New - 20 minutes on Rocket
$3,739 Closing Credit¹
David Torres, Listing Office: International Real Estate
El Paso Housing Market Report December 2024•El Paso County, Texas
Housing Prices in El Paso, TX
How much do homes in El Paso, TX cost?
Median List Price
$264,997$155/SqFt
+$9,529
+3.7%
Based on all homes listed in the last 12 months
Insight
The list price of homes in El Paso has increased by 3.7% since last year.
Summary: The median home list price in El Paso was $264,997 in December 2024, up 3.7% from the previous year, and the median price per square foot was $155.
Median List Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| El Paso Northwest | $318K | $339.3K | +6.7% |
| El Paso | $255.4K | $264.9K | +3.7% |
| Canutillo | $389.9K | $391.3K | 0.3% |
| Sunland Park | $369.9K | $344.5K | -6.9% |
Median List Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $108.4K | $122.3K | +12.9% |
| 22 Bedrooms | $150K | $164K | +9.3% |
| 33 Bedrooms | $224.9K | $235K | +4.4% |
| 44 Bedrooms | $293.9K | $299.9K | +2.1% |
| 55+ Bedrooms | $399.5K | $399.4K | 0.0% |
Summary: El Paso housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +12.9%. The home price for 2 bedroom homes increased by +9.3%. The home price for 3 bedroom homes increased by +4.4%. The home price for 4 bedroom homes increased by +2.1%. The home price for 5 bedroom homes decreased by 0.0%.
Housing supply in El Paso, TX
How many homes are available in El Paso, TX?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2,424Last MonthDec 2024 | ||
| 2,5362 months agoNov 2024 | -4.4 % Change MoMNov – Dec |
Summary: The El Paso real estate market had 2,424 homes for sale in Dec 2024, a 4.4 % decrease compared to Nov 2024.
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 9 | 9 | 0.0% |
| 22 Bedrooms | 80 | 85 | +6.3% |
| 33 Bedrooms | 1,111 | 1,038 | -6.6% |
| 44 Bedrooms | 1,133 | 1,080 | -4.7% |
| 55+ Bedrooms | 203 | 212 | +4.4% |
Summary: El Paso housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +6.3%. The inventory for 3 bedroom homes decreased by -6.6%. The inventory for 4 bedroom homes decreased by -4.7%. The inventory for 5 bedroom homes increased by +4.4%.
Days on Market for El Paso, TX
How long does it take to sell a home in El Paso, TX?
Breakdown of Home Sale Times
Under 30 Days262 Homes
30 – 90 Days128 Homes
Over 90 Days80 Homes
Insight
Many homes in El Paso are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 470 homes were sold in El Paso; 56% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 106 DaysThis YearDec 2024 | ||
| 157 Days1 year agoDec 2023 | -32.4 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in El Paso had an average listing age of 106 days in Dec 2024, down by 32.4% compared to the previous year.
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Newest Listings in El Paso, TX
What homes are available in El Paso, TX?
New - 1 hour on Rocket
$2,968 Closing Credit¹
Robert John Brown, Listing Office: THE WILLIAMS ADVANCED REALTY TEAM (THE WAR TEAM)
New - 2 hours on Rocket
$3,147 Closing Credit¹
Jesus Manuel Flores, Listing Office: 24th&Home LLC
New - 2 hours on Rocket
$10,000 Closing Credit¹
Veronica Ibeth Briseno, Listing Office: ERA Sellers & Buyers Real Esta
New - 2 hours on Rocket
$2,849 Closing Credit¹
Tony Jimenez, Listing Office: Thrive Realty
New - 2 hours on Rocket
$2,434 Closing Credit¹
Steve G Shapiro, Listing Office: Steve Shapiro, REALTOR
New - 3 hours on Rocket
$10,000 Closing Credit¹
Alexander Cordova, Listing Office: JPAR
New - 4 hours on Rocket
$2,232 Closing Credit¹
Alberto Sanchez, Listing Office: Home Pros Real Estate Group
New - 4 hours on Rocket
$3,800 Closing Credit¹
Jorge Orrantia, Listing Office: Keller Williams Realty
New - 4 hours on Rocket
$1,900 Closing Credit¹
Matthew Hoard, Listing Office: Century 21 APD & Associates
New - 4 hours on Rocket
$3,147 Closing Credit¹
Veronica De La Rosa, Listing Office: Coldwell Banker Heritage R E
New - 5 hours on Rocket
$4,311 Closing Credit¹
Lisa Wise, Listing Office: Sandy Messer And Associates
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MLS Disclaimers and Copyright
Based on information from Greater El Paso MLS, and Houston REALTORS® Information Service for the period 01/01/2023 - 01/01/2025
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by other brokerage firms are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurateby the MLS. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright © 2025 The Greater El Paso Association of REALTORS®, MLS Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 1/17/2025, 11:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”. Copyright© 2025 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 1/17/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.