Housing in El Paso, TX is highly desirable given the median value of $226,600. This is much lower than the U.S. median value of $338,100 and has seen a significantly higher appreciation rate over the past year at 18.44%, compared to 8.27% nationally. El Paso's attractive housing market puts it in high demand with prospective home buyers and investors alike looking to capitalize on this thriving market.
The median home cost in El Paso (zip 79908) is $226,600. Home appreciation the last 10 years has been 63.7%. Home Appreciation in El Paso (zip 79908) is up 20.9%.
Average Age of Homes
- The median age of El Paso (zip 79908) real estate is 13 years old
The Rental Market in El Paso (zip 79908)
- Renters make up 84.2% of the El Paso (zip 79908) population
- 4.7% of houses and apartments in El Paso (zip 79908), 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.