Real Estate Market Update for 79928 (El Paso, TX)
Welcome to April's Market Update. Let’s take a look at residential real-estate activity in your area during the month of April. The number of active listings was down 10% from one year earlier, and down 3% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 170-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 13%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 160-thousand dollars. The number of units sold increased 125% year-over-year, and increased 18% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for 79928 (El Paso, TX)
Area Information for 79928 (El Paso, TX)
  • Population: 51,534
  • Median Age: 25.55 yr
  • Median Commute Time: 23.92 mins
  • Educational Climate*: 2
  • Sales Tax: 6.75%
  • Population Density: 495/sq mi
  • Population Change Since 2000: 176.86%
  • Closest Airport: El Paso International
  • Closest College: Saint Charles Seminary
  • Closest Jr. College: Western Technical College
  • Median Household Income: $42,374
  • Annual Residential Turnover: 19.11%
  • Median Years in Residence: 3.21 yr
  • Median Home Sales Price: $139,028
  • Closest Major Sports Team: Midland Rockhounds
  • Change Avg. Household Income Since 2000: 44%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 79928 (El Paso, TX)
Median Age: 25.55 Married: 31% Number of Households: 14,026 Households with Children: 9,082
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 79928 (El Paso, TX)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Clint J High School 2.3 mi Public 9-11 2-5 4
      East Montana Middle School 2.3 mi Public 6-8 1 3
      Carroll T Welch Elementary School 2.3 mi Public 4-5 2 3
      Horizon High School 2.3 mi Public 10-12 1 3
      Horizon Middle School 2.3 mi Public 6-7 2-5 0
      Montana Vista Elementary School 2.3 mi Public PRESCHOOL-5 2-5 2
      Clint Isd Early College Academy 2.3 mi Public 9-12 0 0
      Ricardo Estrada J High School 2.6 mi Public 8-9 3 4
      Frank Macias Elementary School 2.7 mi Public PRESCHOOL-5 2-5 4
      Desert Hills Elementary School 3.3 mi Public PRESCHOOL-3 3 3
      Col John O Ensor Middle School 4.9 mi Public 6-8 3 3
      Horizon Heights Elementary School 4.9 mi Public K-5 3 2
      Dr Sue A Shook School 5.0 mi Public K-5 4-5 4
      Desert Wind Elementary School 5.3 mi Public PRESCHOOL-8 2 4
      Eastlake High School 6.1 mi Public 9-12 2-5 5
      Mission Ridge Elementary School 6.4 mi Public - 0 0
      Mission Ridge 6.4 mi Public PRESCHOOL-5 0 0
      Options High School 8.1 mi Public 9-12 0 5
      Keys Acad 8.1 mi Public 6-12 0 0
      John Drugan School 8.3 mi Public PRESCHOOL-8 4 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for 79928 (El Paso, TX)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.