Market report · TX

El Paso, TX

Balanced's market

Cash-flow-friendly fundamentals: 7.4% gross rent yield and 47% of sales closing below list make El Paso a steady BRRRR and rental market.

DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026

$236k
Typical home value
↑8.8%
+1.5%
YoY change
$1,464
Median rent
↑7.4%
7.44%
Gross yield
35
Median DOM
68/100
MDR score
Detail Value Detail Value
Median list price $299,508 Median sale price $248,333
Sale-to-list ratio 1.000 % sold below list +47.0%
Active inventory 3,016 New listings 735
Trends · 36-month series

How El Paso has moved.

Typical home value $217k → $236k · ↑8.8% (36mo)
$217k $223k $230k $236k May 23Nov 24Apr 26
Median rent (ZORI) $1k → $1k · ↑7.4% (36mo)
$1k $1k $1k $1k May 23Nov 24Apr 26
Median days on market 56d → 35d · ↓37.7% (36mo)
35d 42d 49d 56d Feb 26Mar 26Apr 26
Sale-to-list ratio 1.000 → 1.000 · ↑0.0% (36mo)
1.000 1.333 1.667 2.000 Jan 26Feb 26Mar 26

El Paso sits at a median home value of $235,994 as of the latest Zillow read, essentially flat year-over-year, which historically is the most workable environment for disciplined wholesalers.

The sale-to-list ratio of 1.000 signals a balanced market — neither bid wars nor fire sales dominate. 47.0% of closings land below list, leaving room to negotiate on the right deal but no broad discount across the board.

Rents tell a stronger story. The Zillow Observed Rent Index for El Paso is $1,464/mo against a $236k median — that’s a 7.44% gross annual rent yield, well above the national 4-5% baseline. BRRRR and long-term rental strategies have real cushion here.

Median days-on-market is running around 35 days against 3,016 active listings. Pace is moderate — neither chaos nor stagnation. Standard wholesaling cadences work here.

MDR’s composite investor score for El Paso is 68/100 based on rent yield, sale-to-list discount, motivated-seller proxies, and DOM. Solid mid-tier. A disciplined operator can build a real book here; a tourist will get hurt.

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FAQ

El Paso for investors.

Is El Paso a good market for real estate investors in 2026?

Metro Deal Report's composite investor score for El Paso is 68/100, based on rent yield, sale-to-list ratio, motivated-seller proxies, and days on market. El Paso is a solid mid-tier market — workable for disciplined operators but not a top-of-list pick.

What is the median home price in El Paso?

The typical home value in El Paso as of the most recent Zillow read is $235,994. Median list price is $299,508 and median sale price is $248,333. Year-over-year change: +1.5%.

What can a landlord expect to rent a property for in El Paso?

Zillow's Observed Rent Index for El Paso is $1,464/mo. Against the typical home value of $236k, that produces a gross annual rent yield of 7.44% — above the national 4-5% baseline, supportive of BRRRR and long-term rental strategies.

Is El Paso a buyer's or seller's market?

El Paso's current sale-to-list ratio is 1.000 with 47.0% of homes closing below list. That's a balanced market — neither side dominates. Median days on market: 35 days. Active inventory: 3,016 listings.

Which investment strategy works best in El Paso?

El Paso's data favors BRRRR and long-term rentals — strong gross yield with stable to appreciating prices. See the per-strategy breakdowns at /wholesaling/el-paso, /brrrr/el-paso, and /flipping/el-paso.

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