Is Midland, TX 79701 a buyer’s or seller’s market?
Midland is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Midland housing market right now
In the three months ending August 31, 2026, 0% of homes in Midland, TX 79701 sold above their list price and the typical home went under contract in 134 days. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (69 days then) and the median sale price rose 137% to $178,607. Overall, Midland is less competitive than a year ago, which gives buyers more room.
Run the numbers for 79701
Nearby markets
Midland 79703 — /sq ftMidland 79706 $181 /sq ftMidland 79707 $162 /sq ftOdessa 79765 — /sq ft Browse all markets →Towns like Midland nearby
Find towns like Midland in other states →Where Midland is
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Questions about Midland real estate
How fast do homes sell in Midland?
The typical home went under contract in 134 days in the latest three months.
Do homes in Midland sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Midland?
About 1.23% of a home’s value a year in Midland County, or roughly $4,920 on a $400,000 home.
What is the median home price in Midland?
The median sale price was $178,607 in the three months ending August 31, 2026, about $141 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology