Zip 79902 (El Paso, TX) Housing

The housing market in El Paso, TX 79902 is significantly stronger than the national average. The median value of houses in this area is $233,400, almost one-third lower than the US median of $338,100. Over the past year house appreciation has been 18.44%, nearly double the national median of 8.27%. This indicates that El Paso may be an up-and-coming market with good potential for investment and a strong local housing market.

The median home cost in El Paso (zip 79902) is $233,400. Home appreciation the last 10 years has been 63.7%. Home Appreciation in El Paso (zip 79902) is up 20.9%.

Average Age of Homes

- The median age of El Paso (zip 79902) real estate is 62 years old

The Rental Market in El Paso (zip 79902)

- Renters make up 51.7% of the El Paso (zip 79902) population
- 5.9% of houses and apartments in El Paso (zip 79902), 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
	9,951.0	139,647,020.0
	64	42
	$233,400	$338,100
	20.9%	16.6%
	54.6%	57.0%
	63.7%	101.1%
	$20.05	$10.98
	$3,817	$2,690
	34.7%	57.4%
	12.3%	11.2%
	52.9%	31.4%
Vacant Housing
	5.9%	1.9%
	0.2%	0.4%
	0.1%	0.7%
	1.2%	0.4%
	2.0%	3.6%
	3.1%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	0.7%	2.4%
	1.0%	2.8%
	6.7%	3.9%
	6.8%	4.5%
	15.0%	11.3%
	23.0%	13.0%
	19.1%	20.1%
	11.9%	13.6%
	4.9%	8.3%
	5.8%	9.7%
	4.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.4%	13.6%
	2.4%	13.6%
	4.8%	13.6%
	7.8%	13.2%
	13.0%	14.8%
	4.8%	13.6%
	16.0%	10.0%
	6.7%	4.7%
	32.5%	12.2%

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