Housing Prices in El Paso, TX
How much do homes in El Paso, TX cost?
Median List Price
$259,903
$150/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in El Paso has increased by 10.6% since last year.
Summary: The median home list price in El Paso was $259,903 in March 2024, up 10.6% from the previous year, and the median price per square foot was $150.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85K | $124.9K | +47.0% |
| 2 Bedrooms | $139.9K | $156.3K | +11.7% |
| 3 Bedrooms | $204.9K | $228.2K | +11.3% |
| 4 Bedrooms | $279.9K | $294.3K | +5.1% |
| 5+ Bedrooms | $380.9K | $411.6K | +8.1% |
Summary: El Paso housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 47%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 8.1%.
Median List Price Compared To Nearby Cities
| El Paso | $234.9K | $259.9K | +10.6% |
| El Paso Northwest | $294.1K | $315.1K | +7.1% |
| Canutillo | $347K | $359.7K | +3.7% |
| Sunland Park | $397.4K | $384.9K | -3.1% |
Housing Supply in El Paso, TX
How many homes are available in El Paso, TX?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2,223 | 2,318 | +4.3% |
Summary: The El Paso real estate market had 2,318 homes for sale in March 2024, a 4.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 7 | -12.5% |
| 2 Bedrooms | 85 | 82 | -3.5% |
| 3 Bedrooms | 926 | 938 | +1.3% |
| 4 Bedrooms | 1,003 | 1,070 | +6.7% |
| 5+ Bedrooms | 201 | 221 | +10.0% |
Summary: The El Paso housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 10%.
Days on Market for El Paso, TX
How long does it take to sell a home in El Paso, TX?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 127 Days | 88 Days | -30.8% |
Summary: Homes in El Paso had an average listing age of 88 days in Mar 2024, down by 30.8% compared to the previous year.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by other brokerage firms are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers. 
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”. 
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