local
Cities with the most expensive homes in Texas
By Stacker at KVIA ABC-7
· July 15, 2026
· 5 min read
FOTOGRIN // Shutterstock
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
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Key takeaway The typical home value in the United States was $368,720 in May, 0.
Why this matters in The El Paso
El Paso 's relatively affordable housing market stands in contrast to the pricey cities listed, with none of its neighborhoods ranking among the top 30 most expensive in Texas. The typical home value in El Paso is significantly lower than the values listed for cities like Lakeway and Prosper, which may make the city more attractive to first-time homebuyers and those looking for a more affordable place to live. However, the high mortgage rates, currently at 6.52% for a 30-year fixed mortgage, will still affect monthly payments for buyers in El Paso, making it crucial for prospective homeowners to carefully consider their options. As the housing market continues to evolve, El Pasoans will be watching to see how local home values and affordability are impacted, particularly in comparison to other major Texas cities like Dallas and Austin.
About this story
Original reporting by KVIA ABC-7 . The El Paso surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KVIA ABC-7 . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 15, 2026 ·
Source: KVIA ABC-7 ·
Reading time: 5 min
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What is this story about? FOTOGRIN // Shutterstock
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
...
When was this published? This article was first published on July 15, 2026 by KVIA ABC-7 and curated for The El Paso readers.
Who reported this story? This story was reported by Stacker at KVIA ABC-7. To learn more about how The El Paso selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The El Paso, or browse our daily briefing and topic hubs .
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