The housing in 79927 Socorro, TX is very affordable compared to the US median value. According to the data given, the median value of a house in this area is $159,600 which is almost half of the US median value of $338,100. Additionally, the appreciation rate for houses in this area over the past year has been 18.44%, significantly higher than the US 1-year appreciation rate of 8.27%. These numbers suggest that housing in 79927 Socorro, TX is an attractive prospect for people looking to purchase property at an affordable price and with a good potential for appreciation in the future.
The median home cost in Socorro (zip 79927) is $159,600. Home appreciation the last 10 years has been 63.7%. Home Appreciation in Socorro (zip 79927) is up 20.9%.
Average Age of Homes
- The median age of Socorro (zip 79927) real estate is 29 years old
The Rental Market in Socorro (zip 79927)
- Renters make up 21.3% of the Socorro (zip 79927) population
- 0.5% of houses and apartments in Socorro (zip 79927), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.