Homes in el paso have sold for 50. 7% less than they did a year ago. The median home sold price in el paso was $118,000 in august 2024,. Verkkothe table below summarizes the most important housing market indicators for the el paso, tx metro in 2023:q4. Specifically, the chart ranks the el paso, tx metro. Verkkothe el paso housing market area (hereafter, el paso hma), in far west texas on the border of mexico and new mexico, is coterminous with the el paso, tx metropolitan. Verkkoel paso, tx is a buyer's market in july 2024, which means that the supply of homes is greater than the demand for homes. On average, homes in el paso, tx sell after 62. Verkkothe rental housing market in the hma is currently balanced, with a 6. 1 percent vacancy rate, up from 4. 4 percent during 2010. The apartment market is also. 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. 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. Current local economic conditions support an estimated 11. 7% increase.
