El Paso, TX

Population: 675,536
Average annual home appreciation rate: 2.46%
Total of homes for sale in this market:
Median home price: $106,671
Median Rent: $555 per room
Home price range: 44.43% of homes are between $97,001 – $193,000
Median sales price:
Number of homes:
Median foreclosure sales price:
Foreclosure discount:
Most common home type: 67.44% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 7.44%
Number of renters: 38.68%
Number of owner occupied: 61.33%
Number people living below poverty level: 23.30%
Unemployment rate: 7.50%
Is this area perfect for real estate deals going on right now? Relative to Texas, our data show that El Paso’s latest annual appreciation rate is lower than 70% of the other cities and towns in Texas. Data shows the appreciation rate in the last 5 years has been down but, has started on the incline in the latest quarter. There is always opportunity for savvy real estate investors in a market that has been ‘down’ for some time.

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