The housing market in El Paso, CO County has been strong in recent years, with the median value of a house being $456,200. This is much higher than the US median house value of $338,100 and it has seen an even stronger appreciation rate at 10.33%, compared to 8.27% nationally. With such strong numbers and growth in the housing market, El Paso is an attractive place for those looking for a new home or investment property.
The median home cost in El Paso County is $456,200. Home appreciation the last 10 years has been 138.5%. Home Appreciation in El Paso County is up 14.3%.
Average Age of Homes
- The median age of El Paso County real estate is 32 years old
The Rental Market in El Paso County
- Renters make up 34.4% of the El Paso County population
- 1.2% of houses and apartments in El Paso County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.