Is Odessa, TX 79762 a buyer’s or seller’s market?
Odessa 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 Odessa housing market right now
In the three months ending August 31, 2026, 0% of homes in Odessa, TX 79762 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 (14 days then) and the median sale price rose 105% to $225,003. Overall, Odessa is more competitive than a year ago, so tougher for buyers.
Run the numbers for 79762
Nearby markets
Gardendale 79758 — /sq ftGoldsmith 79741 — /sq ftOdessa 79761 $88 /sq ftOdessa 79763 — /sq ft Browse all markets →Towns like Odessa nearby
Find towns like Odessa in other states →Where Odessa is
Loading map…
Questions about Odessa real estate
How fast do homes sell in Odessa?
The typical home went under contract in 2 days in the latest three months.
Do homes in Odessa sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 72.6% of the list price.
What are property taxes in Odessa?
About 1.27% of a home’s value a year in Ector County, or roughly $5,080 on a $400,000 home.
What is the median home price in Odessa?
The median sale price was $225,003 in the three months ending August 31, 2026, about $123 per square foot.
Local agents
See all agents in 79762 →No sponsored agents in 79762 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 79762
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology