El Paso, TX metro area Housing Market
Cool MarketComprehensive housing market data for the El Paso, TX metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$275K
↑ 4.0% YoY
Days on Market
68 days
↑ 23.6% YoY
Active Inventory
2,625
↓ 8.5% YoY
Homes Sold
816
↑ 9.7% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
El Paso, TX metro area Market Summary
The El Paso, TX metro area housing market is cooling down. As of March 2026, the median home sale price is $275K, up 4.0% year-over-year. Homes are spending a median of 68 days on the market, 23.6% longer than a year ago.
There are 2,625 homes for sale — 8.5% fewer than last year. With 3.2 months of supply, this is a seller's market. 1,090 new listings were added during this period, up 10.1% year-over-year.
Homes are selling for 98.7% of their list price on average, suggesting room for negotiation. 18.1% of homes sell above their asking price. 17.7% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
68
Contributing Factors
How This Market Compares
vs. National Median
vs. Texas Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 37% below the national median, which could indicate stronger cash flow potential.
El Paso, TX metro area Market Trends
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Detailed Market Metrics
Median List Price
$280K
Price per Sq Ft
$163
Sale-to-List Ratio
98.7%
Months of Supply
3.2
Sold Above List
18.1%
Price Drops
17.7%
New Listings
1,090
↑ 10.1% YoY
Pending Sales
1,042
Off Market in 2 Weeks
35.9%
Other Markets in Texas
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$330K · 76d on market
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$400K · 66d on market
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$313K · 104d on market
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Fort Worth, TX metro area
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Killeen, TX metro area
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Lubbock, TX metro area
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McAllen, TX metro area
$257K · 95d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.