Central, El Paso, TX 79903 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Central, El Paso, TX—79903

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$172,000

0.0% YoY Growth

Household Income

$38,300

22.7% YoY Growth

Days on Market

4.0% Longer YoY

Home Price Forecast

1.8%

Median Rent

$980

9.7% YoY Growth

1-Bed Rent

$825

13.3% YoY Growth

2-Bed Rent

$1,250

10.3% YoY Growth

3-Bed Rent

$1,450

10.3% YoY Growth

Home Price Trends — Central, El Paso, TX

As of Dec '25, the median home price in Central, El Paso, TX is $172,000, with a year-over-year change of 0.0%. This indicates that home prices in Central, El Paso, TX are flat. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$172,000	0.0%
Single Family	$172,000	-0.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Central, El Paso, TX

As of July '25, Rentcast reports the average rent in Central, El Paso, TX is $1,120, with a year-over-year rent change of -9.7%. Per bedroom, the median rent as of July '25 in Central, El Paso, TX is studios: $1,400, 1-bedrooms: $795, 2-bedrooms: $1,280, 3-bedrooms: $1,400, 4-bedrooms: $1,700. The most common rental property sizes in Central, El Paso, TX are 2-bedroom and 1-bedroom, accounting for 40.8% and 22.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$980	$1,120
Studio Rent	$725	$1,400
1 Bed Rent	$825	$795
2 Bed Rent	$1,250	$1,280
3 Bed Rent	$1,450	$1,400
4 Bed Rent	$1,700	$1,700

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% of Rental Stock

Studio

9.2%

1 Bedroom

22.9%

2 Bedrooms

40.8%

3 Bedrooms

20.8%

4 Bedrooms

5.4%

5+ Bedrooms

1.0%

Property Listings — Central, El Paso, TX

As of Dec '25, Realtor.com reports that the median days on market for a home in Central, El Paso, TX is 49. This is a increase of 21.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 32.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$219,000	-11.0%
Listing Count	42	53.0%
Listings as % of Homes	0.3%	53.0%
Days on Market	54	4.0%

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Demographics — Central, El Paso, TX

As of the latest ACS Survey released in 2023, Central, El Paso, TX has a population of 15,100, which has decreased by -7.8% over the past 5 years. Central, El Paso, TX is a moderately popular place for families, as children make up 21.5% of the population. The area has a poorly educated workforce, with 15.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	15,100	-7.8%
% Under 18	21.5%	10.8%
% Seniors	21.2%	5.0%
% WFH	7.3%	143.3%
% w/ College Degree	15.8%	-1.9%

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As of the latest ACS Survey released in 2023, Central, El Paso, TX is a predominantly hispanic area, with 93.8% of the population identifying as hispanic. The hispanic population has grown by 4.9% in the last 5 years. The second most common race or ethnicity in Central, El Paso, TX is white, making up 5.7% of the population. Foreign-born residents account for 29.5% of the population in Central, El Paso, TX, and this percentage has decreased by 5.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	5.7%	-26.9%
% Black	0.2%	-87.5%
% Hispanic	93.8%	4.9%
% Asian	0.4%	-42.9%
% Foreign Born	29.5%	-5.8%

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Mortgage and Risk — Central, El Paso, TX

According to HUD data as of 2023, there were 131 mortgage originations in Central, El Paso, TX, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Central, El Paso, TX. Investor activity is low, as 10.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	131
% Conventional Loans	75.0%
% Government Loans	25.0%
% Investor Loans	10.0%
% Second Loans	0.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Central, El Paso, TX

As of 2024, the percent of homes in Central, El Paso, TX under the Section 8 program is 19.8%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Central, El Paso, TX, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD	466
Total Units Section 8	466
% Rentals under Section 8	19.8%
% Occupied Section 8	95.8%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$65	$825	$890
2 Bedroom	-$210	$1,250	$1,040
3 Bedroom	-$10	$1,450	$1,440
4 Bedroom	$60	$1,700	$1,760

Central, El Paso, TX—79903

Key Metrics at a Glance

Home Price Trends — Central, El Paso, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Central, El Paso, TX

% of Rental Stock

Property Listings — Central, El Paso, TX

Demographics — Central, El Paso, TX

Race and Ethnicity

Mortgage and Risk — Central, El Paso, TX

Mortgages

Rentals and Section 8 — Central, El Paso, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Central, El Paso, TX

Home Price to Income Ratio

Central, El Paso, TX — ZIP Code Boundary Map

Nearby ZIP Codes

Fort Bliss Area, El Paso, TX

Fort Bliss, TX

Socorro, El Paso, TX

Downtown El Paso, El Paso, TX

West Central, El Paso, TX

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.9
Median Home Price	$172,000
Median Household Income	$38,300

Central, El Paso, TX—79903

Key Metrics at a Glance

Home Price Trends — Central, El Paso, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Central, El Paso, TX

% of Rental Stock

Property Listings — Central, El Paso, TX

Demographics — Central, El Paso, TX

Race and Ethnicity

Mortgage and Risk — Central, El Paso, TX

Mortgages

Rentals and Section 8 — Central, El Paso, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Central, El Paso, TX

Home Price to Income Ratio

Central, El Paso, TX — ZIP Code Boundary Map

Nearby ZIP Codes

Fort Bliss Area, El Paso, TX

Fort Bliss, TX

Socorro, El Paso, TX

Downtown El Paso, El Paso, TX

West Central, El Paso, TX

Frequently Asked Questions

What is the average home price in Central, El Paso, TX 79903?

How have home prices in Central, El Paso, TX 79903 changed over the past year?

What is the home price projection for Central, El Paso, TX 79903?

What are the demographics of Central, El Paso, TX 79903?

How long does it take homes to sell in Central, El Paso, TX 79903?

What is the average rent price in Central, El Paso, TX 79903?