Eastlake, El Paso, TX—79938
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Eastlake, El Paso, TX
As of Oct '25, the median home price in Eastlake, El Paso, TX is $248,000, with a year-over-year change of 0.4%. This indicates that home prices in Eastlake, El Paso, TX are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $248,000 | 0.4% |
| Single Family | $248,000 | 0.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $164,000 | 1.9% |
3 Bed | $233,000 | 0.9% |
4 Bed | $275,000 | 0.4% |
| 5 Bed | $347,000 | 0.6% |
% of Housing Stock
Rental Trends — Eastlake, El Paso, TX
As of July '25, Rentcast reports the average rent in Eastlake, El Paso, TX is $1,820, with a year-over-year rent change of -0.5%. Per bedroom, the median rent as of July '25 in Eastlake, El Paso, TX is studios: $1,470, 1-bedrooms: $1,120, 2-bedrooms: $1,090, 3-bedrooms: $1,750, 4-bedrooms: $1,920. The most common rental property sizes in Eastlake, El Paso, TX are 3-bedroom and 2-bedroom, accounting for 40.1% and 23.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,820 |
| Studio Rent | $1,470 | $1,470 |
| 1 Bed Rent | $1,020 | $1,120 |
| 2 Bed Rent | $1,080 | $1,090 |
| 3 Bed Rent | $1,700 | $1,750 |
| 4 Bed Rent | $1,850 | $1,920 |
% of Rental Stock
Property Listings — Eastlake, El Paso, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Eastlake, El Paso, TX is 77. This is a increase of 7.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $306,000 | 5.0% |
Listing Count | 958 | 43.0% |
| Listings as % of Homes | 1.2% | 43.0% |
Days on Market | 77 | 7.0% |
Demographics — Eastlake, El Paso, TX
As of the latest ACS Survey released in 2023, Eastlake, El Paso, TX has a population of 97,900, which has increased by 22.1% over the past 5 years. Eastlake, El Paso, TX is a popular place for families, as children make up 33.0% of the population. The area has a moderately educated workforce, with 27.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 97,900 | 22.1% |
% Under 18 | 33.0% | -2.9% |
% Seniors | 5.7% | 46.2% |
% WFH | 7.6% | 153.3% |
% w/ College Degree | 27.6% | 10.0% |
As of the latest ACS Survey released in 2023, Eastlake, El Paso, TX is a predominantly hispanic area, with 82.9% of the population identifying as hispanic. The hispanic population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Eastlake, El Paso, TX is white, making up 10.5% of the population. Foreign-born residents account for 19.9% of the population in Eastlake, El Paso, TX, and this percentage has decreased by 10.4% 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 | 10.5% | 9.4% |
% Black | 4.2% | -26.3% |
% Hispanic | 82.9% | -0.5% |
% Asian | 0.9% | 12.5% |
% Foreign Born | 19.9% | -10.4% |
Mortgage and Risk — Eastlake, El Paso, TX
Eastlake, El Paso, TX lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Eastlake, El Paso, TX
As of 2024, the percent of homes in Eastlake, El Paso, TX under the Section 8 program is 9.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Eastlake, El Paso, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 522 |
Total Units Section 8 | 522 |
% Rentals under Section 8 | 9.2% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $270 | $1,020 | $1,290 |
| 2 Bedroom | $430 | $1,080 | $1,510 |
| 3 Bedroom | $390 | $1,700 | $2,090 |
| 4 Bedroom | $690 | $1,850 | $2,540 |
Affordability — Eastlake, El Paso, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $248,000 |
| Median Household Income | $75,800 |