Is El Paso, TX 79928 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

El Paso is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score46/ 100

More competitive than 46% of U.S. ZIP codes, and #82 of 868 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.4Under 4 months = seller’s market
Sold above original list29.8%Share of sales, last 3 months
Median sale-to-list99.6%Sold price ÷ list price
Median days on market84Listing to accepted offer
Median price per sq ft$169▲ +0.5% vs. last year

The El Paso housing market right now

In the three months ending August 31, 2026, 30% of homes in El Paso, TX 79928 sold above their list price, the typical home went under contract in 84 days and there were 4.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 582 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 24%, homes sold more slowly (79 days then) and the median sale price rose 5% to $304,318. Overall, El Paso 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 80%. On our competition score, El Paso ranks #82 of 868 TX ZIP codes with enough sales (score 46 out of 100).

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.

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 →

Where El Paso is

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Questions about El Paso real estate

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

A balanced market: there were 4.4 months of supply in El Paso, TX 79928 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 El Paso?

The typical home went under contract in 84 days in the latest three months.

Do homes in El Paso sell over asking?

30% of homes sold above their original list price, and the typical sale closed at 99.6% of the list price.

What are property taxes in El Paso?

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 El Paso?

The median sale price was $304,318 in the three months ending August 31, 2026, about $169 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