El Paso Metro Area, TX Housing

The housing market in El Paso, TX Metro Area is growing at a faster rate than the US housing market. The median value of homes in this area is $198,800 compared to the US median of $338,100. Furthermore, the one-year appreciation of homes in El Paso is 16.36%, much higher than the national average of 8.27%. This indicates that there is significant growth occurring in the area, likely due to increased population and job opportunities. As such, now may be an ideal time to invest in real estate in this region.

The median home cost in El Paso Metro Area is $198,800. Home appreciation the last 10 years has been 65.8%. Home Appreciation in El Paso Metro Area is up 20.8%.

Average Age of Homes

- The median age of El Paso Metro Area real estate is 34 years old

The Rental Market in El Paso Metro Area

- Renters make up 35.2% of the El Paso Metro Area population
- 3.3% of houses and apartments in El Paso Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	El Paso, Texas	United States
	315,331.0	139,647,020.0
	35	42
	$198,800	$338,100
	20.8%	16.6%
	55.1%	57.0%
	65.8%	101.1%
	$23.02	$10.98
	$3,023	$2,690
	57.9%	57.4%
	8.3%	11.2%
	33.8%	31.4%
Vacant Housing
	3.3%	1.9%
	0.5%	0.4%
	1.0%	0.7%
	0.4%	0.4%
	1.0%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	3.5%	2.6%
	2.3%	2.4%
	3.1%	2.8%
	7.2%	3.9%
	13.7%	4.5%
	29.6%	11.3%
	20.0%	13.0%
	13.5%	20.1%
	4.1%	13.6%
	1.4%	8.3%
	0.9%	9.7%
	0.4%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	15.8%	13.6%
	15.8%	13.6%
	14.1%	13.6%
	14.5%	13.2%
	15.2%	14.8%
	14.1%	13.6%
	9.4%	10.0%
	3.3%	4.7%
	4.3%	12.2%

Reviews for El Paso

See all (0)

Write a Review

Start Your Review of El Paso

Commute