Housing Prices in El Paso, TX
How much do homes in El Paso, TX cost?
Median List Price
$260,006
$151/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Summary: The median home list price in El Paso was $260,006 in April 2024, up 9.4% from the previous year, and the median price per square foot was $151.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $88K | $124.9K | +42.0% |
2 Bedrooms | $140.5K | $155K | +10.3% |
3 Bedrooms | $206.2K | $229.6K | +11.3% |
4 Bedrooms | $281.1K | $295.1K | +5.0% |
5+ Bedrooms | $384.9K | $410.9K | +6.8% |
Summary: El Paso housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 6.8%.
Median List Price Compared To Nearby Cities
El Paso | $237.6K | $260K | +9.4% |
El Paso Northwest | $298K | $319.9K | +7.3% |
Canutillo | $349.9K | $359.5K | +2.7% |
Sunland Park | $387.9K | $365K | -5.9% |
Housing Supply in El Paso, TX
How many homes are available in El Paso, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2,282 | 2,502 | +9.6% |
Summary: The El Paso real estate market had 2,502 homes for sale in April 2024, a 9.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 7 | -12.5% |
2 Bedrooms | 84 | 89 | +6.0% |
3 Bedrooms | 931 | 974 | +4.6% |
4 Bedrooms | 1,043 | 1,195 | +14.6% |
5+ Bedrooms | 216 | 237 | +9.7% |
Summary: The El Paso housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes increased by 9.7%.
Days on Market for El Paso, TX
How long does it take to sell a home in El Paso, TX?
Average Listing Age
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
124 Days | 81 Days | -34.1% |
Summary: Homes in El Paso had an average listing age of 81 days in Apr 2024, down by 34.1% compared to the previous year.