What Is My Home Worth Right Now?
By Jeff and Lane Morrell · October 2026
The Morrell Group | eXp Realty
Online estimates are a starting point, not an answer. In the current rebalancing market, accurate value comes from recent comparable sales, condition, and location specifics. The county median is about $470,000 as of Oct 19, 2026 (Elevate), but your home's number depends on its own comps, not a median.
Why the median doesn't answer it
A $470,000 county median (Elevate, Oct 19, 2026) tells you about El Paso County overall, not about your block. A median lumps a dated ranch in one zip with a renovated two-story in another; neither is a reliable guide to your value.
Your home's value is set by homes like it that actually closed recently near you.
What actually sets your value
Closed comps from the last 90 days, price per square foot, condition, lot, updates, and how long similar homes take to sell. Days on market context matters too: with 356 of 3,232 active listings carrying price cuts as of Oct 19, 2026, pricing discipline is everything.
An overpriced home does not just sit; it reads as stale to buyers and gets negotiated down harder later.
How we do it
We pull your real comps, account for condition and updates, and give you a free, no-obligation valuation through our home valuation page, with real evidence, not an algorithm.
You get a range, the comps behind it, and our honest read on what moves the number up.
This market rewards realistic pricing. We have seen overpriced homes sit for months while sharp-priced neighbors sold close to list, and we would rather tell you the truth now than watch your listing go stale. Text us and we will pull your comps this week. Rest easy, we have done this a time or two.
Here when you're ready, Jeff & Lane Morrell
- Elevate MLS market update, Oct 19, 2026, authored by Jeff Morrell
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Every market and every home is different. Text us at 719-499-9394 and we will give you a straight answer, or book a free consultation and we will talk it through.
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