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Featured local agent — El Paso, TX
Sarah Mitchell
Compass Real Estate · El Paso, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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El Paso, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$250,000median sale price
How is the El Paso, TX housing market right now?
The median home sale price in El Paso, TX is $250,000, down 1.9% year-over-year. Homes sell in an average of 43 days with 1,372 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is El Paso a buyer's or seller's market?
El Paso, TX is currently a seller's market, based on 2.8 months of supply and homes selling in about 43 days. How we determine this →
Homes sold
488
Last 12 weeks
Days on market
43
Average pace
Active listings
1,372
2.8 months supply
Sale-to-list
98.7%
Below asking
What does the El Paso housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $250,000 |
| Median list price | $279,950 |
| Year-over-year price change | -1.9% |
| Average days on market | 43 days |
| Active inventory | 1,372 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 98.7% |
| Median price per sq ft | $157/sq ft |
| Homes sold (latest month) | 488 |
| New listings (latest month) | 617 |
| Listings with a price cut | 22.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in El Paso by property type?
How the El Paso, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $252,000 | $157/sq ft | 461 | 42 days |
| Condo / Co-op | $183,000 | $176/sq ft | 5 | 55 days |
| Townhouse | $240,000 | $173/sq ft | 9 | 50 days |
Source: Redfin · Updated monthly
The El Paso housing market is currently classified as a seller's market with a median sale price of $250,000. Prices have fallen 1.9% compared to last year, with homes spending an average of 43 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.0x provides context for how home values compare to local earning capacity.
Homes for sale in El Paso
There are currently 1,372 homes listed for sale in El Paso, Texas. The median listing price is $280K.
Active listings
1,372
Homes on market
Median list price
$280K
Avg. days on market
43
Days until sale
New this week
617
Newly listed
Who lives in El Paso?
Population
678,147
Median income
$58,734/yr
Median age
34.1 years
Owner-occupied
60.2%
College grads
27.5%
Avg commute
23.7 min
Source: U.S. Census Bureau ACS
What are homes worth in El Paso?
Zillow home value
$237,834
Zillow rent index
$1,521/mo
Price-to-rent ratio
13.0x
Price-to-income
4.0x
Source: Zillow Research
What is it like to live in El Paso?
El Paso is a community of approximately 678K residents with a median age of 34.1 years.The median household income is $58,734, which represents a working-class community with solid middle-income opportunities. 27.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 60.2%, showing a blend of owner and renter-occupied properties. The average commute time is 23.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, El Paso offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve El Paso?
50 schools tracked · 73,125 students
The largest public schools serving El Paso, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
FRANKLIN H S
Grades 9-12 · 3,048 students
EASTLAKE H S
Grades 9-12 · 2,947 students
PEBBLE HILLS H S
Grades 9-12 · 2,912 students
MONTWOOD H S
Grades 9-12 · 2,568 students
SOCORRO H S
Grades 9-12 · 2,562 students
EASTWOOD H S
Grades 9-12 · 2,374 students
CORONADO H S
Grades 9-12 · 2,350 students
EL DORADO H S
Grades 9-12 · 2,188 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near El Paso, TX?
Want a head-to-head view? Compare El Paso side-by-side with any other U.S. city using our market-comparison tool.
Is El Paso a good real estate investment market?
For investors evaluating El Paso, the price-to-rent ratio of 13.0x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 1.9% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on El Paso's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using El Paso's median home price.
Frequently asked questions
What is the average home price in El Paso?
The median home sale price in El Paso is $250,000, down 1.9% from last year.
How long do homes stay on market in El Paso?
Homes typically spend 43 days on market before going under contract.
What is the median income in El Paso?
The median household income is $58,734 per year.
Is El Paso a buyer's or seller's market?
With 2.8 months of supply, El Paso is currently a seller's market.
What is the Zillow home value estimate for El Paso?
The Zillow Home Value Index (ZHVI) for El Paso is $237,834, representing the typical home value in the area.
What is the median condo price in El Paso?
The median condo/co-op sale price in El Paso, TX is $183,000, compared to $252,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in El Paso?
The median single-family home price in El Paso, TX is $252,000 (about $157 per square foot).
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