Housing Prices in El Paso, TX
How much do homes in El Paso, TX cost?
Median List Price
$259,196
$149/sqft
Based on all homes listed in the last 12 months.
Difference Since February 2023
Summary: The median home list price in El Paso was $259,196 in February 2024, up 12.6% from the previous year, and the median price per square foot was $149.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | $124.9K | +56.2% |
2 Bedrooms | $138.2K | $154.7K | +11.9% |
3 Bedrooms | $199.9K | $225.5K | +12.8% |
4 Bedrooms | $278.5K | $294.6K | +5.8% |
5+ Bedrooms | $379.4K | $408.1K | +7.6% |
Summary: El Paso housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56.2%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 7.6%.
Median List Price Compared To Nearby Cities
El Paso | $230.1K | $259.1K | +12.6% |
El Paso Northwest | $289K | $314.9K | +9.0% |
Canutillo | $340K | $359.2K | +5.7% |
Sunland Park | $399.9K | $394.9K | -1.3% |
Housing Supply in El Paso, TX
How many homes are available in El Paso, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
2,186 | 2,287 | +4.6% |
Summary: The El Paso real estate market had 2,287 homes for sale in February 2024, a 4.6% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 8 | 0.0% |
2 Bedrooms | 80 | 85 | +6.3% |
3 Bedrooms | 907 | 931 | +2.6% |
4 Bedrooms | 1,006 | 1,060 | +5.4% |
5+ Bedrooms | 185 | 203 | +9.7% |
Summary: The El Paso housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 5.4%, 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
136 Days | 93 Days | -32.0% |
Summary: Homes in El Paso had an average listing age of 93 days in Feb 2024, down by 32% compared to the previous year.