Is Fabens, TX 79838 a buyer’s or seller’s market?
Fabens is a seller’s market. With about 2.7 months of supply and 29% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Fabens housing market right now
In the three months ending August 31, 2026, 29% of homes in Fabens, TX 79838 sold above their list price, the typical home went under contract in 84 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (94 days then) and the median sale price fell 47% to $154,933. Overall, Fabens is more competitive than a year ago, so tougher for buyers.
Within El Paso County, homes here sell more slowly than in 88% of the county’s ZIP codes, and sell more often over asking than in 72%.
Nearby, buyers who want less competition could look at El Paso 79901 (0% sold over asking) or Tornillo 79853 (0% sold over asking), while San Elizario 79849 (60% sold over asking) and Clint 79836 (45% sold over asking) are even more competitive.
Run the numbers for 79838
Nearby markets
Anthony 79821Seller’s market $179 /sq ftCanutillo 79835Buyer’s market $168 /sq ftClint 79836Buyer’s market $167 /sq ftEl Paso 79901Buyer’s market $70 /sq ft Browse all markets →Towns like Fabens nearby
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Questions about Fabens real estate
Is Fabens a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Fabens, TX 79838 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Fabens?
The typical home went under contract in 84 days in the latest three months.
Do homes in Fabens sell over asking?
29% of homes sold above their original list price, and the typical sale closed at 98.3% of the list price.
What are property taxes in Fabens?
About 2.03% of a home’s value a year in El Paso County, or roughly $8,120 on a $400,000 home.
What is the median home price in Fabens?
The median sale price was $154,933 in the three months ending August 31, 2026, about $130 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology