Median home value is about $131,200 — about 62% below the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $896 (about 23% below the U.S. median rent ($1,163)), and owner-occupancy near 61.5% (about 3.9 points below the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 79924 in El Paso, TX, a household would need roughly $36,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $843. That sits below the local median household income ($56,786), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.