El Paso, TX housing market

Seven monthly indicators for the El Paso, TX metro area, with five years of history and year-over-year change on each. Updated when Zillow Research publishes.

Typical home value

$234,069

+2.2% year over year

As of August 2026

Median sale price

$255,000

+4.1% year over year

As of July 2026

Days to pending

73 days

+7.4% year over year

As of August 2026

Sold above asking

26.7%

+3.2 pts year over year

As of July 2026

Homes for sale

3,359

-15.2% year over year

As of August 2026

New listings

853

-17.8% year over year

As of August 2026

Typical asking rent

$1,525

+3.2% year over year

As of August 2026

What the numbers say

The typical El Paso home is worth $234,069 as of August 2026, up 2.2% from $229,126 a year earlier.

Homes are going under contract in 73 days on average, slower than the 68 days of a year ago. Over the same period the share of sales closing above asking rose to 26.7%.

There are 3,359 homes on the market, fewer than a year ago (-15.2%). New listings are -17.8% year over year.

Asking rents are at $1,525 a month, +3.2% year over year.

Where these figures come from

Every number on this page is Zillow Research metro-level data, ingested directly from the public research files rather than copied from a page. Nothing here is modelled, estimated or adjusted by us. Each metric carries its own release date because Zillow publishes them on separate schedules, and restating a June figure as though it were July would be the only way to make the dates match.

The metro area is broader than the city. El Paso, TX covers the whole statistical area, so a specific neighbourhood or ZIP code can differ from these figures substantially — treat them as the backdrop a local conversation happens against, not as a valuation.

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Frequently asked questions

What is the typical home value in El Paso, TX?

$234,069 as of August 2026, +2.2% year over year. That figure is the Zillow Home Value Index for the El Paso, TX metro area, which covers the middle third of homes whether or not they sold.

How long do homes take to sell in El Paso?

73 days on average from listing to going under contract, as of August 2026. This measures time to pending, not time to closing, so add roughly a month for the escrow period.

Why do the metrics have different dates?

Zillow releases each series on its own schedule. Sale prices and the above-asking share settle roughly a month behind values, inventory and listing counts, because they depend on closed transactions being recorded. Each figure on this page is labelled with the month it belongs to rather than being restated at a common date it was not measured on.

Is this the city or the whole metro area?

The whole metro. Zillow's El Paso, TX figures cover the full statistical area, not the city limits, so an individual neighbourhood can sit well above or below these numbers. For a specific ZIP code the metro figure is a backdrop, not an estimate.

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