Market Intelligence · TX / El Paso

El Paso, TX 79938 Housing Market

Homes in El Paso's 79938 ZIP typically sell for $255,905, up 1.8% over the past year. The median list price sits at $300,000, with homes spending 67 days on market as of August 2026.

Updated August 2026Median value$256K

The median home value in El Paso, TX 79938 is $256K as of August 2026, up 1.9% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 79938 range

$235K to $276K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.9% over 12 months

Typical home value in 79938 over the last 12 months: $251K in Aug 2025 to $256K in Aug 2026 (+1.9%).

Aug 2025$251K

Aug 2026$256K

The numbers

What is the 79938 housing market like?

Typical home value

$256K

Up1.9%YoY

Median list price

$300K

Flat0.0%MoM

Days on market

67

Up11.7%MoM

Homes for sale

453

Down7.0%MoM

Price cuts

13.7%

Up37.7%MoM

New listings

136

Up1.5%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 79938 home prices compare?

  • 79938$255,700
  • El Paso$233,704
  • Texas$262,445
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (El Paso: 20 ZIPs; Texas: 1,512 ZIPs; United States: 26,265 ZIPs).

Context

The 79938 market has 453 homes for sale and 136 new listings as of August 2026. The median days on market of 67 suggests a moderate pace. A notable 13.7% of listings have seen price cuts, which can indicate seller adjustment to market conditions. With steady appreciation of 1.8% annually, the ZIP remains relatively stable. Sellers should recognize that the gap between typical home value and median list price suggests pricing expectations may be outpacing what the market is currently supporting.

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