Housing in Midland, TX

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$146,250

Median List Price

$370,925

Price Per Sq Ft

$107

Days on Market

261

Active Inventory

507

Months of Supply

253.5

Buyer's market

Zillow Home Value

$321,560

ZHVI — January 2026

Zillow Rent Index

$1,573

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 59.0%List Price 2.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

50.0%

Off Market in 2 Weeks

28.1%

Sale-to-List Ratio

100.5%

Seller's market

Sold Above Asking
50.0%
Under Contract in 2 Wks
28.1%
Listings with Price Drops
30.4%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

184

Pending Sales

139

Homes Sold 95.6%New Listings 5.6%Pending 29.8%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$107

Median List $/SF

$190

Sale $/SF 38.2%List $/SF 11.1%Mar 24Jan 26

Midland vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 100,000 - 250,000 residents. Midland is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$298,600

Median Rent

$1,407

Total Housing Units

56,113

Vacancy Rate

5.9%

Owner Occupied

65.1%

Renter Occupied

34.9%

Median Property Tax

$3,886

per year

Monthly Cost (w/ Mortgage)

$1,558

Housing Types

Single Family
69.2%
Multi-Family
28.8%
Mobile Home
2.0%

The current median sale price in Midland, TX is $146,250 according to Redfin data. Homes spend a median of 261 days on the market. 50.0% of homes sold above asking price. The market has 253.5 months of supply. The median price per square foot is $107. Zillow's observed rent index is $1,573/month. About 65.1% of housing units are owner-occupied. The median year homes were built is 1986. There are 56,113 total housing units.