Market Intelligence · TX / Odessa

Odessa, TX 79766 Housing Market

The typical home value in Odessa, TX 79766 is $278,478, down 3.9% over the past year as of September 2026. The median list price is $262,000, and homes are spending a median of 62 days on market.

Updated September 2026Median value$278K

The median home value in Odessa, TX 79766 is $278K as of September 2026, down 3.9% 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 79766 range

$256K to $301K

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

-3.9% over 12 months

Sep 2025$290K

Low $278KHigh $294K

Sep 2026$278K

The numbers

What is the 79766 housing market like?

As of September 2026

Typical home value

$278K

3.9%YoY

Median list price

$262K

1.1%MoM

Days on market

33.3%MoM

Homes for sale

7.7%MoM

Price cuts

22.0%

87.2%MoM

New listings

50.0%MoM

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

The outlook

79766 housing market forecast 2027

-1.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 79766 to fall 1.0% by September 2027.

Over the 12 months through September 2026, typical home values in 79766 fell 3.9%, per the Zillow Home Value Index.

Will home prices drop in 79766?

Zillow's forecast says they may: it expects typical home values in 79766 to fall 1.0% by September 2027, after a 3.9% decline 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 79766 home prices compare?

79766$278,478
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

Odessa, TX 79766 had 24 homes for sale as of September 2026, with 6 new listings coming on that month. The median list price is $262,000, while the typical home value sits at $278,478 and is down 3.9% over the past year. Homes are taking a median of 62 days to sell, and 22.0% of listings have had a price cut. Taken together, this is a softer market than a year ago. Sellers should plan on pricing carefully and expect the process to take some time.

Monthly payment

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Down payment20% · $55,696

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Common questions

What people ask us.

How much is a home in 79766 worth?

The typical home value in Odessa, TX 79766 is $278,478, down 3.9% over the past year as of September 2026.

How long do homes take to sell in 79766?

Homes are spending a median of 62 days on market as of September 2026.

Are sellers cutting prices in 79766?

Yes. As of September 2026, 22.0% of listings have had a price cut, and the median list price is $262,000.

Discover

Nearby ZIP markets.

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