Market Intelligence · TX / Odessa

Odessa, TX 79761 Housing Market

The typical home value in Odessa 79761 is $211,410, up 4.4% over the past year. The median list price sits at $249,450, with homes staying on the market for a median of 39 days.

Updated August 2026Median value$208K

The median home value in Odessa, TX 79761 is $208K as of August 2026, up 4.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and 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

+4.1% over 12 months

Typical home value in 79761 over the last 12 months: $200K in Aug 2025 to $208K in Aug 2026 (+4.1%).

Aug 2025$200K

Aug 2026$208K

The numbers

What is the 79761 housing market like?

Typical home value

$208K

Up4.1%YoY

Median list price

$249K

Up5.3%MoM

Days on market

39

Down17.0%MoM

Homes for sale

56

Up3.7%MoM

Price cuts

27.5%

Down2.1%MoM

New listings

28

Up16.7%MoM

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

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The comparison

How do 79761 home prices compare?

  • 79761$208,459
  • Odessa$246,412
  • Texas$262,445
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Odessa: 6 ZIPs; Texas: 1,512 ZIPs; United States: 26,265 ZIPs).

Context

This ZIP has 56 homes for sale, with 28 new listings as of August 2026. Nearly 28% of listings carry a price cut, suggesting sellers are adjusting to market conditions. The gap between typical home value and median list price indicates some homes are priced above recent appraisals. For sellers, the moderate inventory and steady days-on-market suggest it pays to price competitively.

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20% · $41,692

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