What the Pros Know

15,963

Population

0.9% YoY

2023

39.6

Median Age

1% YoY

2022

$40,699

Median Household Income

6.4% YoY

2022

6,125

Labor Force

0.9% MoM

0% YoY

8/2024

5,814

Employed

0.3% MoM

0.4% YoY

8/2024

5.1%

Unemployment Rate

17.7% MoM

8.5% YoY

8/2024

$193,000

Median Sale Price

18.4% MoM

28.8% YoY

8/2024

8

Homes Sold

0.0% MoM

60.0% YoY

8/2024

3.8

Months Inventory

18.9% MoM

37.5% YoY

8/2024

19

Days on Market

9 MoM

78 YoY

8/2024

30

Listings

18.9% MoM

7.1% YoY

8/2024

97.0%

Sale Price to List Price

0.1% MoM

2.8% YoY

8/2024

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Cities included in Socorro County: Socorro, Alamo, Magdalena, Polvadera, Lemitar, Alamillo, Abeytas, Las Nutrias, La Joya, Luis Lopez, Chamizal, Veguita, San Acacia, Escondida, San Antonio


Zip Codes included in Socorro County: [Click for zip code level data] 87006, 87011, 87028, 87062, 87801, 87823, 87825, 87828, 87831, 87832


 1.  Population Data from U.S. Census Bureau.
 2.  Employment Data from Bureau of Labor and Statistics
 3.  Sales Data provided by Redfin, a national real estate brokerage.

MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

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