In El Paso, TX the median housing value is $164,300, which is lower than the US House Median Value of $338,100. Although the national house appreciation rate in the past year has been 8.27%, homes in El Paso have appreciated at a rate of 18.44%. This makes purchasing a home in El Paso an affordable option for many potential home buyers looking to invest in real estate and benefit from rising values.
The median home cost in El Paso (zip 79924) is $164,300. Home appreciation the last 10 years has been 63.7%. Home Appreciation in El Paso (zip 79924) is up 20.9%.
Average Age of Homes
- The median age of El Paso (zip 79924) real estate is 43 years old
The Rental Market in El Paso (zip 79924)
- Renters make up 32.6% of the El Paso (zip 79924) population
- 2.8% of houses and apartments in El Paso (zip 79924), 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.