The housing in El Paso, TX (79903) is significantly more affordable than the US average, with a median house value of $148,300 compared to the US median of $338,100. Despite this gap in price, El Paso has seen a much higher appreciation rate over the past year at 18.44%, nearly double the US 1 year appreciation rate of 8.27%. This makes El Paso an attractive place for those looking for an affordable yet rapidly appreciating home.
The median home cost in El Paso (zip 79903) is $148,300. Home appreciation the last 10 years has been 63.7%. Home Appreciation in El Paso (zip 79903) is up 20.9%.
Average Age of Homes
- The median age of El Paso (zip 79903) real estate is 64 years old
The Rental Market in El Paso (zip 79903)
- Renters make up 39.7% of the El Paso (zip 79903) population
- 4.7% of houses and apartments in El Paso (zip 79903), 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.