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
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.