Fabens Area, El Paso, TX—79936
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fabens Area, El Paso, TX
As of Oct '25, the median home price in Fabens Area, El Paso, TX is $215,000, with a year-over-year change of 1.0%. This indicates that home prices in Fabens Area, El Paso, TX are flat. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $215,000 | 1.0% |
| Single Family | $216,000 | 0.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $159,000 | 0.6% |
3 Bed | $210,000 | 0.5% |
4 Bed | $263,000 | 0.8% |
| 5 Bed | $396,000 | 1.3% |
% of Housing Stock
Rental Trends — Fabens Area, El Paso, TX
As of July '25, Rentcast reports the average rent in Fabens Area, El Paso, TX is $1,570, with a year-over-year rent change of -1.9%. Per bedroom, the median rent as of July '25 in Fabens Area, El Paso, TX is studios: $1,600, 1-bedrooms: $895, 2-bedrooms: $1,170, 3-bedrooms: $1,620, 4-bedrooms: $2,020. The most common rental property sizes in Fabens Area, El Paso, TX are 3-bedroom and 2-bedroom, accounting for 36.7% and 31.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,570 |
| Studio Rent | $1,600 | $1,600 |
| 1 Bed Rent | $875 | $895 |
| 2 Bed Rent | $1,150 | $1,170 |
| 3 Bed Rent | $1,600 | $1,620 |
| 4 Bed Rent | $1,850 | $2,020 |
% of Rental Stock
Property Listings — Fabens Area, El Paso, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Fabens Area, El Paso, TX is 54. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $241,000 | -3.0% |
Listing Count | 217 | 34.0% |
| Listings as % of Homes | 0.2% | 34.0% |
Days on Market | 54 | 0.0% |
Demographics — Fabens Area, El Paso, TX
As of the latest ACS Survey released in 2023, Fabens Area, El Paso, TX has a population of 104,000, which has decreased by -7.1% over the past 5 years. Fabens Area, El Paso, TX is a moderately popular place for families, as children make up 22.9% of the population. The area has a moderately educated workforce, with 27.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 104,000 | -7.1% |
% Under 18 | 22.9% | -13.9% |
% Seniors | 13.6% | 47.8% |
% WFH | 7.1% | 129.0% |
% w/ College Degree | 27.7% | 14.0% |
As of the latest ACS Survey released in 2023, Fabens Area, El Paso, TX is a predominantly hispanic area, with 86.0% of the population identifying as hispanic. The hispanic population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Fabens Area, El Paso, TX is white, making up 8.7% of the population. Foreign-born residents account for 20.5% of the population in Fabens Area, El Paso, TX, and this percentage has decreased by 6.4% 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 | 8.7% | -3.3% |
% Black | 3.1% | 19.2% |
% Hispanic | 86.0% | -0.9% |
% Asian | 1.1% | -15.4% |
% Foreign Born | 20.5% | -6.4% |
Mortgage and Risk — Fabens Area, El Paso, TX
According to HUD data as of 2023, there were 418 mortgage originations in Fabens Area, El Paso, TX, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Fabens Area, El Paso, TX. Investor activity is low, as 4.0% of loans were by investors. 22.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 418 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 22.0% |
Loan Activity
Rentals and Section 8 — Fabens Area, El Paso, TX
As of 2024, the percent of homes in Fabens Area, El Paso, TX under the Section 8 program is 6.6%. 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 Fabens Area, 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 | 738 |
Total Units Section 8 | 732 |
% Rentals under Section 8 | 6.6% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $305 | $875 | $1,180 |
| 2 Bedroom | $230 | $1,150 | $1,380 |
| 3 Bedroom | $310 | $1,600 | $1,910 |
| 4 Bedroom | $470 | $1,850 | $2,320 |
Affordability — Fabens Area, El Paso, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $215,000 |
| Median Household Income | $65,000 |