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El Paso housing market: home prices, trends and forecast

El Paso home prices: the Zillow Home Value Index put the typical home in El Paso, Texas at $237,556 in September 2026. That was +2.6% on a year earlier and its highest month on record.

Value of a typical home
$237,556
September 2026, Zillow ZHVI
Change over 12 months
+2.6% compared with September 2025.
Change over 10 years
+76.3% compared with September 2016.
Since 2000, the multiple
From $99,267, the multiple is ×2.4.
Time on the market
66
Realtor.com, El Paso, TX metro.

El Paso home prices since 2000

El Paso is the steel line, and the United States is the grey one. From January 2000 onward, the typical El Paso home rose from $99,267 to $237,556, ×2.39, while the US over the same months rose ×2.99. Boom-era prices peaked at $147,094 in December 2007, while the low of $128,307 arrived in December 2013, −12.8%.

$50k$100k$150k$200k$250k$300k$350k$400k200020052010201520202025Jan 2000 · $99,267$366,157$237,556Sep 2026El PasoUnited States$50k$100k$150k$200k$250k$300k$350k$400k200020102020Jan 2000 · $99k$366k$238kSep 2026
Zillow Home Value Index values for a typical home, smoothed and seasonally adjusted. Source: Zillow Research data.
January 2000 · $99,267

El Paso median home price by year

Each year is averaged from its twelve monthly values, and 2026 covers the latest month.

YearEl PasoChange on the yearUnited States
2000$98,934$125,745
2001$95,799−3.2%$134,899
2002$95,396−0.4%$144,276
2003$98,393+3.1%$155,308
2004$106,402+8.1%$169,891
2005$115,036+8.1%$189,732
2006$127,553+10.9%$206,531
2007$142,278+11.5%$208,449
2008$141,888−0.3%$195,574
2009$136,553−3.8%$177,542
2010$136,5530%$171,462
2011$133,561−2.2%$162,508
2012$130,473−2.3%$161,137
2013$129,567−0.7%$171,420
2014$129,501−0.1%$182,996
2015$131,448+1.5%$192,738
2016$134,243+2.1%$204,509
2017$138,804+3.4%$216,767
2018$141,085+1.6%$230,541
2019$144,441+2.4%$242,088
2020$152,941+5.9%$257,151
2021$174,043+13.8%$295,959
2022$201,316+15.7%$340,014
2023$218,000+8.3%$348,160
2024$228,579+4.9%$359,751
2025$231,608+1.3%$362,959
September 2026$237,556+2.6%$366,157

What a home bought in El Paso in any year is worth now

An estimate drawn from the index for a typical home; it is not an appraisal.

Each year averages its twelve monthly index values, and the current value is September 2026. See also: home appreciation calculator.

Are you thinking of selling? Compare local agents at Realtor.com. Advertising disclosure: this site may receive payment for a link like this one; no number changes because of it. Disclosure.

El Paso housing market forecast

Zillow's forecast puts the El Paso, TX metro at +2.3% over the 12 months starting in September 2026. Over the next three months, the figure is +1.0%. With El Paso's typical value at $237,556, applying the forecast would put it at a level near $243,000 after a year.

What appears here restates Zillow's central estimate for the metro, and no forecast of its own is published here. Forecasts like this one, over 12 months, have usually been off by several percentage points from the realised change, in both directions. This is not investment advice.

All metro forecasts sit in one table: housing market forecast.

El Paso housing market crash risk score

29 out of 100, moderate

The ranking sets El Paso beside the 292 cities, using five conditions that had run high before earlier price falls. Every input gets a score from 0 to 100 when set beside the other cities; the five are then averaged with equal weight. It shows conditions as they are now, and it makes no prediction of a crash.

InputValueSub-scoreWeight
Active listings vs 2019−3.5%3720%
Time on the market vs 2019+1.5%4420%
Price-to-rent ratio13.11220%
Price-to-income ratio4.02720%
12-month price change+2.6%2320%

This is not investment advice. The scoring method: methodology. Every one of the 292 cities ranked: crash risk by city.

El Paso inventory and days on market

In September 2026 the El Paso, TX metro counted 2,520 homes for sale. That is −17.2% on a year earlier, while the gap against the same month of 2019 was −3.5%. The median time to sell a listing was 66 days (+1.5% against 2019), and price cuts showed up on 12.7% of listings.

El Paso, TX metro, September 2026ValueOn a year
Active listings2,520−17.2%
New listings758
Median days on market66−10.8%
Median list price$314,987+6.0%
Share with a price cut12.7%

Metro inventory comes from Realtor.com® Economic Research. Realtor.com data For every metro, see days on market by city.

Living costs in El Paso

Asking rent in El Paso typically runs $1,508 a month, +3.4% on a year, by the Zillow Observed Rent Index. A typical home equals 13.1 years of that rent. Households have a median income of $59,932 (Census ACS 2024), so a typical home costs 4.0 times a year's income. By BEA, metro prices stand at 89.9 where the US average is 100, and housing costs come to 71.2.

Rent, prices and the salary you would need to move there: El Paso cost of living.

Other Texas housing markets

For the whole state: Texas housing market.

How to read this chart

Each point plots the Zillow Home Value Index for El Paso: a typical home from the middle third of the market, with the series smoothed and seasonally adjusted, valued in that month's dollars. A hollow dot shows which month the slider sits on, and a terracotta dot shows the most recent one. No inflation adjustment is applied to these numbers, and an index tracks the typical home rather than one specific house: to value a single home, take its own sale price, then use the card above it, or else the home appreciation calculator.