The story of this market
The typical home in ZIP 79938 sells for about $305,600, or $152 per square foot.
Prices are up +3.5% from a year ago, so sellers still have some momentum. Homes take about 65 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,975 a month.
ZIP 79938 — El Paso
The 79938 housing market is experiencing high demand driven by its status as a primary growth corridor in Far East El Paso. Prices have seen steady year-over-year appreciation, supported by a strong influx of families seeking newer, affordable housing. While inventory remains tight, the area's economic momentum and development pipeline suggest continued stability.
This ZIP is ideal for family buyers seeking affordable, newer construction homes and for commuters who prioritize space over proximity to the city center.
Median prices moved up 3.5% year over year.
Homes spend a median of 65 days on market with 3.8 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.1% · poverty 9.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 79938
The area is served by the Socorro Independent School District, which generally maintains a stable reputation within the El Paso region.
The region is subject to high heat and occasional flash flooding, typical of the Chihuahuan Desert climate.
79938 is characterized by high growth and significant residential development in the Far East El Paso corridor.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Residents primarily rely on personal vehicles for commuting to employment hubs in central El Paso via major highway corridors like I-10 and Loop 375.
The area features proximity to the El Paso Mission Trail and various community parks, with shopping and dining concentrated along major arterial roads.
The rental market is active with high demand driven by the area's rapid population growth and family-oriented housing stock.
The local economy is anchored by military, government, and logistics sectors, with significant momentum in the Far East residential expansion.
Transportation is heavily reliant on the I-10 and Loop 375 highway network connecting the Far East side to the broader El Paso metro area.
Ongoing residential development continues to expand the footprint of the Far East side, with infrastructure projects supporting new housing tracts.
The El Paso Central Appraisal District manages property assessments for the county, utilizing mass appraisal techniques.
Parcels in this ZIP are subject to Socorro ISD taxes and various municipal utility district assessments.
Property insurance premiums are influenced by regional wildfire and wind risks, consistent with broader West Texas trends.
Data retrieved from U.S. Census Bureau ZCTA profiles.
- Oasis Water Park4.318.7 mi
- American Eagle Paintball4.812.5 mi
- American Eagle Paintball4.812.5 mi
- Wow Party Hall4.418.7 mi
- The Haunted Houses of Terror4.616.3 mi
- Hueco Tanks State Park & Historic Site4.78.8 mi
- RENT a UTV El Paso4.812.4 mi
- Hueco Tanks State Park & Historic Site4.78.8 mi
- Hueco Tanks Park Entry4.69.2 mi
- El Paso International Airport4.526.4 mi
- EpShuttles4.728.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A historic route featuring centuries-old missions and cultural sites.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.