| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $295,225 | -7.7% YoY |
| Median price per sq ft | $163 | 1,867 sq ft median |
| Median days on market | 51 | +11% YoY |
| Active listings | 605 | +123% YoY |
| New listings this month | 178 | June 2026 |
| Listings with a price cut | 22% | Share of active |
| Median sale price (closed) | $189,000 | +14.5% YoY |
| Sale-to-list ratio | 97.7% | Closed sales |
| Gross rental yield | 6.5% | 2BR fair market rent |
Metropolitan market · Texas · June 2026 data
Odessa Real Estate Market
As of June 2026, the median home listed in Odessa, TX asks $295,225 — down 7.7% year over year. Homes sell in a median of 51 days, with 605 active listings and 22% carrying a price cut — a balanced market. Figures come from public records and industry data, updated monthly.
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
Odessa housing market statistics
The table summarizes Odessa's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.
How have home prices changed in Odessa?
Odessa home prices are down 7.7% year over year and +0.1% month over month as of June 2026, at a $295,225 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Odessa TX · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Odessa TX · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Odessa?
Odessa has 605 active listings, 178 new this month, 30 pending as of June 2026. About 22% of active listings have cut their price, and inventory sits at 298% of its 2019 level — a balanced market by pace.
Is Odessa a good real estate investment?
Odessa scores 49/100 on WealthyBud's composite Investor Score, ranking #473 of 932 covered U.S. metros as of June 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
49/100
#473 of 932 covered metros
Price volatility
Medium
σ 5.3% · 20-yr price-index swings
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.
How much is a monthly mortgage payment in Odessa?
A home at Odessa's $295,225 median listing runs about $1,482 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.
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.
What is driving the Odessa housing market?
Longer-run demand in Odessa shows up in 921 homes permitted in 2025; net migration of +633 residents; -0.2% job growth. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.
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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ReadOdessa housing market FAQ
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 much does it cost to buy a home in Odessa?
The median home listed in Odessa asks $295,225 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $1,482 a month in principal and interest, before taxes, insurance and HOA.
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 as of June 2026.
Is it a buyer's or seller's market in Odessa?
With a median 51 days on market and 22% of active listings carrying a price cut, Odessa reads as a balanced market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Odessa a good place to invest in real estate?
Odessa scores 49/100 on WealthyBud's Investor Score, ranking #473 of 932 covered U.S. metros as of June 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 Odessa?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Odessa and the wider Texas market, ranked by recent sales from public profile data.
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.
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