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Market Intelligence · TX / Odessa

Odessa, TX 79761 Housing Market

The typical home in Odessa's 79761 ZIP code is worth $208,230, up 3.7% over the past year as of September 2026. Sellers are listing at a median price of $245,225, and homes are spending a median of 39 days on the market.

Updated September 2026Median value$208K

The median home value in Odessa, TX 79761 is $208K as of September 2026, up 3.7% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 79761 range

$192K to $225K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+3.7% over 12 months

Typical home value in 79761 over the last 12 months: $201K in Sep 2025 to $208K in Sep 2026 (+3.7%).

Sep 2025$201K

Sep 2026$208K

The numbers

What is the 79761 housing market like?

Typical home value

$208K

Up3.7%YoY

Median list price

$245K

Down1.7%MoM

Days on market

39

Flat0.0%MoM

Homes for sale

58

Up3.6%MoM

Price cuts

19.4%

Down29.2%MoM

New listings

32

Up14.3%MoM

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

The outlook

79761 housing market forecast 2027

-0.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 79761 to stay roughly flat by September 2027 (down 0.3%).

Over the 12 months through September 2026, typical home values in 79761 rose 3.7%, per the Zillow Home Value Index.

Will home prices drop in 79761?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 79761 to stay roughly flat by September 2027 (down 0.3%), after a 3.7% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 79761 home prices compare?

  • 79761$208,230
  • Odessa$244,791
  • Texas$258,447
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Odessa: 6 ZIPs; Texas: 1,512 ZIPs; United States: 26,262 ZIPs).

Context

There were 58 homes for sale in 79761 as of September 2026, with 32 new listings coming on the market that month. The typical home value stands at $208,230, up 3.7% over the past year, while the median list price sits higher at $245,225. Homes are moving in a median of 39 days, which points to a market that is neither stalled nor overheated. About 19.4% of listings carried a price cut, a sign that some sellers are starting above what buyers will pay. For a seller, the practical lesson is to price close to what local homes are actually worth rather than testing the high end.

Monthly payment

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20% · $41,646

Common questions

What people ask us.

How much is a home in 79761 worth?

The typical home value in 79761 is $208,230 as of September 2026, up 3.7% over the past year.

How fast are homes selling in 79761?

Homes in 79761 are spending a median of 39 days on the market as of September 2026.

Are sellers cutting prices in 79761?

Yes. As of September 2026, 19.4% of listings in 79761 had a price cut, while the median list price was $245,225.

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