Is Midland, TX 79707 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-list94.2%Sold price ÷ list price

Median days on market65Listing to accepted offer

Median price per sq ft$162

The Midland housing market right now

In the three months ending August 31, 2026, 0% of homes in Midland, TX 79707 sold above their list price and the typical home went under contract in 65 days. With only 3 sales, these figures can swing a lot from month to month.

About the area

Midland County, TX

Population	40,010
Median income	$99,886
Average income	$154,036
Median home value	$389,400
Median rent	$1,488/month
Owner-occupied	60% of homes
Median year built	1991

Natural hazard riskWinter storms (very high), hail (very high), tornadoes (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 79707; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 79707

Prefilled for 79707Can I win this house?Multiple-offer likelihood for a listing Prefilled for 79707Over-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 79706 $181 /sq ft Odessa 79765 — /sq ft Browse all markets →

Towns like Midland nearby

Find towns like Midland in other states →

Midland, TX79705 · 3 miles away92% similarcheaper homes ($38K less) Odessa, TX79765 · 16 miles away73% similarcheaper homes ($87K less) · smaller Midland, TX79706 · 12 miles away66% similarcheaper homes ($73K less) · more homeowners Odessa, TX79762 · 15 miles away66% similarcheaper homes ($157K less) · older homes

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 65 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 94.2% 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 $419,818 in the three months ending August 31, 2026, about $162 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