Market Intelligence · TX / Odessa

Odessa, TX 79766 Housing Market

Homes in Odessa 79766 are worth around $274,442, though the typical home value has declined 2.5% over the past year. The median list price is $265,000, and homes are taking a median of 93 days to sell.

Updated August 2026Median value$286K

The median home value in Odessa, TX 79766 is $286K as of August 2026, down 3.2% 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 79766 range

$263K to $309K

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

-3.2% over 12 months

Typical home value in 79766 over the last 12 months: $295K in Aug 2025 to $286K in Aug 2026 (-3.2%).

Aug 2025$295K

Aug 2026$286K

The numbers

What is the 79766 housing market like?

Typical home value

$286K

Down3.2%YoY

Median list price

$265K

Flat0.0%MoM

Days on market

93

Up1.1%MoM

Homes for sale

26

Down3.7%MoM

Price cuts

11.8%

Down70.9%MoM

New listings

4

Up100.0%MoM

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

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The comparison

How do 79766 home prices compare?

  • 79766$285,721
  • 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

There are 26 homes for sale in this ZIP, with only 4 new listings as of August 2026. The median time on market of 93 days suggests a slow-moving inventory. About 11.8% of listings have already seen a price cut, which reflects the broader softness in the market. With values down over the past year, sellers should consider that conditions favor patience and realistic pricing over holding out for stronger offers.

Monthly payment

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20% · $57,144

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