El Paso - TX housing market
The El Paso metro has a typical home value of $232,910, up 1.6% from a year ago. Homes sell in 33 days on average - a balanced market. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($232,910) 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 1.6% over the past year. In El Paso - TX, that means a home worth $229,242 last year is now worth roughly $232,910.
The median sale price , what homes actually close for , is $245,617. 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 33 days before going pending. Shorter = seller's market; longer = buyer's market.
About 15.2% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 869 new listings hit the market each month in El Paso - TX. There are currently 3,443 homes for sale, down 4.0% from a year ago.
The typical monthly rent in El Paso - TX is $1,520, up 2.3% 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 | $366,823 | -3.3% | 24.0d |
| Houston - TX | $308,306 | -2.0% | 33.0d |
| San Antonio - TX | $280,297 | -1.9% | 38.0d |
| Austin - TX | $428,524 | -6.0% | 41.0d |
| McAllen - TX | $193,978 | +0.6% | 79.0d |
| Killeen - TX | $252,591 | -1.1% | 40.0d |