RealTrends Market Report

El Paso, TX

Single-Family Homes

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El Paso, TX

Sat May 31 2025
This week the median list price for El Paso, TX is $299,500 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has held steady at or around 2,692. Click here to stay informed with the El Paso market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

El Paso, TX

Sat May 31 2025
This week the median list price for El Paso, TX is $299,500 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has held steady at or around 2,692. Click here to stay informed with the El Paso market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the El Paso market.
Median List Price $299,500
Median Price of New Listings $269,500
Per Square Foot $167
Average Days on Market 120
Median Days on Market 70
Price Decreased 23%
Price Increased 9%
Relisted 7%
Inventory 2,692
Median Rent
Market Action 38
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$444,950 2,655 6,500 - 8,000 sqft 4 3 4 37 51 84
$331,450 1,964 4,500 - 6,500 sqft 4 3 1 33 53 84
$277,950 1,632 4,500 - 6,500 sqft 4 2 1 38 59 84
$219,999 1,371 4,500 - 6,500 sqft 3 2 40 89 77 35