Metropolitan market · Texas · June 2026 data

Odessa Real Estate Market

The Odessa, TX housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Odessa report in a click.

Median listing price
$295,225
▼ 7.7% YoY
Median $ / sq ft
$163
1,867 sq ft median
Median days on market
51
June 2026
Active listings
605
For sale now
New listings
178
June 2026
Listings with price cuts
22%
Share of active
Median sale price (closed)
$189,000
▲ 14.5% YoY · closed sales
Sale-to-list ratio
97.7%
Closed sales
Homes sold / month
3
Closed sales
Median listing price trend
$320K$312K$305K$297K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

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

The 10-year view
$320K$287K$255K$222K '17'18'19'20'21'22'23'24'25'26

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

Supply snapshot
Active listings
605
New this month
178
Pending
30
Price-reduced
131

As of June 2026, the median home listed in Odessa, TX asks $295,225 — down 7.7% from a year ago. Homes are taking a median of 51 days to go under contract, and 22% of the 605 active listings have taken a price cut, which points to a balanced market. Figures cover the Odessa, TX metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
49/100
#473 of 932 covered metros
12-month outlook
-3.9%
▼ Cooling · model output, not advice
Price volatility
Medium
σ 5.3% · 20-yr price-index swings
Momentum
26
Value
87
Rental yield
97
Supply risk
100
Market heat
37

Odessa scores 49/100 on our composite Investor Score (#473 of 932 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 22% over five years and +54% over ten, leaving prices 14% below its own 2000–2019 trend; at the published FY2026 fair market rent of $1,595/mo for a two-bedroom, the gross rental yield on the median listing is about 6.5%; active inventory sits at 298% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 7.7% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

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 Odessa ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$1,331/mo
−$151/mo vs today
At today's rate · 6.43%
$1,482/mo
National weekly average
If rates rise 1% · 7.43%
$1,640/mo
+$158/mo vs today

Principal & interest on the $295,225 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
921
▼ 8.3% vs 2024
5.6 per 1,000 residents
Net migration (2022–2023)
+633
▲ people, via tax-return records
net income flow −$50.2M/yr
Job growth (YoY)
-0.2%
▼ 84.0k nonfarm jobs · May 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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Odessa market FAQs

What is the median home price in Odessa?
As of June 2026, the median listing price in Odessa, TX is $295,225, down 7.7% year over year (source: public records and industry data). Figures cover the Odessa, TX metro area.
How fast are homes selling in Odessa?
The median property in Odessa spends 51 days on the market, with 605 homes actively listed and 22% of them carrying a price cut — a balanced market by pace.
Who are the top real estate agents in Odessa?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Odessa and the wider Texas market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Odessa, 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.