Housing in 79922 El Paso, TX is much more affordable than the US median value of $338,100. The median house value in 79922 El Paso, TX is $320,100 which is significantly lower than the national median. However, in the past year housing in 79922 El Paso has appreciated much more than the national average. In the past year the US house appreciation was 8.27%, while it was 18.44% for houses in 79922 El Paso, TX. This quick appreciation makes this area a great option for those looking to purchase a home as an investment or as their primary residence.
The median home cost in El Paso (zip 79922) is $320,100. Home appreciation the last 10 years has been 63.7%. Home Appreciation in El Paso (zip 79922) is up 20.9%.
Average Age of Homes
- The median age of El Paso (zip 79922) real estate is 39 years old
The Rental Market in El Paso (zip 79922)
- Renters make up 12.0% of the El Paso (zip 79922) population
- 0.8% of houses and apartments in El Paso (zip 79922), 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.