Housing in Odessa, TX

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

Housing Market Snapshot

Source: Redfin — November 2025

Median Sale Price

$180,000

Median List Price

$315,000

Price Per Sq Ft

$144

Days on Market

49

Active Inventory

404

Months of Supply

404.0

Buyer's market

Zillow Home Value

$244,427

ZHVI — January 2026

Zillow Rent Index

$1,537

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 35.8%List Price 8.9%Mar 24Nov 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

43.8%

Sold Above Asking
0.0%
Under Contract in 2 Wks
43.8%
Listings with Price Drops
24.8%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

117

Pending Sales

16

Homes Sold 99.4%New Listings 25.0%Pending 88.3%Mar 24Nov 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$144

Median List $/SF

$165

Sale $/SF 7.1%List $/SF 6.5%Mar 24Nov 25

Odessa vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 100,000 - 250,000 residents. Odessa 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

$208,000

Median Rent

$1,322

Total Housing Units

48,834

Vacancy Rate

7.9%

Owner Occupied

59.2%

Renter Occupied

40.8%

Median Property Tax

$2,843

per year

Monthly Cost (w/ Mortgage)

$1,109

Housing Types

Single Family
66.3%
Multi-Family
30.3%
Mobile Home
3.4%

The current median sale price in Odessa, TX is $180,000 according to Redfin data. Homes spend a median of 49 days on the market. 0.0% of homes sold above asking price. The market has 404.0 months of supply. The median price per square foot is $144. Zillow's observed rent index is $1,537/month. About 59.2% of housing units are owner-occupied. The median year homes were built is 1978. There are 48,834 total housing units.