Welcome to our 79938 real estate data hub, tailored for investors in El Paso, TX. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 79938 in El Paso, TX. Discover Section 8 housing opportunities and challenges to maximize your investment potential in EL PASO COUNTY.
Leverage our comprehensive, zip code-specific data to excel in El Paso, TX real estate investing. Uncover the wealth of information available, and position yourself for success in the El Paso property market.
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Location Overview
- Zip Code: 79938
- City: El Paso
- State: TX
- Metro Area: El Paso, TX
- County Name: EL PASO COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $236,075
- Average Home Price (Single Family Homes): $236,132
- Average Monthly Rental Price (All Types): $1,654
- Price-to-Rent Ratio: 12
- Zillow Projected % appreciation from 4/2023-4/2024: 1.7%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,220
- Average 3 Bedroom Section 8 Rental Rates: $1,700
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 16.13
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 11.57
- Number of Units Offered in Section 8 in the County: 5327
- Number of Occupied Units in Section 8 in the County: 5006
- Percentage of Section 8 Units Occupied in the County: 94%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): Not Available
- Total % Appreciation since 2000 (Government Data): 106.27
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.63%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 8.27%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 40.73%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 48.37%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 54.37%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 35.01%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 95.42%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 4.55%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 10.13%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 36.54%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 44.42%