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Cheap Homes in Socorro, TX

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Socorro, TX Foreclosures

How much do homes sell for in Socorro, TX?
The average home price is currently $200,832.
What’s the average rental cost in Socorro, TX?
The average rental price in Socorro is $930.
What is the most expensive home in Socorro?
The most expensive home sold in Socorro had a price of $2,440,666.
What is currently the cheapest priced home in Socorro, TX?
The cheapest home for sale in Socorro is priced at $14,968.

Living in Socorro, TX

Socorro, TX is a dynamic city that borders El Paso. With its welcoming community, numerous amenities, and recreational options, it’s an ideal place for families and young professionals. The city boasts a rich cultural history and access to outdoor activities that enhance its livability.

Current Market Conditions in Socorro, TX

The real estate market in Socorro has seen steady growth in recent months, with an increase in home sales and a growing demand for affordable housing options. This trend is attributed to the city's expanding economy and its proximity to El Paso, which provides additional opportunities for residents.

Home Value Estimator For Socorro, TX

There are currently 8,602 real estate properties in Socorro, TX, with a median automated valuation model (AVM) price of $202,691.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Socorro, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Socorro, TX, is $200,832.00, with the most expensive house in Socorro, TX, topping out at $2,440,666.00 and the cheapest home in Socorro, TX, clocking in at $14,968.00. In other words, there’s something for every potential homebuyer or savvy investor in Socorro, TX!

Rent Prices In Socorro, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Socorro, TX, is on a rollercoaster ride. The average rent price in Socorro, TX, is $930.00. Indeed, when looking to rent in Socorro, TX, you can expect to pay as little as $460.00 or as much as $2,820.00, with the average rent median estimated to be $920.00. The good news is that finding an affordable and desirable property to rent in Socorro, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheap Homes in Socorro, TX

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