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Socorro, TX Housing

 
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As of 2010-2014, median price of a house in Socorro is $83,000, which is lower than the state average of $131,400 and is much lower than the national average of $175,700. The Socorro median house value has grown by 52.57% since 2000. The growth rate for the price of a house in Socorro is lower than the state average rate of 59.27% and is higher than the national average rate of 46.91%. The median year that a house in Socorro was built is 1988, which is newer than the median year for a house built in the state which is 1984 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 6,850 Owner Occupied Houses in Socorro, TX, #764
Socorro, TX
83,000 USD
Texas
131,400 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #737
Socorro, TX
52.57%
Texas
59.27%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Socorro, TXTexasU.S.
Total Housing Units9,505, see rank, 100%10,187,189132,741,033
Occupied Housing Units9,037, 95.08%, see rank88.48%87.55%
Owner Occupied6,850, 72.07%, see rank55.49%56.34%
Renter Occupied2,187, 23.01%, see rank32.99%31.21%
Vacant Housing Units468, 4.92%, see rank11.52%12.45%
For Rent52, 0.55%, see rank3.13%2.34%
For Sale Only21, 0.22%, see rank1.05%1.20%
Rented or Sold, Not Occupied24, 0.25%, see rank0.97%0.92%
For Seasonal, Recreational, or Occasional Use56, 0.59%, see rank2.37%3.97%
For Migrant Workers0, 0.00%, see rank0.02%0.03%
Other Vacant315, 3.31%, see rank3.97%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #397
Socorro, TXTexasU.S.
198819841976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Socorro, TX%TexasU.S.
Owner-Occupied Units6,850100%5,652,54274,787,460
With a Mortgage2,86841.87%, see rank60.56%65.58%
Without a Mortgage3,98258.13%, see rank39.44%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Socorro, TX
946 USD
Texas
1,443 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsSocorro, TX%TexasU.S.
$299 or Less90.31%, see rank0.15%0.20%
$300 to $4991264.39%, see rank1.18%1.59%
$500 to $69940714.19%, see rank4.49%5.01%
$700 to $9991,04436.40%, see rank14.70%14.32%
$1,000 to $1,4991,08137.69%, see rank33.20%27.90%
$1,500 to $1,9991605.58%, see rank22.54%20.35%
$2,000 to $2,999411.43%, see rank16.45%19.52%
$3,000 or More00.00%, see rank7.30%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Socorro, TX
29.00% of the Total Income
Texas
22.20% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Socorro, TX%TexasU.S.
10% or Less411.43%, see rank6.26%5.86%
10% to 20%76626.71%, see rank36.09%31.95%
20% to 30%69824.34%, see rank27.65%27.64%
30% to 40%39213.67%, see rank12.28%13.74%
40% or More92632.29%, see rank17.16%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Socorro, TX
318 USD
Texas
459 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsSocorro, TX%TexasU.S.
$199 or Less56614.21%, see rank7.97%7.76%
$200 to $2991,24331.22%, see rank14.81%14.70%
$300 to $4991,75043.95%, see rank33.97%34.63%
$500 to $6993398.51%, see rank22.08%21.16%
$700 or More842.11%, see rank21.17%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Socorro, TX
12.90% of the Total Income
Texas
11.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Socorro, TX%TexasU.S.
10% or Less1,53738.60%, see rank41.43%40.19%
10% to 20%1,26031.64%, see rank32.37%31.47%
20% to 30%54113.59%, see rank11.78%12.24%
30% to 40%2165.42%, see rank5.09%5.64%
40% or More3157.91%, see rank8.03%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Socorro, TXTexasU.S.
Total Housing Units9,505, 100%10,187,189132,741,033
1-unit, Detached6,851, 72.08%, see rank65.34%61.65%
1-unit, Attached124, 1.30%, see rank2.68%5.82%
2 Units299, 3.15%, see rank1.94%3.75%
3 or 4 Units319, 3.36%, see rank3.20%4.43%
5 to 9 Units33, 0.35%, see rank4.85%4.78%
10 or More Units86, 0.90%, see rank14.35%13.08%
Mobile Home, Boat, RV, Van, etc.1,793, 18.86%, see rank7.63%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Socorro, TXTexasU.S.
Total Housing Units9,505, 100%10,187,189132,741,033
1 Room159, 1.67%, see rank1.69%1.95%
2 Rooms247, 2.60%, see rank2.86%2.48%
3 Rooms602, 6.33%, see rank10.61%9.13%
4 Rooms1,960, 20.62%, see rank16.68%16.60%
5 Rooms2,697, 28.37%, see rank21.74%20.41%
6 Rooms1,896, 19.95%, see rank18.39%18.06%
7 Rooms1,061, 11.16%, see rank11.53%12.27%
8 Rooms607, 6.39%, see rank7.50%8.48%
9 Rooms or More276, 2.90%, see rank8.98%10.60%
Median Rooms5.20, see rank5.305.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Socorro, TXTexasU.S.
Total Housing Units9,505, 100%10,187,189132,741,033
No Bedroom174, 1.83%, see rank1.85%2.17%
1 Bedroom396, 4.17%, see rank12.69%11.16%
2 Bedrooms2,012, 21.17%, see rank23.33%26.69%
3 Bedrooms5,003, 52.64%, see rank41.71%39.70%
4 Bedrooms1,541, 16.21%, see rank17.12%16.05%
5 or More Bedrooms379, 3.99%, see rank3.30%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Socorro, TXTexasU.S.
Total Housing Units9,037, 100%9,013,582116,211,092
Utility Gas7,332, 81.13%, see rank37.22%48.85%
Bottled, Tank, or LP Gas491, 5.43%, see rank3.42%4.86%
Electricity1,119, 12.38%, see rank58.19%36.68%
Fuel Oil, Kerosene, etc.1, 0.01%, see rank0.12%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood32, 0.35%, see rank0.43%2.12%
Solar Energy0, 0.00%, see rank0.01%0.05%
Other Fuel34, 0.38%, see rank0.16%0.47%
No Fuel Used28, 0.31%, see rank0.44%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalSocorro, TXTexasU.S.
Occupied Units Paying Rent2,094, 100%3,174,41239,201,928
$199 or Less12, 0.57%, see rank1.28%1.50%
$200 to $29971, 3.39%, see rank2.20%3.18%
$300 to $499434, 20.73%, see rank6.35%7.37%
$500 to $699716, 34.19%, see rank19.10%16.01%
$700 to $999750, 35.82%, see rank35.25%29.17%
$1,000 to $1,499111, 5.30%, see rank26.13%26.88%
$1,500 to $1,9990, 0.00%, see rank6.97%9.79%
$2,000 or More0, 0.00%, see rank2.73%6.10%
Median$615, see rank$870$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Socorro, TXTexasU.S.
Occupied Housing Units9,037, 100%9,013,582116,211,092
No Vehicles Available538, 5.95%, see rank5.88%9.12%
1 Vehicles Available2,850, 31.54%, see rank34.31%33.80%
2 Vehicles Available3,214, 35.56%, see rank40.44%37.48%
3 or More Vehicles Available2,435, 26.94%, see rank19.37%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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