Horizon City, El Paso, TX—79924
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Horizon City, El Paso, TX
As of Oct '25, the median home price in Horizon City, El Paso, TX is $188,000, with a year-over-year change of 0.6%. This indicates that home prices in Horizon City, El Paso, TX are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $188,000 | 0.6% |
| Single Family | $189,000 | 1.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $156,000 | 0.0% |
3 Bed | $189,000 | 0.5% |
4 Bed | $214,000 | 0.9% |
| 5 Bed | $243,000 | 0.4% |
% of Housing Stock
Rental Trends — Horizon City, El Paso, TX
As of July '25, Rentcast reports the average rent in Horizon City, El Paso, TX is $1,480, with a year-over-year rent change of 2.1%. Per bedroom, the median rent as of July '25 in Horizon City, El Paso, TX is studios: $750, 1-bedrooms: $930, 2-bedrooms: $1,170, 3-bedrooms: $1,500, 4-bedrooms: $1,740. The most common rental property sizes in Horizon City, El Paso, TX are 3-bedroom and 2-bedroom, accounting for 42.5% and 31.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,480 |
| Studio Rent | $750 | $750 |
| 1 Bed Rent | $875 | $930 |
| 2 Bed Rent | $1,240 | $1,170 |
| 3 Bed Rent | $1,500 | $1,500 |
| 4 Bed Rent | $1,600 | $1,740 |
% of Rental Stock
Property Listings — Horizon City, El Paso, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Horizon City, El Paso, TX is 92. This is a increase of 50.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $189,000 | -20.0% |
Listing Count | 244 | 30.0% |
| Listings as % of Homes | 0.3% | 30.0% |
Days on Market | 92 | 50.0% |
Demographics — Horizon City, El Paso, TX
As of the latest ACS Survey released in 2023, Horizon City, El Paso, TX has a population of 60,400, which has increased by 1.1% over the past 5 years. Horizon City, El Paso, TX is a moderately popular place for families, as children make up 24.4% of the population. The area has a poorly educated workforce, with 19.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 60,400 | 1.1% |
% Under 18 | 24.4% | -10.6% |
% Seniors | 15.0% | 8.7% |
% WFH | 7.4% | 252.4% |
% w/ College Degree | 19.3% | 15.6% |
As of the latest ACS Survey released in 2023, Horizon City, El Paso, TX is a predominantly hispanic area, with 72.2% of the population identifying as hispanic. The hispanic population has grown by 2.4% in the last 5 years. The second most common race or ethnicity in Horizon City, El Paso, TX is white, making up 15.9% of the population. Foreign-born residents account for 19.4% of the population in Horizon City, El Paso, TX, and this percentage has decreased by 1.0% 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 | 15.9% | -14.1% |
% Black | 8.1% | -1.2% |
% Hispanic | 72.2% | 2.4% |
% Asian | 1.8% | -10.0% |
% Foreign Born | 19.4% | -1.0% |
Mortgage and Risk — Horizon City, El Paso, TX
According to HUD data as of 2023, there were 714 mortgage originations in Horizon City, El Paso, TX, of which 40.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 63.0% above 90% LTV (very high). This implies large mortgage risk in Horizon City, El Paso, TX. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 714 |
% Conventional Loans | 40.0% |
% Government Loans | 60.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Horizon City, El Paso, TX
As of 2024, the percent of homes in Horizon City, El Paso, TX under the Section 8 program is 16.7%. 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 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Horizon City, El Paso, TX, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,341 |
Total Units Section 8 | 1,324 |
% Rentals under Section 8 | 16.7% |
% Occupied Section 8 | 90.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $165 | $875 | $1,040 |
| 2 Bedroom | -$30 | $1,240 | $1,210 |
| 3 Bedroom | $170 | $1,500 | $1,670 |
| 4 Bedroom | $430 | $1,600 | $2,030 |
Affordability — Horizon City, El Paso, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $188,000 |
| Median Household Income | $56,800 |