appraisal district El Paso Residential Property Trends

El Paso appraisal district Residential Property ov

In 2024, El Paso Central Appraisal District (EPCAD) appraised 236,806 residential accounts, including single-family homes, townhouses, condos, and vacant lots, with a total market value of $53.46 billion. The residential sector remains a significant component of the county’s property market, showing steady growth over the years.

Appraisal district El Paso
Appraisal district El Paso

Trends in Initial Noticing Accounts of El Paso County Appraisal District (EPCAD)

  • From 2022 to 2024, the total market value of residential properties (Category A) increased from $42.86 billion to $53.46 billion, marking a significant appreciation in property values.
  • 2023 alone saw a $5.66 billion increase in residential property value, followed by an even greater rise of $4.92 billion in 2024, highlighting the county’s strong real estate market.
  • The historical average market value of residential properties (Category A) from 2022 to 2024 is $48.29 billion, while the historical median is $48.53 billion, indicating a consistently growing valuation trend.

The residential property sector in El Paso County has seen steady appraisal growth over recent years.

Market Value Trends for Single-Family Homes in El Paso County

  • Single-family residential properties alone account for 236,806 parcels, making them the dominant category in El Paso’s property market.
  • Between 2022 and 2024, single-family home values grew by approximately $10.6 billion, a reflection of increasing demand and new residential developments.
  • The highest recorded property values occurred in 2024, with a total market valuation of $53.46 billion, solidifying the upward trend in residential real estate.

The property market, as assessed by the El Paso County Appraisal District (EPCAD), has shown a consistent upward trend in values, with notable differences across property types and value ranges. Key factors such as new construction and high-value properties have contributed significantly to these changes.

Appraisal district El Paso
Appraisal district El Paso
Appraisal district El Paso

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