El Paso, TX Housing Market Report

The El Paso housing market as of December 2025 is characterized by a shift toward a more balanced environment, moving away from the rapid appreciation seen in previous years. With a median home value of $229,250 and a sale-to-list ratio of exactly 1, the market is currently in a state of equilibrium where buyers are generally paying the asking price, but not significantly more. The most notable shift is the 13.9% year-over-year increase in active inventory, which now stands at 3,442 units. This surge in available homes, combined with an average of 88 days on the market, suggests that buyers have more leverage and selection than they did a year ago.

Price trends over the last six months indicate a period of extreme stability followed by a slight upward nudge in the final quarter of the year. After hovering near the $228,400 mark during the summer, values began a modest climb in October, ending the year with a 0.81% annual increase. This slow but steady growth reflects El Paso's reputation as one of the most affordable and resilient metro areas in Texas. While other major Texas hubs have seen more volatile price corrections, El Paso’s market remains anchored by steady demand from the military community at Fort Bliss and a consistent influx of regional buyers attracted to the low cost of living.

Looking ahead, the El Paso market is expected to remain a safe haven for conservative real estate investment. For sellers, the increase in days on the market means patience is required; homes are no longer selling in a matter of days, and properties must be priced accurately to compete with the growing inventory. For buyers, the current conditions offer a rare window of opportunity to negotiate on repairs or closing costs without the pressure of intense bidding wars. As long as inventory continues to climb faster than demand, the market will likely continue to favor a balanced approach, making it an ideal time for first-time buyers to enter the market before any potential interest rate shifts trigger renewed competition.