Episode 07

El Paso market trends

Median price, days on market & inventory · data through August 2026

Aerial view of a west side El Paso neighborhood below the Franklin MountainsWest El Paso

How is the El Paso real estate market?

El Paso's median sale price is $293K as of August 2026, up 4.9% from a year earlier. Homes are averaging 61 days on market, with 695 sales closing in the latest month. Resale sellers got 97.5% of their original asking price. Measured against the final list price instead, after any price cuts, the same sales read 98.8%. Citywide supply is running at 3.7 months of inventory. Under six months of supply is generally read as a seller-leaning market. Those are metro-wide figures, and El Paso is not one market: the area you pick moves the number more than the citywide average does.

$293K

Median sale price

All El Paso, latest month

61 days

Days on market

695

Homes sold

97.5%

Of original asking price

Resale homes, price cuts included

How the El Paso market is moving

8,827

Homes sold, past year

3.7

Months of inventory

78

Median days from listing to close

Based on 8,827 homes sold across El Paso in the 12 months to October 2, 2026, from the El Paso MLS.

$254K$266K$279K$291K$304KJan 25May 25Sep 25Jan 26May 26Aug 26

Median price · All El Paso · range $265K–$293K

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Frequently asked questions

What is the median home price in El Paso?

As of August 2026, the median sale price in El Paso is $293K, based on closed MLS sales across the metro. Prices vary a lot by area, so the neighborhood you pick matters more than the citywide number.

How long does it take to sell a house in El Paso?

Homes in El Paso are averaging 61 days on market as of August 2026, with 695 homes closing in the latest month. Well-priced homes in popular areas move faster than that; overpriced homes sit well past it.

Is El Paso a buyer's or seller's market right now?

Resale sellers are currently getting 97.5% of their original asking price on average, price cuts included. That is a roughly balanced market with a slight edge to sellers. Days on market is the other tell: under about 30 days favors sellers, over 60 favors buyers.

What are the most and least expensive areas of El Paso?

Lower Valley is currently the most affordable area at a $174K median sale price, while West / Upper Valley tops the market at $414K. Every area page on this site breaks down prices, schools, and what your money buys there.

Where does this market data come from?

Closed-sale data from the Greater El Paso Association of REALTORS MLS, compiled and updated monthly by Peña El Paso Realty Group. The original-asking-price figure is our own calculation: every resale single-family home that closed in the month, its sale price divided by the price it first listed at, averaged. Data runs through August 2026.

Source: Greater El Paso MLS (GEPAR) - FlexMLS Sold Market Analysis, Single Family Residence. Aggregated from per-ZIP data via PEPRG ZIP-to-Area map. Notes: Feb 2026 medianPrice was sourced from Sales Statistics by Zip Code (all-residential) since the Sold Market Analysis median column was not enabled for that pull; Mar 2026 onward uses Sold Market Analysis median (SFR-only). May 2026 entry refreshed to full-month (5/1-5/31) on 2026-06-10 (was partial through 5/11). medianPrice for multi-zip areas is weighted by homesSold across constituent zips (approximation; per-area filtered FlexMLS reports would give a true median). New Mexico (Santa Teresa 88008 + Sunland Park 88063, SFR) seeded 2026-06-20 from a 2026 year-to-date pull (1/1/2026-6/20/2026), homesSold-weighted across the two zips; it is a single YTD data point (NOT a calendar month like the El Paso series) and is deliberately excluded from the El Paso submarket breakdown table until it accrues true monthly data. June 2026 appended 2026-07-04 from the 6/1/2026-6/30/2026 Sold Market Analysis (SFR, report dated 7/4/2026), homesSold-weighted per the same ZIP-to-Area map (northeast 79904/79924/79934; east 79925/79935/79936; far-east 79938; horizon-socorro 79927/79928; west-upper-valley 79911/79912/79922/79932; lower-valley 79905/79907/79915; central-downtown 79901/79902/79903/79930). July 2026 appended 2026-08-03 from the 7/1/2026-7/31/2026 Sold Market Analysis (SFR, report dated 8/3/2026), homesSold-weighted per the same ZIP-to-Area map. Note: the July report prints 79934 Percent-of-List at 115 (new-construction-heavy ZIP); taken as-is pending verification, it drives the elevated northeast (1.06) and all-el-paso (1.02) listToSaleRatio this month. July 2026 refreshed 2026-08-05 from the 8/5 re-export (report dated 8/5/2026): 5 late-recorded closings (79938 x2, 79928, 79907, 79915) landed after the 8/3 pull; 79934's Percent-of-List remained 115, corroborated as a builder-closing pattern by 79928 printing 104 (the metro's two new-construction ZIPs are the only ones above 100). August 2026 appended 2026-09-01 from the 8/1/2026-8/31/2026 Sold Market Analysis (SFR, report dated 9/1/2026), homesSold-weighted per the same ZIP-to-Area map. The citywide listToSaleRatio returned to 0.99: 79934 printed 100 and 79928 printed 99, so July's builder-driven 1.02 did not repeat. Aggregation re-verified against this report's Last-Year columns: northeast and east reproduce the stored 2025-08 rows exactly; the stored central-downtown and lower-valley 2025-08 rows were built with 79905 in central-downtown (the current map places it in lower-valley), so year-over-year reads for those two areas against 2025 months carry that ZIP difference. Resale sale-to-original-list (resaleHomesSold, resaleSaleToListRatio, resaleSaleToOriginalListRatio) added 2026-09-17 for every El Paso area, 2025-01 onward: a FlexMLS closed search (Single Family Residence, New Home or Resale = Resale, one calendar month by sold date) returns each sale's sold, list and original list price; each sale's ratio is averaged per area over the same ZIP-to-Area map, all-el-paso being the union of the mapped ZIPs, so its count differs from homesSold (new builds out, unmapped ZIPs out). listToSaleRatio (the Sold Market Analysis Percent-of-List) was confirmed the same day to be sale price over the FINAL list price, truncated to a whole percent. Median and average prices reflect closed sales. Data through August 2026.