Market reports › TX

Odessa, TX housing market

What's happening in the Odessa market right now.

$251,624
Typical home value
+4.4% in a year
+14.4%
Home values, 5 years
$1,553/mo
Typical rent
−1.3% in a year
$305,000
Median list price · Ector County
+0.3% in a year
476
Homes for sale · Ector County
+42.1% in a year
48 days
Median days on market · Ector County
31.6%
Listings with a price cut
13.5
Price-to-rent ratio
$200K $250K 201620182020202220242026

Buyer's or seller's market?

Odessa, TX leans toward a buyer's market: homes in Ector County take a median of 48 days to sell, and the number for sale is +42.1% on a year ago. Buyers have room to negotiate; sellers should price carefully.

12-month outlook

−4.5% to +5.5% for the typical Odessa home value over the next 12 months.

A projection from past prices (the trend of the last 3 and 12 months, damped), not a prediction or advice. Local conditions can move faster than any trend.

Sources: Zillow Home Value Index, August 2026 · Zillow Observed Rent Index, August 2026 · Realtor.com county data, August 2026. Listing figures are for Ector County as a whole.

See 1,157 Odessa agents Browse homes

Odessa market — questions answered

What is the typical home value in Odessa, TX?

$251,624 as of August 2026, +4.4% on a year earlier (Zillow Home Value Index).

Are home prices going up in Odessa, TX?

Yes — the typical home value changed +4.4% over the year to August 2026 and +14.4% over five years.

Is Odessa, TX a buyer's or seller's market?

It leans toward buyers: the median home in Ector County sells in 48 days (Realtor.com, August 2026).

How much is rent in Odessa, TX?

The typical rent is $1,553 a month as of August 2026, −1.3% on a year earlier (Zillow Observed Rent Index).

How many homes are for sale in Odessa, TX?

476 homes were listed for sale across Ector County in August 2026 (Realtor.com).

Who are the best real estate agents in Odessa, TX?

Homegrity lists 1,157 licensed Odessa agents, each checked against the state license register. Placement is never bought. See them at /real-estate-agents/odessa-tx.

Nearby TX markets

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