El Paso, TX metro area Housing Market
Cold 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: January 2026
Median Sale Price
$270K
↑ 1.9% YoY
Days on Market
72 days
↑ 14.3% YoY
Active Inventory
2,710
↓ 0.2% YoY
Homes Sold
586
↑ 11.0% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
El Paso, TX metro area Market Summary
The El Paso, TX metro area housing market is cooling down. As of January 2026, the median home sale price is $270K, up 1.9% year-over-year. Homes are spending a median of 72 days on the market, 14.3% longer than a year ago.
There are 2,710 homes for sale — 0.2% fewer than last year. With 4.6 months of supply, this is a balanced market. 867 new listings were added during this period, down 13.0% year-over-year.
Homes are selling for 98.4% of their list price on average, suggesting room for negotiation. 19.3% of homes sell above their asking price. 16.1% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
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 36% below the national median, which could indicate stronger cash flow potential.
El Paso, TX metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$286K
Price per Sq Ft
$158
Sale-to-List Ratio
98.4%
Months of Supply
4.6
Sold Above List
19.3%
Price Drops
16.1%
New Listings
867
↓ 13.0% YoY
Pending Sales
842
Off Market in 2 Weeks
22.8%
Other Markets in Texas
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$392K · 85d on market
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$292K · 105d on market
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$409K · 108d on market
Fort Worth, TX metro area
$350K · 71d on market
McAllen, TX metro area
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Lubbock, TX metro area
$240K · 101d 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.