Housing Prices in El Paso, TX

How much do homes in El Paso, TX cost?

Median List Price

$265,543

$155/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$11,241(+4.4%)

Key Takeaway

The list price of homes in El Paso has increased by 4.4% since last year.

Summary: The median home list price in El Paso was $265,543 in October 2024, up 4.4% from the previous year, and the median price per square foot was $155.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $102.4K$125K
+22.0%
2 $149.9K$160K
+6.7%
3 $224.9K$234.9K
+4.4%
4 $289.7K$299.9K
+3.5%
5+ $392.6K$406.4K
+3.5%

Summary: El Paso housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 3.5%.

Median List Price Compared To Nearby Cities

El Paso Northwest
+5.3%
El Paso
+4.4%
Canutillo
+1.3%
Sunland Park
-7.9%

Housing Supply in El Paso, TX

How many homes are available in El Paso, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2,6432,714+2.7%

Summary: The El Paso real estate market had 2,714 homes for sale in October 2024, a 2.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1314
+7.7%
2 8288
+7.3%
3 1,0881,147
+5.4%
4 1,2471,246
-0.1%
5+ 213219
+2.8%

Summary: The El Paso housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes increased by 2.8%.

Days on Market for El Paso, TX

How long does it take to sell a home in El Paso, TX?

Average Listing Age

Oct 2023Oct 2024CHANGE
149 Days92 Days-38.2%

Summary: Homes in El Paso had an average listing age of 92 days in Oct 2024, down by 38.2% compared to the previous year.

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

Report Updated 20 Days Ago

Newest Listings in El Paso, TX

Nearby Markets to El Paso, TX

What housing markets are near El Paso, TX?