79928, El Paso, TX

The El Paso, TX 79928 zip code has a median home value of $137,500 and a median home equity of $101,000. The 79928 zip code has a lower than average percentage of homeowners with a mortgage at 66%. This indicates that most people in the 79928 zip code are able to borrow money against their home equity to cover monthly expenses. The percentage of people in the 79928 zip code who owe more on their mortgage than their home is worth is also lower than average at 5%. This indicates that most people in the 79928 zip code are able to pay off their mortgages within 3 years.

The El Paso, TX 79928 zip code has a higher than average percentage of renters at 34%. This indicates that most people in the 79928 zip code are not able to own or purchase a home due to financial constraints. The percentage of people in the 79928 zip code who have owned or purchased a home within the past 5 years is also higher than average at 57%. This indicates that there is an increasing demand for homes in the 79928 zip code.