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

+$22,349(+9.4%)

Key Takeaway

The list price of homes in El Paso has increased by 9.4% since last year.

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

# BEDSApr 2023Apr 2024CHANGE
1 $88K$124.9K
+42.0%
2 $140.5K$155K
+10.3%
3 $206.2K$229.6K
+11.3%
4 $281.1K$295.1K
+5.0%
5+ $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
+9.4%
El Paso Northwest
+7.3%
Canutillo
+2.7%
Sunland Park
-5.9%

Housing Supply in El Paso, TX

How many homes are available in El Paso, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2,2822,502+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

# BEDSMar 2024Apr 2024CHANGE
1 87
-12.5%
2 8489
+6.0%
3 931974
+4.6%
4 1,0431,195
+14.6%
5+ 216237
+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 2023Apr 2024CHANGE
124 Days81 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in El Paso, TX

Nearby Markets to El Paso, TX

What housing markets are near El Paso, TX?