79705 Home Values & Market Trends

There are 106 homes currently listed for 79705. 79705 real estate market trends show that home prices range from $135,000 to $2,199,999, and the median sales price in the 79705 zip code is $384,658. The total number of properties sold within the past twelve months is 883. In 79705, 13 properties are in foreclosure, 5 are bank owned properties,and 8 are headed for auction.

79705 Real Estate Market Overview

CityMedian Est. Value
Midland

$ 395,500

$ 179/sqft

Housing Market Summary for 79705

Dec 2023November 2024Change
Median Listing Price$380K$379.9K-0.03%
Median Sold Price$350.4K$386.3K10.26%
Homes For Sale9510510.53%
Homes Sold4104315.12%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 79705

The median list price of a home in Midland, is $384,658. A total of 106 properties are for sale, and the percentage of properties for sale in the zip code is 106.00%. The total count of 79705 properties is 552.

Foreclosure
There is 1 cities within 79705; within this cities, the median estimated home value for homes in foreclosure ranges from $949,286 in midland to the lowest value of $85,774 in midland. Foreclosure homes account for 2.00% of properties in 79705 with midland containing 42 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 79705 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 79705; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 79705 ranges from the highest value of $865,705 in midland to the lowest value of $85,774 in midland. Bank owned homes and properties account for 0.91% of properties in 79705. There is 1 cities within 79705; midland containing 15 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    midland has 27 auction properties, the highest number of properties going to auction in a single city in the state of 79705. Auction homes and other auction properties account for 1.45% of all properties in 79705. There is 1 cities within 79705; of that cities, the median estimated home value for homes going to auction ranges from $949,286 in midland to the lowest value of $204,942 in midland.
Homes for Sale
Homes and properties that are actively listed for sale account for 19.20% of residential properties in 79705 with midland containing 326 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 79705; homes for sale in that cities, have a range of median values from $3,500,000 in midland to the lowest value of $34,190 in midland.
    Sold Homes
    The median value for recently sold homes ranges from $3,805,239 in midland to the lowest price of $22,586 in midland. There is 1 cities within 79705. midland has 1310 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 76.09% of properties in 79705.

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      Guide for 79705

      Market Reports
      Texas Housing Relief: July 2024 Pre-Foreclosure Properties Plunge 38% Yearly
      Home with a messy garden
      Foreclosure
      The Pros And Cons Of Buying A Foreclosed Property
      Texas
      Waco Real Estate Holds Steady: May 2024 Analysis Reveals Consistent Growth and Stable Market Opportunities
      Market Reports
      Real Estate Market Report for Waco, TX – May 2024
      See More Articles
      Texas Housing Relief: July 2024 Pre-Foreclosure Properties Plunge 38% Yearly
      Market Reports|posted 21 August 2024
      Home with a messy garden
      The Pros And Cons Of Buying A Foreclosed Property
      Foreclosure|posted 11 August 2023
      Waco Real Estate Holds Steady: May 2024 Analysis Reveals Consistent Growth and Stable Market Opportunities
      Texas|posted 20 June 2024
      Real Estate Market Report for Waco, TX – May 2024
      Market Reports|posted 4 June 2024