El Paso, TX 79936 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Key Findings

1. The primary market-value indicator is the median sold price: 215,500, which represents the most direct signal of recent transaction activity and should be prioritized over listing prices when valuing properties in ZIP 79936 (representative recent sale).
2. There is a meaningful gap between the median listing price (280,000) and the median sold price (215,500), which may indicate pricing friction or seller expectations exceeding recent transaction levels and suggests caution when positioning new listings.
3. Market velocity appears slower based on a median days on market of 148, consistent with elevated inventory relative to sales in the analyzed sample; this suggests moderate sales velocity and that sellers may need longer exposure or pricing adjustments to reach buyers.
4. Fundamental market drivers show price and rent trends moving up (price year-over-year trend: up; rent year-over-year trend: up) while interest rate pressure remains elevated (elevated); combined with a median price per square foot of 157 and median market rent of 1,500, this points to steady demand fundamentals but higher financing headwinds that may temper transaction volume.

Notable Properties

The following 7 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.