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Foreclosures in Socorro, TX

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View this home at Colina De Oro St Socorro TX 79928
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Colina De Oro St
Socorro, TX 79928
Single-Family
|
4 |
2
|
1,361
AUCTION: 05-07-2024
Single-Family
|
4 |
2
|
1,361
View this home at Montreal Cir Socorro TX 79927
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$174,190 EMV
Montreal Cir
Socorro, TX 79927
Single-Family
|
3 |
2
|
1,316
EST. RENT: $1,131
|
AUCTION: 04-02-2024
Single-Family
|
3 |
2
|
1,316
View this home at Regina Dr Socorro TX 79927
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Regina Dr
Socorro, TX 79927
Single-Family
2
|
2,756
AUCTION: 04-02-2024
Single-Family
2
|
2,756
View this home at Alameda Ave Socorro TX 79927
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$76,500 EMV
Alameda Ave
Socorro, TX 79927
Single-Family
0
EST. RENT: $952
|
AUCTION: 04-02-2024
Single-Family
0
View this home at Mac Kenze Ann Pl Socorro TX 79927
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Mac Kenze Ann Pl
Socorro, TX 79927
Single-Family
|
4 |
2
|
2,048
AUCTION: 05-07-2024
Single-Family
|
4 |
2
|
2,048
View this home at Valle Los Nogales Dr Socorro TX 79927
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Valle Los Nogales Dr
Socorro, TX 79927
Single-Family
|
4 |
2
|
1,798
AUCTION: 05-07-2024
Single-Family
|
4 |
2
|
1,798
View this home at Place Rd Socorro TX 79927
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Place Rd
Socorro, TX 79927
Mobile Home
792
AUCTION: 04-02-2024
Mobile Home
792
View this home at Stedham Cir Socorro TX 79927
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Stedham Cir
Socorro, TX 79927
Single-Family
0
AUCTION: 04-02-2024
Single-Family
0
Displaying 1 - 10 of 63
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Home Value Estimator For Socorro, TX

There are currently 4,598 real estate properties in Socorro, TX, with a median automated valuation model (AVM) price of $178,750.00. 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 $180,823.00, 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 $15,563.00. 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.


Top Reasons To Live In Socorro, TX In 2024

Socorro is located in El Paso, Texas, with an estimated municipal population of 34,370 residents. All of the best foreclosed homes for sale in Socorro are located in the following zip code areas on Foreclosure.com: 79927. The estimated population per square kilometer (.62 miles) in Socorro is 604.


Cost Of Living In Socorro, TX

So, about how much do homes cost in Socorro? The most recent median value of resident-owned homes in Socorro is 93,844. An estimated 74.4 percent of households in Socorro own their homes, with an average family size of 3.94. The median household income in Socorro is 38,111, with8.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Socorro, the median commute time of resident workers (in minutes) is 27.6. And last, but certainly not least, are you looking for homes to rent in Socorro? If so, the average rent price paid by renters in Socorro is 726, according to recent statistics.


Diversity And Demographics In Socorro, Texas

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Socorro, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Socorro is 32.3, split between 46 percent male versus 54 female. The percentage of residents who report being married in Socorro is 44.8, with an average family size of 3.94.

The percentage of residents who report their race in Socorro is as follows:

White 77%
Black / African American 0.4%
Asian 0.1%
American Indian / Alaskan Native 1.7%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.6%
Other 19.2%

Looking for family-friendly neighborhoods in and/or near Socorro? Or maybe you are searching for 55+ active adult communities in and/or near Socorro?

The percentage of residents who report their age in Socorro is as follows:

Under 10 15.8%
Aged 10-19 15.9%
20s 15.4%
30s 11.8%
40s 12.2%
50s 11.7%
60s 9.6%
70s 5.2%
80+ 2.3%

Best Schools In Socorro, Texas

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Socorro with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Socorro.


Pros And Cons Of Living In Socorro, Texas

How do you know that living in -- or moving to -- Socorro is right where you need to be? Perhaps you grew up in Socorro or already live nearby; therefore, the decision to buy a home in Socorro is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Socorro for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Socorro:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Socorro.


Reasons To Move To Socorro, Texas, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Socorro can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Socorro, meanwhile, can field multiple offers from more qualified buyers.

Socorro, TX Foreclosures


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