.
Horizon City
Horizon City is Socorro's neighbor to the northeast. Its housing prices are a bit more expensive. Horizon City's median home cost is $121,500, which works out to $28,300 (23%) higher than Socorro. Rents there are a bit more expensive. The median rent in Horizon City is $1,043 per month, which is $317 (30%) higher than Socorro.
Clint
Clint is approximately 3 miles southeast from Socorro. Its real estate prices are pretty similar. The median home in Clint is valued at $94,500, which works out to $1,300 (1%) higher than Socorro. Its rents are somewhat less expensive. The median rent in Clint is $660 a month, which works out to $66 (10%) lower than Socorro.
Fabens
Fabens is roughly 10 miles southeast from Socorro. The housing prices there are a lot less expensive. The median home in Fabens is valued at $60,900, which works out to $32,300 (53%) lower than Socorro. The rent there is a lot less expensive. Fabens's median rent is $538 per month, which comes out to $188 (34%) lower than Socorro.
