Is Midland, TX 79706 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-list100%Sold price ÷ list price

Median days on market33Listing to accepted offer

Median price per sq ft$181

The Midland housing market right now

In the three months ending August 31, 2026, 0% of homes in Midland, TX 79706 sold above their list price and the typical home went under contract in 33 days. With only 1 sale, these figures can swing a lot from month to month.

About the area

Midland County, TX

Population	34,281
Median income	$108,059
Average income	$132,403
Median home value	$316,400
Median rent	$1,247/month
Owner-occupied	80% of homes
Median year built	2008

Natural hazard riskWinter storms (relatively high), hail (relatively high), wildfire (moderate)

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 79706; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 79706

Prefilled for 79706Can I win this house?Multiple-offer likelihood for a listing Prefilled for 79706Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Midland 79701 $141 /sq ft Midland 79703 — /sq ft Midland 79707 $162 /sq ft Odessa 79765 — /sq ft Browse all markets →

Towns like Midland nearby

Find towns like Midland in other states →

Odessa, TX79765 · 23 miles away84% similaryounger residents · more renters Midland, TX79705 · 11 miles away76% similarpricier homes ($35K more) · older homes Midland, TX79707 · 12 miles away66% similarpricier homes ($73K more) · more renters Odessa, TX79766 · 21 miles away51% similarlower income ($34K less) · cheaper homes ($176K 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 33 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 $374,838 in the three months ending August 31, 2026, about $181 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