El Paso - TX housing market
The El Paso metro has a typical home value of $231,422, up 1.5% from a year ago. Homes sell in 35 days on average - a balanced market. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($231,422) is the Zillow Home Value Index for the El Paso - TX metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 1.5% over the past year. In El Paso - TX, that means a home worth $228,002 last year is now worth roughly $231,422.
The median sale price , what homes actually close for , is $248,079. Homes are selling at 98.3% of list price, meaning buyers have room to negotiate.
Homes listed in El Paso - TX sit on the market for roughly 35 days before going pending. Shorter = seller's market; longer = buyer's market.
About 14.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 851 new listings hit the market each month in El Paso - TX. There are currently 3,479 homes for sale, down 0.2% from a year ago.
The typical monthly rent in El Paso - TX is $1,471, up 2.0% year over year. For investors, the price-to-rent ratio here is roughly 13x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
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Other metros in TX
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Dallas - TX | $366,743 | -3.5% | 28.0d |
| Houston - TX | $308,211 | -2.0% | 38.0d |
| San Antonio - TX | $280,170 | -2.1% | 48.0d |
| Austin - TX | $430,490 | -6.0% | 49.0d |
| McAllen - TX | $192,808 | +0.5% | 82.0d |
| Killeen - TX | $252,395 | -1.0% | 54.0d |