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Housing costs climbed to record highs in 2025, as prices rose and mortgage rates remained far above pandemic-era lows. This kept housing out of reach for a larger number of home searchers and led to a historically slow housing market.

Redfin economists predict that affordability will begin to improve in 2026 and beyond. But how much does housing cost in El Paso, TX, right now?

Whether you’re a high-end buyer or just starting out, Redfin Real Estate analyzed home prices in El Paso across different price tiers to show how expensive housing is—and how it compares to the national average. If you want to find out how much you can afford, try Redfin’s Affordability Calculator.

All data represents the monthly average for January 2026. Redfin defines housing price buckets as follows: Bottom (bottom 5%); Starter (5%-35%); Mid (35%-65%); High (65%-95%); Luxury (top 5%).

How expensive is housing in El Paso?

Bottom tier median sale price: $128,903
Starter tier median sale price: $203,908
Mid tier median sale price: $268,180
High tier median sale price: $347,091
Luxury median sale price: $641,894
Median household income: $65,092

How expensive is housing nationwide?

Bottom tier median sale price: $125,384
Starter tier median sale price: $260,000
Mid tier median sale price: $375,000
High tier median sale price: $581,000
Luxury tier median sale price: $1,341,493
Median household income: $87,934

This story was
produced by
Redfin and reviewed and
distributed by Stacker.

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