Is Midland, TX 79705 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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.

Months of supply—Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market2Listing to accepted offer

Median price per sq ft$188▲ +1.0% vs. last year

The Midland housing market right now

In the three months ending August 31, 2026, 0% of homes in Midland, TX 79705 sold above their list price and the typical home went under contract in 2 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 was about the same (0% then), homes sold faster (60 days then) and the median sale price rose 30% to $337,854. Overall, Midland is more competitive than a year ago, so tougher for buyers.

About the area

Martin County, TX

Population	46,653
Median income	$105,310
Average income	$142,111
Median home value	$351,700
Median rent	$1,433/month
Owner-occupied	71% of homes
Median year built	1993

Natural hazard riskTornadoes (relatively high), winter storms (relatively high), hail (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 79705; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 79705

Prefilled for 79705Can I win this house?Multiple-offer likelihood for a listing Prefilled for 79705Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Stanton 79782 — /sq ft Tarzan 79783 — /sq ft Browse all markets →

Towns like Midland nearby

Find towns like Midland in other states →

Midland, TX79707 · 3 miles away92% similarpricier homes ($38K more) Midland, TX79706 · 11 miles away76% similarcheaper homes ($35K less) · newer homes Odessa, TX79765 · 19 miles away76% similarcheaper homes ($49K less) · smaller Odessa, TX79762 · 18 miles away57% similarlower income ($30K less) · cheaper homes ($119K less)

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 2 days in the latest three months.

Do homes in Midland sell over asking?

0% of homes sold above their original list price.

What are property taxes in Midland?

About 0.91% of a home’s value a year in Martin County, or roughly $3,640 on a $400,000 home.

What is the median home price in Midland?

The median sale price was $337,854 in the three months ending August 31, 2026, about $188 per square foot.

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Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Martin County property taxes Martin County loan limits Closing costs in Texas Hottest ZIP codes in Texas

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology