Housing Prices in El Paso, TX
How much do homes in El Paso, TX cost?
Median List Price
$263,556
$152/sqft
Based on all homes listed in the last 12 months.
Difference Since June 2023
Summary: The median home list price in El Paso was $263,556 in June 2024, up 7.5% from the previous year, and the median price per square foot was $152.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $99.9K | $130K | +30.0% |
2 Bedrooms | $145K | $163.4K | +12.7% |
3 Bedrooms | $215.3K | $229.9K | +6.8% |
4 Bedrooms | $280.9K | $297.3K | +5.9% |
5+ Bedrooms | $385.6K | $414.9K | +7.6% |
Summary: El Paso housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30%, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 7.6%.
Median List Price Compared To Nearby Cities
El Paso Northwest | $299.8K | $324.9K | +8.4% |
El Paso | $245.1K | $263.5K | +7.5% |
Canutillo | $358.9K | $379.5K | +5.7% |
Sunland Park | $398.9K | $364.9K | -8.5% |
Housing Supply in El Paso, TX
How many homes are available in El Paso, TX?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
2,730 | 2,726 | -0.1% |
Summary: The El Paso real estate market had 2,726 homes for sale in June 2024, a 0.1% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 6 | -40.0% |
2 Bedrooms | 86 | 83 | -3.5% |
3 Bedrooms | 1,092 | 1,079 | -1.2% |
4 Bedrooms | 1,296 | 1,299 | 0.2% |
5+ Bedrooms | 246 | 259 | +5.3% |
Summary: The El Paso housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 5.3%.
Days on Market for El Paso, TX
How long does it take to sell a home in El Paso, TX?
Average Listing Age
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
119 Days | 82 Days | -31.0% |
Summary: Homes in El Paso had an average listing age of 82 days in Jun 2024, down by 31% compared to the previous year.