El Paso Home Prices: Explosive Growth Or Market Correction? Our Analysis

Verkkoget a snapshot of el paso’s housing market and learn how real estate trends can impact the home buying or selling process. Verkkohome prices in el paso have been increasing. Verkkothe el paso housing market area (hma) is coterminous with the el paso, tx metropolitan statistical area (msa) and includes el paso and hudspeth counties in.

Verkkoel paso realtors association data show home prices in el paso declined almost 3% from august's median price of $247,000 to october's $240,000. The median home sold price in el paso was $118,000 in august 2024, down 50. 7% from last year, and the median price per square foot was $81. Verkkothe average home value in el paso, tx is $224,150, up 4. 5% over the past year. Learn more about the el paso housing market and real estate trends.