Apr 2026
$190K
-33.8% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Odessa, TX
Daily-refreshed real estate signals + Three-Opinion home-price methodology for Odessa, TX. Built for agents; free to read.
Odessa, TX’s median sale price is $190K as of Apr 2026 — -33.8% year over year. Pecan Street tracks Odessa with its Three-Opinion home-price methodology (Redfin, FHFA HPI, and Zillow ZHVI), with no market signals flagged right now.
Headline
Sep 18, 2026
7.04%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,015/mo
$44K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Odessa compares to other U.S. metros
| Home-price growth | ↓195th of 195 |
|---|---|
| Price-to-rent | ↓186th of 195 |
| Price cuts | ↑40th of 194 (top 21%) |
| Days on market | ↓134th of 194 |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 8 -30.4% YoY ↓186th of 195 |
|---|---|
| Asking price / sq ft | $163 +1.5% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Aug 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 46% -4.4 pts YoY ↑40th of 194 (top 21%) |
|---|---|
| New housing units permitted | 102 |
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Aug 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Jul 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 6 shown of 9 |
|---|---|
| MLS board of record | Permian Basin Board of REALTORS |
| Price methodology | Three-Opinion · Redfin · FHFA HPI · Zillow ZHVI |
| Data as of | Apr 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
red · 33.9ppRedfin (city) -33.8% | FHFA HPI · Q2 2026 +0.1% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
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Start free trialZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 79761 | $249K↓ | 56↑ | 28↓ | 28↑ | 39↑ | $208K↑ |
| 79762 | $300K↓ | 149↑ | 60↑ | 72↑ | 46↑ | $260K↑ |
| 79763 | $247K↓ | 57↑ | 20↓ | 16↑ | 64↑ | $211K↑ |
| 79764 | $255K↓ | 46↑ | 12↓ | 16↑ | 67↑ | $231K↑ |
| 79765 | $362K↓ | 206↑ | 68↑ | 76↑ | 47↓ | $333K↑ |
| 79766 | $265K↓ | 26↑ | 4↑ | 4↑ | 93↑ | $281K↓ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.