Is Odessa, TX 79765 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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.

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

Sold above original list—Share of sales, last 3 months

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

Median days on market—Listing to accepted offer

Median price per sq ft—

The Odessa housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Midland County, TX

Population	25,904
Median income	$104,965
Average income	$129,226
Median home value	$302,300
Median rent	$1,514/month
Owner-occupied	65% of homes
Median year built	2014

Natural hazard riskHail (very high), tornadoes (relatively high), winter storms (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 79765; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 79765

Prefilled for 79765Can I win this house?Multiple-offer likelihood for a listing Prefilled for 79765Over-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 Midland 79707 $162 /sq ft Browse all markets →

Towns like Odessa nearby

Find towns like Odessa in other states →

Midland, TX79706 · 23 miles away84% similarolder residents · more homeowners Midland, TX79705 · 19 miles away76% similarpricier homes ($49K more) · larger Midland, TX79707 · 16 miles away73% similarpricier homes ($87K more) · larger Odessa, TX79762 · 4 miles away51% similarlower income ($30K less) · cheaper homes ($69K less)

Where Odessa is

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Questions about Odessa real estate

What are property taxes in Odessa?

About 1.23% of a home’s value a year in Midland County, or roughly $4,920 on a $400,000 home.

Local agents

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More tools for 79765

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 Midland County property taxes Midland 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