EL PASO Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in El Paso averaged 7.11% for the week of 2024-04-11, compared to the national average of 6.88% for the same period.

The average rate for the prior week (2024-04-04) was 7.05% and one month ago for the week of 2024-03-07, the average rate was 6.91%.

El Paso's average rate one year ago was 6.61%.

For refis of the same type during the week of 2024-04-11, the average rate was 7.57%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-11 6.88%
El Paso 30 Year Fixed Rate 2024-04-11 7.11%
El Paso 30 Year Fixed Rate Refi 2024-04-11 7.57%
El Paso 15 Year Fixed Rate 2024-04-11 6.54%
El Paso 15 Year Fixed Rate Refi 2024-04-11 6.26%
El Paso 30 Year FHA 2024-04-11 6.7%
El Paso 30 Year FHA Refi 2024-04-11 6.94%
El Paso 30 Year USDA 2024-04-11 6.81%
El Paso 30 Year USDA Refi 2024-04-11 6.51%
El Paso 30 Year VA 2024-04-11 6.23%
El Paso 30 Year VA Refi 2024-04-11 6.47%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within EL PASO, TX.

EL PASO Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the EL PASO, TX market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
GECU 418 7.37% $3,528
QUICKEN LOANS, LLC 329 7.22% $5,997
UNITED WHOLESALE MORTGAGE, LLC 179 6.82% $8,789
JPMorgan Chase Bank 124 6.66% $6,311
CADENCE LENDING GROUP, INC. 116 6.87% $8,591
CARDINAL FINANCIAL 86 7.00% $8,322
CMG MORTGAGE, INC. 85 6.42% $8,184
FirstLight Federal Credit Union 55 7.40% $3,109
MOVEMENT MORTGAGE, LLC 55 7.08% $8,321
City Bank 49 6.56% $7,663
Wells Fargo Bank 49 6.30% $3,766
Rocky Mountain Mortgage Company 47 6.60% $3,549
BROKER SOLUTIONS, INC. 46 7.19% $7,619
CROSSCOUNTRY MORTGAGE, LLC 43 6.99% $9,137
Commerce Home Mortgage, Inc. 43 7.83% $8,621
First National Bank Texas 43 6.83% $6,244
Waterstone Mortgage Corporation 39 6.57% $7,300
Town Square Mortgage & Investments, Inc. 37 6.81% $6,863
EL PASO AREA TEACHERS 32 6.22% $6,835
NAVY FEDERAL CREDIT UNION 29 6.70% $5,683
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 28 6.86% $7,835
Mr. Cooper ( Nationstar Mortgage ) 28 7.03% $8,498
Century Mortgage Company DBA Century Lending Company 27 6.89% $9,211
AMERICAN PACIFIC MORTGAGE CORPORATION 27 7.27% $8,338
Flagstar Bank, FSB 26 7.00% $5,407
EVOLVE 25 5.40% $4,373
LOANDEPOT.COM, LLC 24 7.21% $6,443
GUARANTEED RATE, INC. 22 6.89% $5,970
EUSTIS AND AMERICAN MORTGAGE COMPANY 19 6.95% $5,164
SECURITY SERVICE 19 6.74% $2,813
PENNYMAC LOAN SERVICES, LLC 18 6.79% $7,658
Nations Lending Corporation 17 6.74% $7,338
Bank of America 17 6.44% $5,723
Sunflower Bank 17 6.91% $8,296
First Option Mortgage, LLC 16 7.38% $9,139
THE MORTGAGE LINK, INC. 15 6.72% $10,515
PATRIOT MORTGAGE COMPANY 15 6.68% $6,727
MORTGAGE FINANCIAL SERVICES, LLC 14 6.72% $5,819
USAA Federal Savings Bank 14 6.89% $5,568
GENEVA FINANCIAL, LLC 13 7.11% $7,488
ROYAL UNITED MORTGAGE LLC 13 7.27% $9,096
Carrington Mortgage Services, LLC 12 6.86% $8,470
WILLOW BEND MORTGAGE COMPANY, LLC 12 6.45% $8,130
LOANPAL, LLC 11 7.07% $7,702
NEWREZ LLC 11 7.20% $6,155
Paramount Residential Mortgage Group, Inc. 11 6.78% $6,956
U.S. Bank 11 6.53% $7,346
Network Funding, L.P. 10 6.94% $8,180
PLAZA HOME MORTGAGE, INC. 10 7.09% $10,668
SECURITYNATIONAL MORTGAGE COMPANY 10 6.95% $12,369
PNC Bank 9 6.31% $4,880
AMCAP MORTGAGE, LTD. 9 6.78% $6,320
UNION HOME MORTGAGE CORP. 9 7.04% $8,789
AmeriHome Mortgage Company, LLC 8 6.78% $6,346
Citizens Bank 8 6.78% $6,736
BETTER MORTGAGE CORPORATION 8 5.95% $5,279
Mortgage Research Center, LLC 8 6.19% $6,795
Truist 8 6.51% $7,343
AMERISAVE MORTGAGE CORPORATION 8 6.76% $6,878
Plains Commerce Bank 7 6.52% $5,883
Ixonia Bank 7 6.62% $4,148
GUILD MORTGAGE COMPANY 7 7.55% $7,625
ZILLOW HOME LOANS, LLC 7 6.71% $6,468
PHH Mortgage Corporation 6 6.96% $5,098
HOMEXPRESS MORTGAGE CORP. 6 9.77% $6,486
CASTLE & COOKE MORTGAGE, LLC 6 7.58% $7,196
Citizens Bank of Las Cruces 6 7.15% $5,770
MUTUAL OF OMAHA MORTGAGE, INC. 5 6.82% $8,280
AMERICAN FINANCING CORPORATION 5 7.13% $7,018
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 5 7.02% $10,956
MANN FINANCIAL INC. 5 7.28% $6,113
PENTAGON FEDERAL CREDIT UNION 5 6.25% $5,869
The Loan Store, Inc. 5 7.20% $5,676
VANDERBILT MORTGAGE AND FINANCE, INC. 4 7.15% $6,176
ANGEL OAK MORTGAGE SOLUTIONS LLC 4 9.69% $9,124
NEXERA HOLDING LLC 4 8.69% $12,880
MID AMERICA MORTGAGE, INC. 4 6.81% $3,304
MICHIGAN MUTUAL, INC. 4 6.75% $6,655
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 7.15% $7,486
Discover Bank 4 7.55% $0
FREEDOM MORTGAGE CORPORATION 4 6.59% $8,115
CANOPY MORTGAGE, LLC 4 7.28% $9,506
DEEPHAVEN MORTGAGE LLC 4 9.00% $9,727
AMERICAN FINANCIAL NETWORK, INC. 4 7.25% $5,771
CHURCHILL MORTGAGE CORPORATION 4 6.84% $6,604
OCMBC, INC. 4 8.16% $8,044
NOVA FINANCIAL & INVESTMENT CORPORATION 4 7.18% $6,626
BARTON CREEK LENDING GROUP, LLC 3 6.96% $6,929
AMERICAN FEDERAL MORTGAGE CORPORATION 3 6.08% $6,390
NBKC BANK 3 6.42% $4,979
First Horizon Bank 3 6.67% $4,975
The Huntington National Bank 3 7.00% $6,845
SUMMIT FUNDING, INC. 3 7.13% $7,829
Fifth Third Bank 3 7.75% $4,808
BAY-VALLEY MORTGAGE GROUP 3 7.71% $6,850
V.I.P. MORTGAGE, INC. 3 6.71% $7,862
BELEM SERVICING LLC 3 6.63% $5,098
PROVIDENT FUNDING ASSOCIATES, L.P. 3 6.04% $6,143
BMO Harris Bank 3 6.46% $7,365
Ally Bank 3 6.04% $8,515
ENDEAVOR CAPITAL, LLC. 3 7.17% $5,503
Lakeview Community Capital, LLC 2 7.18% $11,536
GSF Mortgage Corporation 2 6.25% $5,787
GUIDANCE RESIDENTIAL, LLC 2 7.81% $4,166
GULF COAST EDUCATORS FEDERAL CREDIT UNION 2 6.61% $5,366
HighTechLending Inc 2 9.06% $9,161
INTERLINC MORTGAGE SERVICES, LLC 2 7.00% $8,702
LAKEVIEW LOAN SERVICING, LLC 2 7.56% $8,459
LENDSURE MORTGAGE CORP. 2 9.13% $8,367
LOANPEOPLE, LLC 2 6.50% $7,680
White Sands Federal Credit Union 2 5.88% $4,099
MEMBER FIRST MORTGAGE, LLC 2 6.69% $4,230
NETWORK CAPITAL FUNDING CORPORATION 2 6.56% $4,840
NexBank 2 6.81% $7,093
NP, Inc. 2 9.06% $16,887
Citadel Servicing Corporation 2 8.63% $18,519
PLANET HOME LENDING, LLC 2 6.44% $4,426
Princeton Mortgage Corporation 2 7.75% $8,905
Regions Bank 2 5.44% $5,940
SIRVA MORTGAGE, INC. 2 5.81% $2,478
SUCCESS MORTGAGE PARTNERS, INC. 2 6.06% $6,654
T2 FINANCIAL LLC 2 6.88% $5,317
A&D Mortgage LLC 2 10.37% $15,924
THRIVE MORTGAGE, LLC 2 7.63% $8,747
UIF CORPORATION 2 6.88% $4,471
AMERICAN PORTFOLIO MORTGAGE CORPORATION 2 7.13% $3,616
AMERICAN HERITAGE LENDING, INC. 2 9.94% $9,492
Washington Federal Bank 2 6.94% $4,630
North American Savings Bank, F.S.B. 1 7.88% $8,158
Kwik Mortgage Corporation 1 6.50% $4,591
UNIFY FINANCIAL Credit Union 1 7.65% $1,943
DHI MORTGAGE COMPANY, LTD. 1 7.38% $5,528
OPEN MORTGAGE, LLC 1 6.38% $5,594
PANORAMA MORTGAGE GROUP, LLC 1 6.25% $4,321
FIRST COMMUNITY MORTGAGE, INC. 1 6.25% $4,388
DIGITAL Federal Credit Union 1 5.50% $4,984
CHERRY CREEK MORTGAGE, LLC 1 6.63% $1,288
INTERCAP LENDING INC. 1 6.88% $5,213
Centennial Bank 1 6.63% $4,674
Independent Bank 1 6.63% $3,746
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 8.00% $7,060
BOKF 1 7.63% $3,945
HSBC BANK USA, NATIONAL ASSOCIATION 1 6.89% $5,117
PREMIA MORTGAGE, LLC 1 5.88% $0
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 5.75% $5,231
HOMESTEAD FUNDING CORP. 1 5.63% $0
UNIVERSITY Federal Credit Union 1 7.50% $8,774
HOMESIDE FINANCIAL, LLC 1 6.63% $8,488
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.63% $3,753
RED RIVER EMPLOYEES 1 6.50% $3,997
American National Bank & Trust 1 6.75% $7,674
RESIDENTIAL BANCORP 1 8.88% $10,934
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.99% $6,998
BAY EQUITY LLC 1 6.99% $4,965
SeaTrust Mortgage Company 1 6.50% $4,778
Baxter Credit Union 1 7.38% $5,185
Heritage Bank 1 6.25% $4,074
Simmons Bank 1 6.25% $4,628
Firefighters First Federal Credit Union 1 6.50% $4,094
Stifel Bank and Trust 1 5.63% $2,742
Goldwater Bank, N.A. 1 6.00% $8,578
East Coast Capital Corp. 1 7.00% $7,021
Summit Mortgage Corporation 1 6.63% $10,531
BancorpSouth 1 5.78% $4,824
SWBC MORTGAGE CORPORATION 1 7.25% $595
EVERETT FINANCIAL, INC. 1 5.99% $10,971
Encompass Lending Group, LP 1 6.99% $4,975
First United Bank and Trust Company 1 8.00% $7,430
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.13% $4,117
Gateway First Bank 1 6.13% $4,435
TIB The Independent Bankersbank 1 6.50% $3,632
ARC HOME LLC 1 8.13% $4,827
GUARANTEED RATE AFFINITY, LLC 1 5.98% $1,457
Meridian Bank Corporation 1 6.88% $3,749
CREDIT HUMAN FEDERAL CREDIT UNION 1 6.90% $3,921
Core Bank 1 6.88% $4,655
CONTOUR MORTGAGE CORPORATION 1 5.88% $9,912
COMPASS MORTGAGE, INC. 1 7.13% $4,669
ACADEMY MORTGAGE CORPORATION 1 7.50% $10,451
Commerce Bank 1 7.25% $4,366
NATIONWIDE MORTGAGE BANKERS, INC. 1 7.13% $9,489
Colonial Savings, F.A. 1 5.88% $5,537
DELMAR FINANCIAL COMPANY 1 6.88% $5,289
FOUNDATION MORTGAGE CORPORATION 1 9.63% $11,233
CLM MORTGAGE, INC 1 6.50% $2,929
NEW FED MORTGAGE, CORP. 1 6.88% $9,791
CITYWIDE HOME LOANS, LLC 1 6.99% $8,402
UMB Bank 1 7.50% $7,811
LEADERONE FINANCIAL CORPORATION 1 6.88% $5,860

EL PASO Average Closing Costs & Other Stats

EL PASO, TX's 189 lenders originated 10,425 loans during 2023. The total origination value was $2,444,585,000, with an average loan value of $234,493.

EL PASO's average closing costs are $5,967.

The top EL PASO lender as defined by loan originations is GECU, with 418 loans originated. Their average total fees are $3,528, which is $2,469 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee EL PASO lenders (with over 10 loans originated) are SECURITY SERVICE ($2,813), FirstLight Federal Credit Union ($3,109), GECU ($3,528), Rocky Mountain Mortgage Company ($3,549) and Wells Fargo Bank ($3,766).

The lowest rate EL PASO lenders (with over 10 loans originated) are EVOLVE (5.40%), EL PASO AREA TEACHERS (6.22%), Wells Fargo Bank (6.30%), CMG MORTGAGE, INC. (6.42%) and Bank of America (6.44%).

EL PASO, TX Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
Commerce Home Mortgage, Inc. $218,745,000 $174,930,000 -20.0% 7.2%
UNITED WHOLESALE MORTGAGE, LLC $102,465,000 $159,805,000 56.0% 6.5%
GECU $174,095,000 $156,530,000 -10.1% 6.4%
Mortgage Research Center, LLC $127,045,000 $104,400,000 -17.8% 4.3%
Rocky Mountain Mortgage Company $185,390,000 $101,550,000 -45.2% 4.2%
QUICKEN LOANS, LLC $153,985,000 $96,060,000 -37.6% 3.9%
CADENCE LENDING GROUP, INC. $118,575,000 $95,355,000 -19.6% 3.9%
CARDINAL FINANCIAL $28,905,000 $90,380,000 212.7% 3.7%
GREYSTONE SERVICING COMPANY LLC $18,675,000 $70,770,000 279.0% 2.9%
CMG MORTGAGE, INC. $72,355,000 $70,575,000 -2.5% 2.9%
WALKER & DUNLOP, LLC $51,580,000 n/a 2.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $33,455,000 $50,535,000 51.1% 2.1%
NAVY FEDERAL CREDIT UNION $49,425,000 $49,950,000 1.1% 2.0%
City Bank $52,615,000 $49,525,000 -5.9% 2.0%
First National Bank Texas $49,045,000 $48,340,000 -1.4% 2.0%
PATRIOT MORTGAGE COMPANY $65,310,000 $48,075,000 -26.4% 2.0%
MOVEMENT MORTGAGE, LLC $78,975,000 $47,840,000 -39.4% 2.0%
CBRE MULTIFAMILY CAPITAL, INC. $42,435,000 n/a 1.7%
CROSSCOUNTRY MORTGAGE, LLC $33,560,000 $37,805,000 12.6% 1.5%
JPMorgan Chase Bank $28,460,000 $37,030,000 30.1% 1.5%
BROKER SOLUTIONS, INC. $102,315,000 $27,420,000 -73.2% 1.1%
Town Square Mortgage & Investments, Inc. $23,610,000 $26,730,000 13.2% 1.1%
FirstLight Federal Credit Union $22,295,000 $23,595,000 5.8% 1.0%
EL PASO AREA TEACHERS $26,225,000 $23,025,000 -12.2% 0.9%
USAA Federal Savings Bank $26,075,000 $21,495,000 -17.6% 0.9%
GUARANTEED RATE, INC. $56,350,000 $21,025,000 -62.7% 0.9%
Sunflower Bank $5,970,000 $19,595,000 228.2% 0.8%
Waterstone Mortgage Corporation $18,110,000 $19,585,000 8.1% 0.8%
Century Mortgage Company DBA Century Lending Company $7,850,000 $19,190,000 144.5% 0.8%
EUSTIS AND AMERICAN MORTGAGE COMPANY $23,120,000 $18,730,000 -19.0% 0.8%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $32,405,000 $18,730,000 -42.2% 0.8%
THE MORTGAGE LINK, INC. $17,190,000 n/a 0.7%
ORIX REAL ESTATE CAPITAL, LLC $22,910,000 $17,145,000 -25.2% 0.7%
Wells Fargo Bank $47,190,000 $16,820,000 -64.4% 0.7%
PENNYMAC LOAN SERVICES, LLC $19,800,000 $16,355,000 -17.4% 0.7%
Flagstar Bank, FSB $14,050,000 $15,980,000 13.7% 0.7%
PLAZA HOME MORTGAGE, INC. $9,820,000 $15,750,000 60.4% 0.6%
Nations Lending Corporation $28,920,000 $14,775,000 -48.9% 0.6%
SECURITYNATIONAL MORTGAGE COMPANY $5,050,000 $14,460,000 186.3% 0.6%
Bank of America $14,865,000 $14,455,000 -2.8% 0.6%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $2,655,000 $12,170,000 358.4% 0.5%
LOANDEPOT.COM, LLC $58,020,000 $12,020,000 -79.3% 0.5%
Plains Commerce Bank $9,400,000 $11,980,000 27.4% 0.5%
Mr. Cooper ( Nationstar Mortgage ) $26,375,000 $11,545,000 -56.2% 0.5%
WestStar Bank $9,790,000 n/a 0.4%
WILLOW BEND MORTGAGE COMPANY, LLC $695,000 $9,475,000 1,263.3% 0.4%
UNION HOME MORTGAGE CORP. $17,825,000 $9,200,000 -48.4% 0.4%
SECURITY SERVICE $18,690,000 $8,645,000 -53.7% 0.4%
EVOLVE $13,305,000 $8,300,000 -37.6% 0.3%
MORTGAGE FINANCIAL SERVICES, LLC $8,315,000 $7,515,000 -9.6% 0.3%
First Option Mortgage, LLC $115,000 $7,450,000 6,378.3% 0.3%
FREEDOM MORTGAGE CORPORATION $13,330,000 $7,220,000 -45.8% 0.3%
21ST MORTGAGE CORPORATION $5,240,000 $6,920,000 32.1% 0.3%
PNC Bank $21,240,000 $6,870,000 -67.7% 0.3%
NEWREZ LLC $6,135,000 $6,530,000 6.4% 0.3%
Network Funding, L.P. $12,125,000 $6,385,000 -47.3% 0.3%
Northpointe Bank $2,205,000 $6,120,000 177.6% 0.3%
Paramount Residential Mortgage Group, Inc. $2,905,000 $5,985,000 106.0% 0.2%
GENEVA FINANCIAL, LLC $4,105,000 $5,890,000 43.5% 0.2%
VANDERBILT MORTGAGE AND FINANCE, INC. $3,145,000 $5,815,000 84.9% 0.2%
AMCAP MORTGAGE, LTD. $6,730,000 $5,785,000 -14.0% 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $4,380,000 $5,735,000 30.9% 0.2%
U.S. Bank $9,285,000 $5,535,000 -40.4% 0.2%
LENDINGHOME FUNDING CORPORATION $3,095,000 $5,395,000 74.3% 0.2%
ROYAL UNITED MORTGAGE LLC $4,870,000 $5,320,000 9.2% 0.2%
Ixonia Bank $1,395,000 $5,250,000 276.3% 0.2%
PENTAGON FEDERAL CREDIT UNION $6,670,000 $5,235,000 -21.5% 0.2%
GUILD MORTGAGE COMPANY $2,530,000 $4,980,000 96.8% 0.2%
Truist $3,845,000 $4,895,000 27.3% 0.2%
CASTLE & COOKE MORTGAGE, LLC $6,940,000 $4,585,000 -33.9% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $4,730,000 $4,460,000 -5.7% 0.2%
V.I.P. MORTGAGE, INC. $8,045,000 $4,395,000 -45.4% 0.2%
Carrington Mortgage Services, LLC $7,240,000 $4,295,000 -40.7% 0.2%
Citizens Bank of Las Cruces $5,100,000 $4,160,000 -18.4% 0.2%
First Savings Bank $7,225,000 $4,080,000 -43.5% 0.2%
AMERISAVE MORTGAGE CORPORATION $14,720,000 $3,705,000 -74.8% 0.2%
LOANPAL, LLC $10,590,000 $3,675,000 -65.3% 0.2%
Citizens Bank $10,710,000 $3,635,000 -66.1% 0.1%
PLANET HOME LENDING, LLC $2,195,000 $3,630,000 65.4% 0.1%
NOVA FINANCIAL & INVESTMENT CORPORATION $2,005,000 $3,580,000 78.6% 0.1%
OCMBC, INC. $155,000 $3,555,000 2,193.5% 0.1%
NBKC BANK $1,225,000 $3,545,000 189.4% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $7,215,000 $3,465,000 -52.0% 0.1%
MANN FINANCIAL INC. $2,225,000 $3,415,000 53.5% 0.1%
Cedar Rapids Bank and Trust Company $5,215,000 $2,905,000 -44.3% 0.1%
SUMMIT FUNDING, INC. $2,885,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $1,530,000 $2,835,000 85.3% 0.1%
AmeriHome Mortgage Company, LLC $2,315,000 $2,810,000 21.4% 0.1%
Discover Bank $2,560,000 $2,605,000 1.8% 0.1%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $2,910,000 $2,550,000 -12.4% 0.1%
HOMEXPRESS MORTGAGE CORP. $1,785,000 $2,485,000 39.2% 0.1%
NEXERA HOLDING LLC $135,000 $2,300,000 1,603.7% 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $3,275,000 $2,175,000 -33.6% 0.1%
US MORTGAGE CORPORATION $2,145,000 n/a 0.1%
CALCON MUTUAL MORTGAGE LLC $1,400,000 $2,060,000 47.1% 0.1%
BETTER MORTGAGE CORPORATION $7,430,000 $2,030,000 -72.7% 0.1%
ENCORE BANK $315,000 $2,015,000 539.7% 0.1%
EVERETT FINANCIAL, INC. $2,550,000 $2,015,000 -21.0% 0.1%
CHURCHILL MORTGAGE CORPORATION $3,245,000 $2,000,000 -38.4% 0.1%
The Loan Store, Inc. $2,000,000 n/a 0.1%
BMO Harris Bank $420,000 $1,945,000 363.1% 0.1%
Equity Prime Mortgage LLC $3,160,000 $1,845,000 -41.6% 0.1%
Vantage Bank Texas $8,500,000 $1,835,000 -78.4% 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $285,000 $1,740,000 510.5% 0.1%
LEADERONE FINANCIAL CORPORATION $1,000,000 $1,720,000 72.0% 0.1%
CHERRY CREEK MORTGAGE, LLC $3,810,000 $1,715,000 -55.0% 0.1%
Gateway First Bank $3,970,000 $1,640,000 -58.7% 0.1%
First American Bank $345,000 $1,615,000 368.1% 0.1%
Zions Bank $405,000 $1,605,000 296.3% 0.1%
Armed Forces Bank $3,615,000 $1,580,000 -56.3% 0.1%
MORTGAGEONE, INC. $1,570,000 n/a 0.1%
BELEM SERVICING LLC $360,000 $1,540,000 327.8% 0.1%
First Horizon Bank $5,680,000 $1,525,000 -73.2% 0.1%
FINANCE OF AMERICA REVERSE LLC $565,000 $1,480,000 161.9% 0.1%
PREMIER MORTGAGE RESOURCES, L.L.C. $795,000 $1,475,000 85.5% 0.1%
ACADEMY MORTGAGE CORPORATION $700,000 $1,460,000 108.6% 0.1%
DEEPHAVEN MORTGAGE LLC $410,000 $1,430,000 248.8% 0.1%
MID AMERICA MORTGAGE, INC. $4,085,000 $1,430,000 -65.0% 0.1%
INTERCAP LENDING INC. $825,000 $1,405,000 70.3% 0.1%
Citadel Servicing Corporation $1,470,000 $1,390,000 -5.4% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $1,375,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $27,910,000 $1,375,000 -95.1% 0.1%
LAKEVIEW LOAN SERVICING, LLC $4,345,000 $1,365,000 -68.6% 0.1%
Princeton Mortgage Corporation $1,320,000 n/a 0.1%
CANOPY MORTGAGE, LLC $1,840,000 $1,315,000 -28.5% 0.1%
DOMINION FINANCIAL SERVICES, LLC $3,090,000 $1,275,000 -58.7% 0.1%
AMWEST FUNDING CORP. $125,000 $1,260,000 908.0% 0.1%
AMERICAN FEDERAL MORTGAGE CORPORATION $135,000 $1,135,000 740.7% 0.0%
DIRECTIONS EQUITY, LLC $1,120,000 n/a 0.0%
SeaTrust Mortgage Company $790,000 $1,090,000 38.0% 0.0%
The Huntington National Bank $1,335,000 $1,075,000 -19.5% 0.0%
Barrington Bank & Trust Company, N.A. $1,030,000 $1,015,000 -1.5% 0.0%
Credit Union of Texas $415,000 $1,015,000 144.6% 0.0%
NATIONS DIRECT MORTGAGE, LLC $850,000 $1,005,000 18.2% 0.0%
AMERICAN HERITAGE LENDING, INC. $1,000,000 n/a 0.0%
AHL FUNDING $990,000 n/a 0.0%
Ally Bank $1,975,000 $980,000 -50.4% 0.0%
SUCCESS MORTGAGE PARTNERS, INC. $205,000 $970,000 373.2% 0.0%
VILLAGE CAPITAL MORTGAGE $1,200,000 $970,000 -19.2% 0.0%
MICHIGAN MUTUAL, INC. $965,000 n/a 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $420,000 $955,000 127.4% 0.0%
AMERICAN PORTFOLIO MORTGAGE CORPORATION $955,000 n/a 0.0%
THRIVE MORTGAGE, LLC $1,430,000 $950,000 -33.6% 0.0%
COMPASS MORTGAGE, INC. $1,040,000 $920,000 -11.5% 0.0%
NP, Inc. $720,000 $920,000 27.8% 0.0%
RANDOLPH-BROOKS $1,205,000 $900,000 -25.3% 0.0%
PHH Mortgage Corporation $1,920,000 $850,000 -55.7% 0.0%
INTERLINC MORTGAGE SERVICES, LLC $145,000 $800,000 451.7% 0.0%
Encompass Lending Group, LP $1,100,000 $780,000 -29.1% 0.0%
First New Mexico Bank, Las Cruces $685,000 $765,000 11.7% 0.0%
NFM, INC. $535,000 $745,000 39.3% 0.0%
UNIVERSITY Federal Credit Union $1,085,000 $725,000 -33.2% 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $870,000 $720,000 -17.2% 0.0%
Credence Funding Corporation $400,000 $700,000 75.0% 0.0%
GUARANTEED RATE AFFINITY, LLC $3,500,000 $700,000 -80.0% 0.0%
International Bank of Commerce $675,000 $690,000 2.2% 0.0%
T2 FINANCIAL LLC $225,000 $665,000 195.6% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $2,205,000 $660,000 -70.1% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $1,020,000 $660,000 -35.3% 0.0%
A&D Mortgage LLC $175,000 $650,000 271.4% 0.0%
SIRVA MORTGAGE, INC. $1,500,000 $640,000 -57.3% 0.0%
LENDSURE MORTGAGE CORP. $1,110,000 $615,000 -44.6% 0.0%
MEMBER FIRST MORTGAGE, LLC $2,030,000 $600,000 -70.4% 0.0%
DHI MORTGAGE COMPANY, LTD. $580,000 n/a 0.0%
Keystone Funding, Inc. $580,000 n/a 0.0%
Bank of England $1,485,000 $570,000 -61.6% 0.0%
AMERICAN FINANCING CORPORATION $2,950,000 $555,000 -81.2% 0.0%
BARTON CREEK LENDING GROUP, LLC $555,000 n/a 0.0%
Fifth Third Bank $385,000 $555,000 44.2% 0.0%
Loan Simple, Inc. $995,000 $540,000 -45.7% 0.0%
GULF COAST EDUCATORS FEDERAL CREDIT UNION $185,000 $530,000 186.5% 0.0%
NETWORK CAPITAL FUNDING CORPORATION $1,915,000 $525,000 -72.6% 0.0%
NEW FED MORTGAGE, CORP. $525,000 n/a 0.0%
Washington Federal Bank $1,105,000 $525,000 -52.5% 0.0%
BAY EQUITY LLC $420,000 $520,000 23.8% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $315,000 $520,000 65.1% 0.0%
Lakeview Community Capital, LLC $7,830,000 $520,000 -93.4% 0.0%
LOANPEOPLE, LLC $360,000 $520,000 44.4% 0.0%
SWBC MORTGAGE CORPORATION $785,000 $520,000 -33.8% 0.0%
FIRST CENTENNIAL MORTGAGE CORPORATION $510,000 n/a 0.0%
DIGITAL Federal Credit Union $505,000 n/a 0.0%
FLAT BRANCH MORTGAGE, INC. $500,000 n/a 0.0%
HOMESIDE FINANCIAL, LLC $1,330,000 $500,000 -62.4% 0.0%
Hometown Equity Mortgage, LLC $1,035,000 $500,000 -51.7% 0.0%
BAY-VALLEY MORTGAGE GROUP $495,000 n/a 0.0%
ENDEAVOR CAPITAL, LLC. $495,000 n/a 0.0%
Kwik Mortgage Corporation $410,000 $495,000 20.7% 0.0%
The First Liberty National Bank $495,000 n/a 0.0%
White Sands Federal Credit Union $490,000 n/a 0.0%
PREMIA MORTGAGE, LLC $315,000 $485,000 54.0% 0.0%
BancorpSouth $420,000 $480,000 14.3% 0.0%
Regions Bank $2,345,000 $480,000 -79.5% 0.0%
UIF CORPORATION $305,000 $480,000 57.4% 0.0%
Baxter Credit Union $840,000 $475,000 -43.5% 0.0%
M&T Bank $230,000 $470,000 104.3% 0.0%
TEXAS TECH $470,000 n/a 0.0%
First United Bank and Trust Company $1,405,000 $460,000 -67.3% 0.0%
Commerce Bank $455,000 n/a 0.0%
FIRST MORTGAGE COMPANY, INC. $455,000 n/a 0.0%
TOWNE MORTGAGE COMPANY $1,400,000 $455,000 -67.5% 0.0%
American Mortgage & Equity Consultants, Inc. $440,000 n/a 0.0%
SPRING EQ, LLC $410,000 $440,000 7.3% 0.0%
HOMESTEAD FUNDING CORP. $435,000 n/a 0.0%
Presidential Bank, FSB $395,000 $435,000 10.1% 0.0%
Goldwater Bank, N.A. $3,350,000 $425,000 -87.3% 0.0%
Mid-Continent Funding, Inc. $420,000 $420,000 0.0% 0.0%
Colonial Savings, F.A. $295,000 $410,000 39.0% 0.0%
GUIDANCE RESIDENTIAL, LLC $380,000 $410,000 7.9% 0.0%
SILVER HILL FUNDING, LLC $1,580,000 $410,000 -74.1% 0.0%
Arvest Bank $155,000 $405,000 161.3% 0.0%
PANORAMA MORTGAGE GROUP, LLC $215,000 $400,000 86.0% 0.0%
American National Bank & Trust $395,000 n/a 0.0%
BOKF $1,160,000 $395,000 -65.9% 0.0%
HighTechLending Inc $95,000 $390,000 310.5% 0.0%
NexBank $655,000 $380,000 -42.0% 0.0%
Stifel Bank and Trust $1,010,000 $380,000 -62.4% 0.0%
ARC HOME LLC $375,000 n/a 0.0%
The Federal Savings Bank $410,000 $375,000 -8.5% 0.0%
CHARTWAY FEDERAL CREDIT UNION $365,000 n/a 0.0%
NEW DAY FINANCIAL, LLC $1,670,000 $365,000 -78.1% 0.0%
RESIDENTIAL BANCORP $145,000 $345,000 137.9% 0.0%
GSF Mortgage Corporation $360,000 $330,000 -8.3% 0.0%
OPEN MORTGAGE, LLC $330,000 n/a 0.0%
Centennial Bank $225,000 $325,000 44.4% 0.0%
Firefighters First Federal Credit Union $125,000 $325,000 160.0% 0.0%
First Bank $1,905,000 $325,000 -82.9% 0.0%
HOMEOWNERS FINANCIAL GROUP USA, LLC $665,000 $315,000 -52.6% 0.0%
Old National Bank $305,000 n/a 0.0%
Simmons Bank $470,000 $305,000 -35.1% 0.0%
HSBC BANK USA, NATIONAL ASSOCIATION $295,000 n/a 0.0%
SFMC, LP $975,000 $295,000 -69.7% 0.0%
Summit Mortgage Corporation $295,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $1,235,000 $290,000 -76.5% 0.0%
CITYWIDE HOME LOANS, LLC $285,000 n/a 0.0%
HOMESPIRE MORTGAGE CORPORATION $285,000 n/a 0.0%
Citibank $5,275,000 $270,000 -94.9% 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $270,000 n/a 0.0%
FOUNDATION MORTGAGE CORPORATION $265,000 n/a 0.0%
Heritage Bank $265,000 n/a 0.0%
NTFN, INC. $580,000 $265,000 -54.3% 0.0%
BECKAM FUNDING CORP. $145,000 $260,000 79.3% 0.0%
INTELLILOAN, INC. $135,000 $255,000 88.9% 0.0%
NATIONS RELIABLE LENDING, LLC $255,000 n/a 0.0%
ALL WESTERN MORTGAGE, INC. $245,000 n/a 0.0%
BNC National Bank $1,900,000 $245,000 -87.1% 0.0%
Brighton Bank $285,000 $245,000 -14.0% 0.0%
Independent Bank $1,115,000 $240,000 -78.5% 0.0%
JMAC LENDING, INC. $330,000 $235,000 -28.8% 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $185,000 $235,000 27.0% 0.0%
Evolve Bank & Trust $165,000 $225,000 36.4% 0.0%
Core Bank $215,000 n/a 0.0%
GMFS LLC $215,000 n/a 0.0%
LHM FINANCIAL CORPORATION $175,000 $215,000 22.9% 0.0%
TOTAL MORTGAGE SERVICES, LLC $215,000 n/a 0.0%
East Coast Capital Corp. $205,000 n/a 0.0%
First Federal Bank $3,665,000 $205,000 -94.4% 0.0%
First Financial Bank $800,000 $205,000 -74.4% 0.0%
KELLER MORTGAGE, LLC $1,480,000 $205,000 -86.1% 0.0%
North American Savings Bank, F.S.B. $4,080,000 $205,000 -95.0% 0.0%
THE MONEY SOURCE INC. $205,000 n/a 0.0%
TIB The Independent Bankersbank $205,000 n/a 0.0%
FIRST COMMUNITY MORTGAGE, INC. $195,000 n/a 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $165,000 $195,000 18.2% 0.0%
Peoples Bank $195,000 n/a 0.0%
CHEVRON $600,000 $185,000 -69.2% 0.0%
DELMAR FINANCIAL COMPANY $185,000 n/a 0.0%
Stride Bank $185,000 n/a 0.0%
UNIFY FINANCIAL Credit Union $145,000 $180,000 24.1% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $455,000 $175,000 -61.5% 0.0%
Meridian Bank Corporation $175,000 n/a 0.0%
Platinum Home Mortgage Corporation $175,000 n/a 0.0%
UMB Bank $175,000 n/a 0.0%
Ameris Bank $165,000 n/a 0.0%
CONTOUR MORTGAGE CORPORATION $280,000 $165,000 -41.1% 0.0%
COUNTRYPLACE MORTGAGE, LTD. $165,000 n/a 0.0%
MASON MCDUFFIE MORTGAGE CORPORATION $605,000 $165,000 -72.7% 0.0%
TJC Mortgage, Inc. $105,000 $165,000 57.1% 0.0%
CLM MORTGAGE, INC $275,000 $145,000 -47.3% 0.0%
CrossFirst Bank $145,000 n/a 0.0%
Frost Bank $75,000 $140,000 86.7% 0.0%
MidFirst Bank $15,000 $130,000 766.7% 0.0%
Deere Employees Credit Union $105,000 n/a 0.0%
RED RIVER EMPLOYEES $105,000 n/a 0.0%
SOUTHWEST STAGE FUNDING, LLC $890,000 $105,000 -88.2% 0.0%
FAA Federal Credit Union $95,000 n/a 0.0%
KINECTA $155,000 $95,000 -38.7% 0.0%
FIRST SERVICE Credit Union $135,000 $85,000 -37.0% 0.0%
Advisors Mortgage Group, L.L.C. $105,000 $75,000 -28.6% 0.0%
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION $885,000 $75,000 -91.5% 0.0%
United Texas Credit Union $75,000 n/a 0.0%
ADVANCIAL $65,000 n/a 0.0%
FIRST COMMUNITY CREDIT UNION $165,000 $65,000 -60.6% 0.0%
ALL IN $55,000 n/a 0.0%
Prosperity Bank $3,090,000 $45,000 -98.5% 0.0%
Transportation Federal Credit Union $35,000 n/a 0.0%
Southwest Airlines Federal Credit Union $25,000 n/a 0.0%

EL PASO's top lender by overall market share is Commerce Home Mortgage, Inc., with 7.2% market share. In second place, with 6.5%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $159,805,000 in loans. In third place, with 6.4%, is GECU, having originated $156,530,000 in loans. In fourth place, with 4.3%, is Mortgage Research Center, LLC, having originated $104,400,000 in loans. In fifth place, with 4.2%, is Rocky Mountain Mortgage Company, having originated $101,550,000 in loans.


EL PASO Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - EL PASO (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $167,950 (2.2%) $197,104 (-3.2%) 0.62 3,504
2018-02-01 $168,225 (2.0%) $196,667 (-3.7%) 0.61 3,531
2018-03-01 $169,775 (2.3%) $198,781 (-3.0%) 0.60 3,449
2018-04-01 $172,225 (3.8%) $200,788 (-3.6%) 0.58 3,259
2018-05-01 $173,488 (3.9%) $201,242 (-3.3%) 0.58 3,213
2018-06-01 $175,000 (4.2%) $203,328 (-4.6%) 0.58 3,162
2018-07-01 $176,475 (5.1%) $205,403 (-3.7%) 0.59 3,158
2018-08-01 $177,250 (5.5%) $204,217 (-3.5%) 0.59 3,066
2018-09-01 $177,388 (5.6%) $203,735 (-3.9%) 0.60 3,075
2018-10-01 $176,975 (5.5%) $202,710 (-3.2%) 0.60 3,188
2018-11-01 $178,475 (6.0%) $203,760 (-3.3%) 0.61 3,144
2018-12-01 $179,900 (6.8%) $206,745 (4.5%) 0.62 2,987
2019-01-01 $183,725 (9.4%) $208,978 (6.0%) 0.63 2,797
2019-02-01 $184,975 (10.0%) $210,193 (6.9%) 0.62 2,784
2019-03-01 $187,629 (10.5%) $214,423 (7.9%) 0.61 2,692
2019-04-01 $189,925 (10.3%) $218,853 (9.0%) 0.60 2,620
2019-05-01 $191,475 (10.4%) $221,680 (10.2%) 0.60 2,621
2019-06-01 $191,950 (9.7%) $222,335 (9.4%) 0.60 2,597
2019-07-01 $191,450 (8.5%) $222,094 (8.1%) 0.60 2,654
2019-08-01 $191,727 (8.2%) $223,539 (9.5%) 0.61 2,638
2019-09-01 $190,755 (7.5%) $224,757 (10.3%) 0.61 2,611
2019-10-01 $190,583 (7.7%) $226,490 (11.7%) 0.61 2,594
2019-11-01 $195,000 (9.3%) $228,928 (12.4%) 0.64 2,576
2019-12-01 $193,450 (7.5%) $226,399 (9.5%) 0.65 2,442
2020-01-01 $192,950 (5.0%) $226,825 (8.5%) 0.64 2,381
2020-02-01 $192,950 (4.3%) $228,575 (8.8%) 0.63 2,408
2020-03-01 $195,975 (4.5%) $230,152 (7.3%) 0.61 2,308
2020-04-01 $193,950 (2.1%) $228,213 (4.3%) 0.61 2,249
2020-05-01 $202,950 (6.0%) $233,740 (5.4%) 0.62 1,944
2020-06-01 $210,470 (9.7%) $243,421 (9.5%) 0.62 1,598
2020-07-01 $217,088 (13.4%) $245,834 (10.7%) 0.63 1,458
2020-08-01 $216,066 (12.7%) $248,534 (11.2%) 0.62 1,478
2020-09-01 $215,700 (13.1%) $251,572 (11.9%) 0.62 1,413
2020-10-01 $225,950 (18.6%) $256,073 (13.1%) 0.65 1,413
2020-11-01 $232,100 (19.0%) $262,264 (14.6%) 0.68 1,340
2020-12-01 $228,107 (17.9%) $261,980 (15.7%) 0.68 1,353
2021-01-01 $230,000 (19.2%) $267,421 (17.9%) 0.69 1,265
2021-02-01 $230,462 (19.4%) $269,435 (17.9%) 0.67 1,188
2021-03-01 $234,975 (19.9%) $267,420 (16.2%) 0.67 1,148
2021-04-01 $237,611 (22.5%) $268,856 (17.8%) 0.64 1,073
2021-05-01 $245,000 (20.7%) $277,518 (18.7%) 0.65 1,027
2021-06-01 $248,950 (18.3%) $287,782 (18.2%) 0.66 1,016
2021-07-01 $249,900 (15.1%) $285,176 (16.0%) 0.66 1,061
2021-08-01 $247,950 (14.8%) $284,989 (14.7%) 0.66 1,122
2021-09-01 $247,950 (15.0%) $286,008 (13.7%) 0.66 1,098
2021-10-01 $250,000 (10.6%) $292,552 (14.3%) 0.67 1,161
2021-11-01 $253,588 (9.3%) $293,015 (11.7%) 0.68 1,104
2021-12-01 $255,950 (12.2%) $300,425 (14.7%) 0.69 1,022
2022-01-01 $261,500 (13.7%) $306,624 (14.7%) 0.71 911
2022-02-01 $267,656 (16.1%) $310,205 (15.1%) 0.70 881
2022-03-01 $275,000 (17.0%) $317,585 (18.8%) 0.69 870
2022-04-01 $280,000 (17.8%) $320,751 (19.3%) 0.67 931
2022-05-01 $282,600 (15.4%) $329,216 (18.6%) 0.65 1,014
2022-06-01 $281,600 (13.1%) $332,242 (15.5%) 0.63 1,171
2022-07-01 $284,950 (14.0%) $333,165 (16.8%) 0.64 1,498
2022-08-01 $285,475 (15.1%) $329,146 (15.5%) 0.66 1,538
2022-09-01 $291,225 (17.5%) $334,289 (16.9%) 0.68 1,576
2022-10-01 $291,725 (16.7%) $333,290 (13.9%) 0.69 1,840
2022-11-01 $290,975 (14.7%) $328,828 (12.2%) 0.70 1,890
2022-12-01 $291,250 (13.8%) $329,155 (9.6%) 0.72 1,884
2023-01-01 $293,475 (12.2%) $333,079 (8.6%) 0.73 1,877
2023-02-01 $296,975 (11.0%) $336,712 (8.5%) 0.72 1,829
2023-03-01 $298,938 (8.7%) $342,437 (7.8%) 0.71 1,822
2023-04-01 $300,030 (7.2%) $350,990 (9.4%) 0.70 1,666
2023-05-01 $310,000 (9.7%) $355,655 (8.0%) 0.70 1,741
2023-06-01 $303,888 (7.9%) $352,426 (6.1%) 0.68 1,951
2023-07-01 $304,800 (7.0%) $352,381 (5.8%) 0.69 2,112
2023-08-01 $300,950 (5.4%) $352,679 (7.2%) 0.69 2,189
2023-09-01 $299,500 (2.8%) $352,175 (5.4%) 0.70 2,253
2023-10-01 $294,950 (1.1%) $348,420 (4.5%) 0.69 2,414
2023-11-01 $294,213 (1.1%) $345,927 (5.2%) 0.70 2,501
2023-12-01 $295,000 (1.3%) $344,035 (4.5%) 0.72 2,330
2024-01-01 $295,000 (0.5%) $339,830 (2.0%) 0.72 2,303
2024-02-01 $298,570 (0.5%) $340,766 (1.2%) 0.72 2,435
2024-03-01 $299,500 (0.2%) $345,633 (0.9%) 0.70 2,449
EL PASO's median listing price for 2024-03-01 was $299,500, a difference of $562 (0.2%) versus the prior year and $930 versus the prior month.

EL PASO's median listing price comes in at 70% of the national average.

EL PASO's average listing price for 2024-03-01 was $345,633, a difference of $3,196 (0.9%) versus the prior year and $4,867 versus the prior month.

For the 2024-03-01 period, EL PASO had 2,449 MLS listings, a difference of 14 listings (1%) versus the prior month and 627 listings (34%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - EL PASO (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 97 days 1,800 sqft
2018-02-01 100 days 1,800 sqft
2018-03-01 86 days 1,803 sqft
2018-04-01 79 days 1,823 sqft
2018-05-01 80 days 1,823 sqft
2018-06-01 80 days 1,843 sqft
2018-07-01 78 days 1,846 sqft
2018-08-01 71 days 1,859 sqft
2018-09-01 71 days 1,859 sqft
2018-10-01 66 days 1,856 sqft
2018-11-01 70 days 1,855 sqft
2018-12-01 73 days 1,852 sqft
2019-01-01 83 days 1,840 sqft
2019-02-01 74 days 1,841 sqft
2019-03-01 69 days 1,869 sqft
2019-04-01 67 days 1,888 sqft
2019-05-01 65 days 1,905 sqft
2019-06-01 64 days 1,913 sqft
2019-07-01 58 days 1,899 sqft
2019-08-01 60 days 1,908 sqft
2019-09-01 65 days 1,899 sqft
2019-10-01 67 days 1,900 sqft
2019-11-01 72 days 1,913 sqft
2019-12-01 79 days 1,892 sqft
2020-01-01 81 days 1,886 sqft
2020-02-01 70 days 1,874 sqft
2020-03-01 66 days 1,884 sqft
2020-04-01 76 days 1,855 sqft
2020-05-01 83 days 1,892 sqft
2020-06-01 76 days 1,903 sqft
2020-07-01 66 days 1,936 sqft
2020-08-01 57 days 1,952 sqft
2020-09-01 46 days 1,909 sqft
2020-10-01 54 days 1,937 sqft
2020-11-01 65 days 1,967 sqft
2020-12-01 68 days 1,954 sqft
2021-01-01 67 days 1,954 sqft
2021-02-01 50 days 1,916 sqft
2021-03-01 50 days 1,925 sqft
2021-04-01 56 days 1,913 sqft
2021-05-01 44 days 1,987 sqft
2021-06-01 42 days 1,987 sqft
2021-07-01 43 days 1,975 sqft
2021-08-01 38 days 1,932 sqft
2021-09-01 44 days 1,937 sqft
2021-10-01 45 days 1,960 sqft
2021-11-01 52 days 1,964 sqft
2021-12-01 65 days 1,959 sqft
2022-01-01 55 days 1,945 sqft
2022-02-01 33 days 1,936 sqft
2022-03-01 36 days 1,910 sqft
2022-04-01 37 days 1,938 sqft
2022-05-01 30 days 1,938 sqft
2022-06-01 34 days 1,930 sqft
2022-07-01 32 days 1,930 sqft
2022-08-01 48 days 1,930 sqft
2022-09-01 52 days 1,941 sqft
2022-10-01 52 days 1,954 sqft
2022-11-01 60 days 1,941 sqft
2022-12-01 68 days 1,941 sqft
2023-01-01 73 days 1,933 sqft
2023-02-01 67 days 1,935 sqft
2023-03-01 60 days 1,930 sqft
2023-04-01 54 days 1,941 sqft
2023-05-01 50 days 1,950 sqft
2023-06-01 53 days 1,941 sqft
2023-07-01 57 days 1,951 sqft
2023-08-01 63 days 1,951 sqft
2023-09-01 64 days 1,941 sqft
2023-10-01 61 days 1,914 sqft
2023-11-01 65 days 1,899 sqft
2023-12-01 74 days 1,894 sqft
2024-01-01 76 days 1,877 sqft
2024-02-01 67 days 1,884 sqft
2024-03-01 58 days 1,897 sqft
EL PASO's median listing age (time on market) for 2024-03-01 was 58 days. This is -3% shorter than the same period one year ago.

EL PASO's median square footage for active listings during the 2024-03-01 period was 1,897 sqft. One year prior, the average listing was 1,930 sqft.

EL PASO, TX Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
79821 El Paso, TX HUD Metro FMR Area $640 $780 $930 $1,300 $1,580
79835 El Paso, TX HUD Metro FMR Area $620 $760 $900 $1,250 $1,530
79836 El Paso, TX HUD Metro FMR Area $570 $700 $830 $1,160 $1,410
79838 El Paso, TX HUD Metro FMR Area $570 $700 $830 $1,150 $1,410
79849 El Paso, TX HUD Metro FMR Area $570 $700 $830 $1,150 $1,410
79853 El Paso, TX HUD Metro FMR Area $570 $700 $830 $1,150 $1,410
79901 El Paso, TX HUD Metro FMR Area $570 $700 $830 $1,150 $1,410
79902 El Paso, TX HUD Metro FMR Area $620 $760 $900 $1,250 $1,530
79903 El Paso, TX HUD Metro FMR Area $580 $710 $840 $1,170 $1,430
79904 El Paso, TX HUD Metro FMR Area $610 $740 $880 $1,230 $1,500
79905 El Paso, TX HUD Metro FMR Area $570 $700 $830 $1,150 $1,410
79906 El Paso, TX HUD Metro FMR Area $1,010 $1,240 $1,470 $2,050 $2,500
79907 El Paso, TX HUD Metro FMR Area $650 $790 $940 $1,310 $1,600
79908 El Paso, TX HUD Metro FMR Area $1,010 $1,240 $1,470 $2,050 $2,500
79910 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79911 El Paso, TX HUD Metro FMR Area $1,010 $1,240 $1,470 $2,050 $2,500
79912 El Paso, TX HUD Metro FMR Area $790 $970 $1,150 $1,600 $1,960
79913 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79914 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79915 El Paso, TX HUD Metro FMR Area $580 $720 $850 $1,180 $1,450
79916 El Paso, TX HUD Metro FMR Area $1,010 $1,240 $1,470 $2,050 $2,500
79917 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79918 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79920 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79922 El Paso, TX HUD Metro FMR Area $760 $930 $1,100 $1,530 $1,870
79923 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79924 El Paso, TX HUD Metro FMR Area $680 $830 $990 $1,380 $1,690
79925 El Paso, TX HUD Metro FMR Area $780 $960 $1,140 $1,590 $1,940
79926 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79927 El Paso, TX HUD Metro FMR Area $600 $730 $870 $1,210 $1,480
79928 El Paso, TX HUD Metro FMR Area $740 $900 $1,070 $1,490 $1,820
79929 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79930 El Paso, TX HUD Metro FMR Area $620 $760 $900 $1,250 $1,530
79931 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79932 El Paso, TX HUD Metro FMR Area $700 $860 $1,020 $1,420 $1,740
79934 El Paso, TX HUD Metro FMR Area $890 $1,100 $1,300 $1,810 $2,210
79935 El Paso, TX HUD Metro FMR Area $670 $820 $970 $1,350 $1,650
79936 El Paso, TX HUD Metro FMR Area $800 $980 $1,160 $1,620 $1,980
79937 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79938 El Paso, TX HUD Metro FMR Area $840 $1,030 $1,220 $1,700 $2,080
79940 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79941 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79942 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79943 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79944 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79945 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79946 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79947 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79948 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79949 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79950 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79951 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79952 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79953 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79954 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79955 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79968 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79995 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79996 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
79997 El Paso, TX HUD Metro FMR Area $670 $830 $980 $1,360 $1,670
88063 El Paso, TX HUD Metro FMR Area $660 $710 $830 $1,170 $1,350

2022 Average & Median Rent Data Statistics
EL PASO, TX average 1BR rent: $848, median: $830
EL PASO, TX average 2BR rent: $1,003, median: $980
EL PASO, TX average 3BR rent: $1,395, median: $1,360

EL PASO, TX Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 7,745 $1,932,285,000 $249,488
Cash Out Refi 1,218 $181,180,000 $148,752
Home Improvement 662 $50,240,000 $75,891
Other 425 $36,965,000 $86,976
Refi 375 $243,915,000 $650,440

El Paso's most frequently cited loan purpose was Home Purchase, with 7,745 originations. The 2nd most popular reason was Cash Out Refi, with 1,218 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 4,195 $993,975,000 $236,943
7-8% 2,580 $528,100,000 $204,690
5-6% 2,099 $574,815,000 $273,852
Over 8% 1,029 $144,975,000 $140,889
4-5% 254 $69,850,000 $275,000
<2.5% 114 $18,510,000 $162,368
3-4% 25 $3,605,000 $144,200
2.5-3% 8 $1,910,000 $238,750

During 2023, El Paso's most frequently originated rate bucket was 6-7%, with 4,195 originations.

Loan Sizing (EL PASO, TX MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 5,064 $1,361,050,000 $268,770
$100k-200k 2,956 $456,220,000 $154,337
$100,000 or less 1,792 $100,900,000 $56,306
$400k-600k 479 $223,365,000 $466,315
$600k-1000k 95 $67,675,000 $712,368
$Over $1MM 39 $235,375,000 $6,035,256

EL PASO's loan sizing saw the bucket of loans from $200k-400k with 5,064 originations, totaling $1,361,050,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 5,792 $1,491,160,000 $257,452
60-80% 1,650 $394,040,000 $238,812
20-40% 803 $71,935,000 $89,583
40-60% 730 $210,340,000 $288,137
Under 20% 697 $24,255,000 $34,799
Over 100% 672 $209,380,000 $311,577