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Odessa

Why you'd want to live in Odessa

Odessa, Texas, is another city with a strong connection to the oil industry, offering numerous job opportunities in this sector. The city has a diverse cultural scene, highlighted by the world-renowned Globe Theatre, a replica of Shakespeare's original playhouse. Odessa also boasts a variety of educational institutions, including the University of Texas Permian Basin, which contributes to a lively and youthful atmosphere. With a range of shopping centers, restaurants, and outdoor activities, Odessa provides a balanced mix of urban and suburban living.

Odessa Market Report

$452,898

AVERAGE PRICE OF 590 HOMES

$160,038

AVERAGE PRICE OF 25 DISTRESSED HOMES

$1,844,887

AVERAGE PRICE OF 50 MULTI-MILLION DOLLAR HOMES

$515,068

AVERAGE PRICE OF 59 NEWLY BUILT HOMES

$777,755

AVERAGE PRICE OF 26 HOMES WITH A POOL

$359,679

AVERAGE PRICE OF 36 REDUCED PRICE HOMES

Average Home

Average Price $452,898
Avg Bedrooms 1.98 beds
Avg Bathrooms 1.44 baths

Average Price by Bedrooms

1 bedroom $151,600
2 bedrooms $192,365
3 bedrooms $329,783
4 bedrooms $446,494
5 bedrooms $726,700
Odessa Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 564 558 566 n/a n/a
Average Price $461,480 $443,436 $427,042 n/a n/a
Avg Price Change +4.07% +3.84% n/a n/a n/a
Median Price $316,812 $306,038 $308,872 n/a n/a
Med Price Change +3.52% -0.93% n/a n/a n/a
Avg Bedrooms 2.13 beds 2.05 beds 2.13 beds n/a n/a
Avg Bathrooms 1.55 baths 1.5 baths 1.52 baths n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Permian 231 $377,838 45 days
Total Homes Average Price Avg Days on Site
All Homes 590 $452,898 55 days
Distressed Homes 25 $160,038 29 days
Multi-Million Dollar Homes 50 $1,844,887 66 days
Newly Built Homes 59 $515,068 47 days
Homes with a Pool 26 $777,755 57 days
Reduced Price Homes 36 $359,679 53 days