Odessa, TX Home Values & Market Trends
Real estate market trends reflect that there have been 1,958 transactions over the past year in Odessa. The median value for residential home transactions that occurred over the previous year is $289,199. The number of current listings in Odessa is 1,845, and the percentage of properties for sale in the city is 1845.00%. Odessa, TX currently has 164 properties in foreclosure, 66 bank owned properties, 98 properties headed for auction, and 1,845 properties for sale.
Odessa, TX Real Estate Market Overview
Housing Market Summary for Odessa, TX
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $297K | $289.7K | -2.46% |
| Median Sold Price | $229.8K | $215.2K | -6.34% |
| Homes For Sale | 1,058 | 1,828 | 72.78% |
| Homes Sold | 870 | 744 | -14.48% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Odessa, TX
Browse Homes in Odessa, TX
Odessa home values range from $30,000 to $2,350,000. The median estimated value of a home in Odessa is $289,199. The median list price of a home is 289,950, and the total count of properties in the city is 2,934.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Odessa, TX with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 6 zips within Odessa, TX; of those zips, 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 OwnedThe median estimated home value of bank owned homes (REO properties) in Odessa, TX ranges from the highest value of $329,967 in 79766 to the lowest value of $68,065 in 79763. Bank owned homes and properties account for 2.25% of properties in Odessa, TX. There are 6 zips within Odessa, TX; 79762 containing 24 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions79765 has 42 auction properties, the highest number of properties going to auction in a single zip in the state of Odessa, TX. Auction homes and other auction properties account for 3.34% of all properties in Odessa, TX. There are 6 zips within Odessa, TX; of those zips, the median estimated home value for homes going to auction ranges from $1,503,363 in 79766 to the lowest value of $101,974 in 79766.
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Guide for Odessa, TX
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Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
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