Metropolitan market · Texas · September 2026 data

What is the Midland, TX real estate market doing?

As of September 2026, the median home listed in Midland, TX asks $425,000, down 3.3% year over year. Homes spend a median of 55 days on market, with 714 active listings and 29% carrying a price cut; pending contracts equal 21% of active listings, and inventory sits at 113% of the same month in 2019 — a balanced market. Estimated gross rental yield on the median listing is 5.0%. Figures come from public records and industry data, updated monthly.

Median listing price
$425,000
▼ 3.3% YoY
Median $ / sq ft
$192
2,268 sq ft median
Median days on market
55
September 2026
Active listings
714
For sale now
New listings
256
September 2026
Listings with price cuts
29%
Share of active
Inventory vs 2019
113%
Same month, 2019 = 100
Pending / active
21%
Contract activity
Median sale price (closed)
$258,342
▲ 193.6% YoY · closed sales · July 2026
Sale-to-list ratio
n/a
Non-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Homes sold / month
2
Closed sales · July 2026, seasonally adjusted

What is the Midland, TX housing market doing right now?

The Midland, TX housing market lists at a $425,000 median as of September 2026, down 3.3% year over year, with a 55-day median market time and 714 homes for sale (29% with a price cut). Active inventory is 113% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule. Gross rental yield is about 5.0%.

Midland housing market statistics

The table summarizes Midland's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Midland.

Midland, TX housing market at a glance — September 2026
MetricLatestDetail
Median listing price$425,000-3.3% YoY
Median price per sq ft$1922,268 sq ft median
Median days on market55+4% YoY
Active listings714+5% YoY
New listings this month256September 2026
Listings with a price cut29%Share of active
Median sale price (closed)$258,342+193.6% YoY · closed sales, July 2026
Sale-to-list ration/aNon-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Pending-to-active ratio20.5%147 pending
Inventory vs 2019113%Active listings vs same month in 2019
Gross rental yield5.0%2BR fair market rent

How have home prices changed in Midland?

Midland home prices are down 3.3% year over year and -1.2% month over month as of September 2026, at a $425,000 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$440K$433K$426K$419K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Midland TX · trailing 8 quarters · source: public records and industry data.

The 10-year view
$449K$408K$368K$327K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Midland TX · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Midland?

Midland has 714 active listings, 256 new this month, 147 pending as of September 2026. About 29% of active listings have cut their price, and inventory sits at 113% of its 2019 level — a balanced market by pace.

Active listings
714
New this month
256
Pending
147
Price-reduced
206

Is Midland a good real estate investment?

Midland scores 56/100 on WealthyBud's composite Investor Score, ranking #315 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
56/100
#315 of 933 covered metros
12-month outlook
-0.4%
Flat · model output, not advice
Price volatility
Low
σ 4.7% · 20-yr price-index swings
Momentum
46
Value
82
Rental yield
82
Supply risk
71
Market heat
42

Midland scores 56/100 on our composite Investor Score (#315 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 32% over five years and +67% over ten, leaving prices 15% below its own 2000–2019 trend; at the published FY2026 fair market rent of $1,780/mo for a two-bedroom, the gross rental yield on the median listing is about 5.0%; active inventory sits at 113% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 3.3% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Midland ranks on the trending markets index.

How much is a monthly mortgage payment in Midland?

A home at Midland's $425,000 median listing runs about $2,326 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$2,100/mo
−$226/mo vs today
At today's rate · 7.28%
$2,326/mo
National weekly average
If rates rise 1% · 8.28%
$2,561/mo
+$235/mo vs today

Principal & interest on the $425,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Midland?

To buy Midland’s $425,000 median listing with 20% down, a household needs about $119,000 a year in gross income, keeping principal, interest and property tax ($2,769/mo) at 28% of income. That is 1.3× the area’s $93,442 median household income, so a typical Midland household cannot afford the median listing on these terms.

Income needed to buy the median home in Midland, TX — September 2026
ItemAmountBasis
Median listing price$425,000September 2026
Down payment (20%)$85,000Assumption
Principal & interest (7.28%, 30-yr fixed)$2,326/moRate as of 2026-10-01
Property tax (1.25% effective rate)$443/moCensus ACS
Income needed (28% rule)$119,000Gross household income / yr
Median household income$93,442Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Midland housing market?

Longer-run demand in Midland shows up in 1,322 homes permitted in 2025; net migration of +1,808 residents; +3.3% job growth. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
1,322
▼ 12.4% vs 2024
7.5 per 1,000 residents
Net migration (2022–2023)
+1,808
▲ people, via tax-return records
net income flow −$82.5M/yr
Job growth (YoY)
+3.3%
▲ 129.8k nonfarm jobs · August 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Midland housing market FAQ

What is the median home price in Midland?
As of September 2026, the median listing price in Midland, TX is $425,000, down 3.3% year over year (source: public records and industry data). Figures cover the Midland, TX metro area.
How much does it cost to buy a home in Midland?
The median home listed in Midland asks $425,000 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $2,326 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Midland?
The median property in Midland spends 55 days on the market, with 714 homes actively listed and 29% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Midland?
With a median 55 days on market and 29% of active listings carrying a price cut, pending contracts at 21% of active listings, Midland reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Midland a good place to invest in real estate?
Midland scores 56/100 on WealthyBud's Investor Score, ranking #315 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Midland?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Midland and the wider Texas market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Midland, TX metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

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Jasper Lindqvist Commercial Real Estate Analyst

Jasper Lindqvist is a commercial real estate analyst who covers office, retail and industrial property trends, cap rates and vacancy using public REIT filings and market reports. He focuses on how commercial demand shifts ripple into residential markets.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.