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EL PASO, TX 79938

Real Estate Market Report  ·  El Paso County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
799
⇧ 22.9% vs 650 last year
Pending
219
27% pending ratio
Median Price
$309,950
⇧ 7.4% vs $288,713 last year
Average Price
$326,003
⇧ 3.9% vs $313,909 last year
Days on Market
127
⇧ 60.8% vs 79 days last year

Market Context

Population: 95,452  ·  Density: 94.4/mi²  ·  Median household income: $70,806

Typical home value: $179,817  ·  Homeownership: 80.7%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The EL PASO, TX real estate market (79938) currently shows 799 active listings, with 219 pending sales. Homes are averaging 127 days on the market before going under contract.

Inventory has increased compared to last year, with 149 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 127 days on market compared to 79 days last year.

The median listing price has risen 7.4% year-over-year, from $288,713 to $309,950.

Whether you are buying or selling in EL PASO, TX, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 799 this year vs 650 last year
  • Days on market: 127 now vs 79 last year

Median & Average Pricing

Year over Year
  • Median: $309,950 (+7.4% YoY)
  • Average: $326,003 (+3.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 32.1 miles — 1,801 listings ($567,197,324 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
79938El Paso, TX 799380.0 mi799$260,476,397$309,950$326,003
79936El Paso, TX 7993616.2 mi165$50,646,750$249,950$306,950
79925El Paso, TX 7992519.5 mi63$16,530,129$255,000$262,383
79927El Paso, TX 7992720.1 mi135$42,485,715$270,000$314,709
79924El Paso, TX 7992422.2 mi205$42,653,735$192,500$208,067
79905El Paso, TX 7990523.5 mi34$6,316,962$184,475$185,793
79934El Paso, TX 7993424.1 mi216$61,884,432$280,975$286,502
79904El Paso, TX 7990424.4 mi60$15,666,660$229,000$261,111
79838Fabens, TX 7983826.3 mi9$5,449,176$271,250$605,464
79902El Paso, TX 7990227.4 mi69$35,559,357$435,000$515,353
79853Tornillo, TX 7985329.2 mi2$447,000$223,500$223,500
79922El Paso, TX 7992230.7 mi23$20,807,410$749,999$904,670
88063Sunland Park, NM 8806332.1 mi21$8,273,601$326,975$393,981

Frequently Asked Questions

How many homes are for sale in EL PASO, TX 79938?

As of January 2026, there are 799 active listings in EL PASO, TX (zip code 79938), compared to 650 the prior year.

What is the median home price in EL PASO, TX 79938?

The median listing price in EL PASO, TX 79938 is $309,950 as of January 2026, a 7.4% increase from $288,713 the prior year.

How long do homes stay on the market in EL PASO, TX?

Homes in EL PASO, TX 79938 spend an average of 127 days on the market before going under contract, compared to 79 days the prior year.

Is it a seller's or buyer's market in EL PASO, TX 79938?

Based on current inventory and days-on-market data as of January 2026, EL PASO, TX 79938 is currently a Buyer's Market. Inventory has increased compared to last year, with 149 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 127 days on market compared to 79 days last year.

How much can I save on real estate commission in EL PASO, TX?

With SELL123.com's maximum 3% commission, sellers in EL PASO, TX 79938 save an estimated $6,199 compared to a typical 5% commission on the median listing price of $309,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.