Odessa housing market: home prices, trends and forecast
In September 2026, the Zillow Home Value Index placed the typical Odessa, Texas home at $250,381. Odessa home prices were 3.9% higher than one year before and 1.4% under the April 2026 peak of $253,920.
- Value of a typical home
- $250,381September 2026, Zillow ZHVI
- Change over 12 months
- +3.9%since September 2025
- Change over 10 years
- +54.0%since September 2016
- Multiple measured since 2009
- Starting from $102,933: ×2.4.
Odessa home prices since 2000
Odessa appears as the steel line, the United States as the grey line. Since January 2009, Odessa’s typical home value rose from $102,933 to $250,381, a change of ×2.43; the US change was ×1.99 over those months.
Odessa home prices: yearly median
Each year averages twelve monthly values. For 2026, the latest month is shown.
| Year | Odessa | Change on the year | United States |
|---|---|---|---|
| 2009 | $105,645 | $177,542 | |
| 2010 | $105,857 | +0.2% | $171,462 |
| 2011 | $112,921 | +6.7% | $162,508 |
| 2012 | $117,136 | +3.7% | $161,137 |
| 2013 | $129,496 | +10.6% | $171,420 |
| 2014 | $146,153 | +12.9% | $182,996 |
| 2015 | $163,060 | +11.6% | $192,738 |
| 2016 | $164,949 | +1.2% | $204,509 |
| 2017 | $161,946 | −1.8% | $216,767 |
| 2018 | $172,002 | +6.2% | $230,541 |
| 2019 | $201,150 | +16.9% | $242,088 |
| 2020 | $223,318 | +11.0% | $257,151 |
| 2021 | $220,574 | −1.2% | $295,959 |
| 2022 | $217,465 | −1.4% | $340,014 |
| 2023 | $217,776 | +0.1% | $348,160 |
| 2024 | $231,352 | +6.2% | $359,751 |
| 2025 | $240,976 | +4.2% | $362,959 |
| September 2026 | $250,381 | +3.9% | $366,157 |
What a home bought in Odessa in any year is worth now
This uses an index to estimate a typical home and is not an appraisal.
For each year, twelve monthly index values are averaged. The current value comes from September 2026. Other options: home appreciation calculator.
Considering a sale? Compare local agents through Realtor.com. Advertising disclosure: the site may receive payment for links like this one, and that never changes a number. Disclosure.
Odessa housing market forecast
In the Odessa, TX metro, Zillow's forecast points to −0.4% across 12 months starting September 2026, and −0.7% across the next three months. The forecast would bring Odessa's typical value of $250,381 to around $249,400 a year on.
Zillow's central estimate for the metro is repeated here. The site does not publish a forecast of its own. Such a 12-month forecast has typically been off by several percentage points, in either direction. This is not investment advice.
All metro forecasts in a single table: housing market forecast.
Odessa housing market crash risk score
43 out of 100, on the high side
Five conditions that ran high before earlier price falls are what the score uses to rank Odessa against the 292 cities. Every input receives a score from 0 to 100 compared with other cities. The five scores then receive equal weight in the average. It shows current conditions and does not predict a crash.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | +57.0% | 91 | 20% |
| Time on the market vs 2019 | +32.5% | 89 | 20% |
| Price-to-rent ratio | 13.2 | 13 | 20% |
| Price-to-income ratio | 3.1 | 8 | 20% |
| 12-month price change | +3.9% | 12 | 20% |
This is not investment advice. How each input is scored: methodology. Every one of the 292 cities ranked: crash risk by city.
Odessa inventory and how long homes stay on market
For September 2026 the Odessa, TX metro recorded 468 homes for sale. This was +31.9% above a year earlier and +57.0% higher than in the same month of 2019. The median selling time was 53 days, up +32.5% against 2019. Price cuts applied to 23.0% of listings.
| Odessa, TX metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 468 | +31.9% |
| New listings | 198 | |
| Median days on market | 53 | +2.9% |
| Median list price | $305,000 | +1.5% |
| Share with a price cut | 23.0% |
Metro inventory data from Realtor.com® Economic Research. Realtor.com data. All metros: days on market by city.
Living and rent costs in Odessa
Odessa's typical asking rent stands at $1,586 monthly according to the Zillow Observed Rent Index, which is −0.1% on a year. The cost of a typical home equals 13.2 years of that rent. Median household income stands at $79,531 (Census ACS 2024), making a typical home worth 3.1 times one year's income. For the metro, BEA gives prices a figure of 93.9, versus the US average of 100, and housing costs 89.7.
More housing markets in Texas
- Houston housing market $259,465.
- San Antonio market $244,623.
- Dallas market $303,442.
- Fort Worth $292,949
- Austin housing market $491,960.
- El Paso $237,556
- Arlington, Texas $306,472
- Corpus Christi $222,115
- Plano market $497,714.
- Lubbock market $210,957.
For the whole state: Texas housing market.
How to read this chart
Each point reflects the Zillow Home Value Index for Odessa. It shows a typical home's value in the market's middle third, smoothed and seasonally adjusted, in the dollars of that month. On the chart, a hollow dot marks the month selected on the slider. A terracotta dot marks the latest month. These amounts do not account for inflation. The index tracks the typical home rather than a particular house. Use the card above or the home appreciation calculator to find a single home's value from its sale price.