The housing market in 79907 El Paso, TX has been on the rise recently, with a median value of $149,300. This is significantly lower than the US median house value of $338,100. However, the 1 year appreciation rate of 18.44%, which is more than double the national rate of 8.27%, shows that housing prices are increasing over time in 79907 El Paso, TX. With an increasingly attractive housing market and plenty of other amenities and attractions to draw people in, 79907 El Paso, TX appears to be an attractive place for potential home buyers looking for a new place to live.
The median home cost in El Paso (zip 79907) is $149,300. Home appreciation the last 10 years has been 63.7%. Home Appreciation in El Paso (zip 79907) is up 20.9%.
Average Age of Homes
- The median age of El Paso (zip 79907) real estate is 40 years old
The Rental Market in El Paso (zip 79907)
- Renters make up 37.2% of the El Paso (zip 79907) population
- 2.6% of houses and apartments in El Paso (zip 79907), 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.