Is Odessa, TX 79766 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

Ector County, TX

Population	11,041
Median income	$74,407
Average income	$90,706
Median home value	$140,800
Median rent	$1,158/month
Owner-occupied	83% of homes
Median year built	2001

Natural hazard riskWinter storms (very high), hail (very 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 79766; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 79766

Prefilled for 79766Can I win this house?Multiple-offer likelihood for a listing Prefilled for 79766Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Gardendale 79758 — /sq ft Goldsmith 79741 — /sq ft Odessa 79761 $88 /sq ft Odessa 79762 $123 /sq ft Browse all markets →

Towns like Odessa nearby

Find towns like Odessa in other states →

Odessa, TX79764 · 8 miles away75% similarlarger · more renters Andrews, TX79714 · 39 miles away73% similarpricier homes ($55K more) · larger Odessa, TX79763 · 5 miles away69% similarlarger · more renters Crane, TX79731 · 27 miles away67% similarsmaller · 6 min shorter commute

Where Odessa is

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Questions about Odessa real estate

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.

Local agents

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More tools for 79766

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 Ector County property taxes Ector 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