Horizon North, El Paso, TX—79934
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Horizon North, El Paso, TX
As of Oct '25, the median home price in Horizon North, El Paso, TX is $242,000, with a year-over-year change of 0.6%. This indicates that home prices in Horizon North, El Paso, TX are flat. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $242,000 | 0.6% |
| Single Family | $242,000 | 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 | N/A | N/A |
3 Bed | $229,000 | 1.3% |
4 Bed | $269,000 | 0.4% |
| 5 Bed | $332,000 | -0.6% |
% of Housing Stock
Rental Trends — Horizon North, El Paso, TX
As of July '25, Rentcast reports the average rent in Horizon North, El Paso, TX is $1,790, with a year-over-year rent change of -4.3%. Per bedroom, the median rent as of July '25 in Horizon North, El Paso, TX is 1-bedrooms: $1,130, 2-bedrooms: $799, 3-bedrooms: $1,740, 4-bedrooms: $1,920. The most common rental property sizes in Horizon North, El Paso, TX are 2-bedroom and 3-bedroom, accounting for 47.2% and 31.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,790 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,080 | $1,130 |
| 2 Bed Rent | $799 | $799 |
| 3 Bed Rent | $1,700 | $1,740 |
| 4 Bed Rent | $1,900 | $1,920 |
% of Rental Stock
Property Listings — Horizon North, El Paso, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Horizon North, El Paso, TX is 81. This is a decrease of -29.0% from last year, suggesting that homes are sitting on the market shorter 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 | $273,000 | -4.0% |
Listing Count | 257 | -37.0% |
| Listings as % of Homes | 0.3% | -37.0% |
Days on Market | 81 | -29.0% |
Demographics — Horizon North, El Paso, TX
As of the latest ACS Survey released in 2023, Horizon North, El Paso, TX has a population of 27,300, which has increased by 4.0% over the past 5 years. Horizon North, El Paso, TX is a popular place for families, as children make up 29.1% of the population. The area has a moderately educated workforce, with 36.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,300 | 4.0% |
% Under 18 | 29.1% | -10.5% |
% Seniors | 6.6% | 43.5% |
% WFH | 10.1% | 494.1% |
% w/ College Degree | 36.6% | 7.3% |
As of the latest ACS Survey released in 2023, Horizon North, El Paso, TX is a predominantly hispanic area, with 63.0% of the population identifying as hispanic. The hispanic population has grown by 11.7% in the last 5 years. The second most common race or ethnicity in Horizon North, El Paso, TX is white, making up 18.5% of the population. Foreign-born residents account for 14.6% of the population in Horizon North, El Paso, TX, and this percentage has increased by 30.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 18.5% | -32.7% |
% Black | 10.6% | -13.8% |
% Hispanic | 63.0% | 11.7% |
% Asian | 3.2% | 33.3% |
% Foreign Born | 14.6% | 30.4% |
Mortgage and Risk — Horizon North, El Paso, TX
According to HUD data as of 2023, there were 263 mortgage originations in Horizon North, El Paso, TX, of which 47.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 56.0% above 90% LTV (very high). This implies large mortgage risk in Horizon North, El Paso, TX. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 263 |
% Conventional Loans | 47.0% |
% Government Loans | 53.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Horizon North, El Paso, TX
As of 2024, the percent of homes in Horizon North, El Paso, TX under the Section 8 program is 3.7%. 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 Horizon North, 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 | 122 |
Total Units Section 8 | 122 |
% Rentals under Section 8 | 3.7% |
% Occupied Section 8 | 89.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $280 | $1,080 | $1,360 |
| 2 Bedroom | $791 | $799 | $1,590 |
| 3 Bedroom | $500 | $1,700 | $2,200 |
| 4 Bedroom | $770 | $1,900 | $2,670 |
Affordability — Horizon North, El Paso, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $242,000 |
| Median Household Income | $75,400 |