The El Paso housing market continues to demonstrate resilience and growth, driven by affordability, steady demand, and limited inventory. Here’s a snapshot of the current landscape:
Key Market Indicators
- Median Listing Price: Approximately $250,000, reflecting a 4.2% year-over-year increase.
- Median Sale Price: Around $243,000, indicating a balanced market with active negotiations.
- Price Per Square Foot: $143, remaining below the Texas average, offering value to buyers.
- Average Days on Market: 38 days, suggesting properties are moving swiftly due to buyer urgency.
- Homes Selling Above List Price: Approximately 33.8%, highlighting competitive bidding in desirable areas.
Inventory and Demand
As of April 2025, there were 2,827 homes for sale in El Paso, marking a 7.9% increase from the previous month. Notably, the inventory for 3-bedroom homes rose by 8.4%, and 4-bedroom homes by 9.2%, catering to the needs of growing families. Rocket – Help Everyone Home
Market Highlights
- Affordability: El Paso’s housing costs remain significantly lower than the national average, attracting both first-time buyers and investors.
- Economic Stability: The city’s diversified economy, bolstered by military and logistics sectors, supports sustained real estate demand.
- Investor Interest: Consistent rental performance and moderate appreciation continue to draw investor attention.
Looking Ahead
Forecasts suggest a steady, moderate growth trajectory for El Paso’s housing market into 2026. While affordability remains a strength, ongoing supply challenges and rental demand will influence price dynamics and investment returns. Ready to find your perfect home? Simply enter your contact information in the form below, and let’s get the process started!
