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 13 Days Ago

Newest Listings in El Paso, TX

Nearby Markets to El Paso, TX

What housing markets are near El Paso, TX?