Zip 79938 (El Paso, TX) Housing

El Paso, TX (79938) is an area where the median value of housing is $218,800 which is lower than the US House Median Value of $338,100. Despite this difference in prices, El Paso has seen a much higher appreciation over the past year at 18.44%, compared to the US 1 year House Appreciation rate of 8.27%. This indicates that housing in El Paso is rising more quickly than in other parts of the country and could be a great investment for those looking to purchase or invest in real estate.

The median home cost in El Paso (zip 79938) is $218,800. Home appreciation the last 10 years has been 63.7%. Home Appreciation in El Paso (zip 79938) is up 20.9%.

Average Age of Homes

- The median age of El Paso (zip 79938) real estate is 11 years old

The Rental Market in El Paso (zip 79938)

- Renters make up 20.9% of the El Paso (zip 79938) population
- 2.4% of houses and apartments in El Paso (zip 79938), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	El Paso, Texas	United States
	27,863.0	139,647,020.0
	13	42
	$218,800	$338,100
	20.9%	16.6%
	54.6%	57.0%
	63.7%	101.1%
	$24.90	$10.98
	$3,946	$2,690
	74.5%	57.4%
	5.2%	11.2%
	20.4%	31.4%
Vacant Housing
	2.4%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	0.2%	0.4%
	0.6%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	2.9%	2.6%
	1.9%	2.4%
	1.8%	2.8%
	1.8%	3.9%
	5.0%	4.5%
	29.3%	11.3%
	33.7%	13.0%
	18.5%	20.1%
	3.7%	13.6%
	0.6%	8.3%
	0.3%	9.7%
	0.1%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	36.6%	13.6%
	36.6%	13.6%
	12.2%	13.6%
	3.8%	13.2%
	2.3%	14.8%
	12.2%	13.6%
	0.1%	10.0%
	0.5%	4.7%
	0.8%	12.2%

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