Is Socorro, NM 87801 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Socorro is a buyer’s market. With about 8.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8.5Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.6%Sold price ÷ list price
Median days on market59Listing to accepted offer
Median price per sq ft$145▼ −3.1% vs. last year

Nearby markets

Bosque 87006Seller’s market $233 /sq ftLemitar 87823 — /sq ftMagdalena 87825 — /sq ftSan Acacia 87831Buyer’s market $164 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology