Housing in El Paso, TX (79928) is quite affordable when compared to the national average. The median value for housing in El Paso is $223,700 - significantly lower than the US median of $338,100. Furthermore, the 1 year house appreciation rate in El Paso is 18.44%, which is substantially higher than the US average of 8.27%. This suggests that while housing in El Paso is already a great deal for buyers, it鈥檚 likely to only increase in value over time.
The median home cost in El Paso (zip 79928) is $223,700. Home appreciation the last 10 years has been 63.7%. Home Appreciation in El Paso (zip 79928) is up 20.9%.
Average Age of Homes
- The median age of El Paso (zip 79928) real estate is 15 years old
The Rental Market in El Paso (zip 79928)
- Renters make up 16.0% of the El Paso (zip 79928) population
- 0.7% of houses and apartments in El Paso (zip 79928), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.