El Paso, TX is a great place to consider when looking for a new home. According to recent housing data, the median value of a home in El Paso is currently $214,500 - significantly lower than the US median value of $338,100. In addition, in the last year, El Paso has seen an 18.44% appreciation rate on housing while the US as a whole saw 8.27%. This makes El Paso an attractive option for anyone looking to invest in real estate. This potential appreciation combined with already low values makes El Paso a great choice for families and individuals alike who are searching for their perfect home.
The median home cost in El Paso (zip 79935) is $214,500. Home appreciation the last 10 years has been 63.7%. Home Appreciation in El Paso (zip 79935) is up 20.9%.
Average Age of Homes
- The median age of El Paso (zip 79935) real estate is 41 years old
The Rental Market in El Paso (zip 79935)
- Renters make up 46.6% of the El Paso (zip 79935) population
- 2.3% of houses and apartments in El Paso (zip 79935), 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.