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Market Intelligence · TX / Ector County

Odessa, TX home prices and housing market

6 ZIP markets liveData updated September 2026Typical value$245K1-yr changeUp4.7%

The typical home value in Odessa, TX is $245K as of September 2026, up 4.7% from a year ago, based on the Zillow Home Value Index. In the typical Odessa ZIP code, the median list price is $259K and homes spend a median of 57 days on market as of September 2026 (Realtor.com).

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The coverage

Odessa, by the numbers.

Typical home valueZillow ZHVI, September 2026
$245K
1-yr changeMedian across Odessa ZIPs
+4.7%
ZIP markets live9 tracked in Odessa
6
County
Ector County

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12-month value trend

+4.7% over 12 months

Typical home value in Odessa over the last 12 months: $234K in Sep 2025 to $245K in Sep 2026 (+4.7%).

Sep 2025$234K

Sep 2026$245K

Median Zillow home value index across Odessa's ZIP codes.

Context

Odessa's housing market is moderately active heading into fall 2026. The typical home value sits at $244,791, up 4.7% over the past year as of September 2026. There are 523 homes for sale with 202 new listings that month, and the median list price is $258,500. Homes spend a median of 57 days on market before selling. About 23.3% of listings have seen a price cut, which suggests some sellers are adjusting expectations. If you're thinking about selling, the moderate pace and price adjustments mean you'll need a realistic asking price and patience to find the right buyer.

The numbers

What is the housing market like in Odessa, TX?

Typical home value

$245K

Up4.7%YoY

Median list price

$259K

Days on market

57

Homes for sale

523

Price cuts

23.3%

New listings

202

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Odessa's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Odessa, TX home prices over time

Typical home values in Odessa, TX are up 4.7% over the past year, from $234K in September 2025 to $245K in September 2026.

Typical home value in Odessa, TX, September of each year
MonthTypical value1-yr change
September 2026$244,791+4.7%
September 2025$233,715No prior year

Typical value is the median Zillow Home Value Index across Odessa ZIP codes, taken in September of each year so every row compares the same month.

Market balance

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

Odessa, TX is roughly balanced between buyers and sellers.

These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction.

Based on a median of 57 days on market and 23% of listings with a price cut in the typical Odessa ZIP code, and 202 new listings against 523 active listings across Odessa, as of September 2026 (Realtor.com).

The outlook

Odessa housing market forecast 2027

-0.4%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 6 Odessa ZIP codes, points to typical home values holding roughly flat by September 2027 (down 0.4%).

Over the 12 months through September 2026, typical home values in Odessa rose 4.7%, per the Zillow Home Value Index.

Will home prices drop in Odessa?

Not by much, on the forecasts: a weighted average of Zillow's ZIP forecasts for Odessa shows typical home values holding roughly flat by September 2027 (down 0.4%), after a 4.7% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 6 Odessa ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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The markets

Which Odessa ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 9 Odessa ZIP codes in total; the remaining 3 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Odessa, TX home prices.

What is the typical home value in Odessa, TX?

The typical home value in Odessa is $244,791 as of September 2026, up 4.7% over the past year.

How long do homes typically sit on the market in Odessa?

Homes in Odessa spend a median of 57 days on market as of September 2026.

How many homes are currently for sale in Odessa?

There are 523 homes for sale in Odessa as of September 2026, with 202 new listings that month.

Are home prices going up or down in Odessa, TX?

Typical home values in Odessa, TX are up 4.7% over the past year, based on the Zillow Home Value Index as of September 2026.

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

Odessa, TX is roughly balanced between buyers and sellers. These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction. Based on a median of 57 days on market and 23% of listings with a price cut in the typical Odessa ZIP code, and 202 new listings against 523 active listings across Odessa, as of September 2026 (Realtor.com).

Nearby markets

More Texas housing markets.

The market is moving

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