Markets/Texas/El Paso

El Paso, TX Real Estate Market 2026

Investor-grade market analytics for El Paso, Texas. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.

Median Home Price

$234,069

+2.2% year-over-year

Est. Rental Yield

7.8%

gross annual

12-Month Forecast

+2.1%

base case (Zillow ZHVF)

+2.1% year-over-year

Climate Risk

40/100

Low

Market Momentum

➡️
Neutral
3.3mo supply · Score +1/7

Net migration: Bottom 2% nationally

Income Migration

➡️ Neutral0.94x

In-migrants avg $53,655 AGI vs out-migrants $56,877

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Opportunity Zone Market

16 ZIP codes in El Paso are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

El Paso Market Summary

El Paso, TX shows steady growth at 2.2% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 3.98x, below the national average of 4.8x. Net negative migration (-1,869 returns/year) is reducing housing demand pressure. Climate risk is moderate (40/100) with manageable exposure. Rental yield of 7.82% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score86/100
Price-to-Income Ratio4.0x (national avg 4.8x)
Median Household Income$58,800

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+1.1%
Base Case+2.1%
Bull Case+3.2%

Climate & Natural Hazard Risk

El Paso, TX's primary climate exposure is flooding (40/100). The composite climate risk score of 40/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full El Paso dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.