El Paso, TX is a great place to call home. According to recent data, the median value of housing in El Paso is $141,800 which is much lower than the US House Median Value of $338,100. The good news is that in the past year there has been an impressive 18.44% appreciation rate for homes compared to the 8.27% appreciation rate nationwide. This makes El Paso an attractive city for those looking to invest in real estate or buy a home.
The median home cost in El Paso (zip 79915) is $141,800. Home appreciation the last 10 years has been 63.7%. Home Appreciation in El Paso (zip 79915) is up 20.9%.
Average Age of Homes
- The median age of El Paso (zip 79915) real estate is 55 years old
The Rental Market in El Paso (zip 79915)
- Renters make up 41.7% of the El Paso (zip 79915) population
- 2.7% of houses and apartments in El Paso (zip 79915), 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.