El Paso, IL, Real Estate
El Paso, Illinois, is a small, charming city in Woodford and McLean Counties, with a population of around 2,800 as of the 2020 census. Known for its tight-knit community and classic Midwestern vibe, it offers a peaceful, small-town lifestyle with easy access to larger cities like Bloomington and Peoria. The city features a historic downtown with local shops and eateries, and its annual events, like the El Paso Corn Festival, celebrate its agricultural roots. With highly rated schools, including El Paso-Gridley High School, and a low crime rate, it’s an ideal spot for families seeking a quiet, friendly environment.
El Paso currently has 7 single family homes for sale with an average list price of $176,671.43 and 1 lot for sale with a list price of $400,000. The average annual property tax for El Paso is $3,318.91.
Browse El Paso
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in El Paso, i.e. what's hot and what's not.
See What's Hot & What's Not in El Paso
Market Trends
El Paso home sales for the month of January rose in volume by 400% when compared to last year, while the median sale price rose by 5.9% from $170,000 to $180,000. House sales rose by 300%, while the median sale price rose by 35.3% from $170,000 to $230,000. Townhouse sales decreased, while the median sale price decreased.
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49
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22
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25
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31
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| 2022 | 2023 | 2024 | 2025 |
| # of sales per year | |||
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$150,000
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$143,500
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$185,000
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$185,000
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| 2022 | 2023 | 2024 | 2025 |
| median sale price per year | |||
Median Sale Price for El Paso
Number of Sales for El Paso
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