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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

$417,715

AVERAGE PRICE OF 769 HOMES

$415,608

AVERAGE PRICE OF 6 DISTRESSED HOMES

$2,179,646

AVERAGE PRICE OF 48 MULTI-MILLION DOLLAR HOMES

$473,791

AVERAGE PRICE OF 106 NEWLY BUILT HOMES

$540,279

AVERAGE PRICE OF 43 HOMES WITH A POOL

$384,484

AVERAGE PRICE OF 38 REDUCED PRICE HOMES

Average Home

Average Price $417,715
Avg Bedrooms 2.19 beds
Avg Bathrooms 1.56 baths

Average Price by Bedrooms

1 bedroom $118,222
2 bedrooms $155,981
3 bedrooms $293,683
4 bedrooms $446,173
5 bedrooms $589,195
Odessa Home Price Trends
  10/2025 9/2025 8/2025 7/2025 6/2025
Total Listings 717 688 682 645 586
Average Price $413,486 $426,339 $430,968 $448,418 $458,543
Avg Price Change -3.11% -1.09% -4.05% -2.26% -0.64%
Median Price $292,087 $297,876 $298,075 $312,052 $314,411
Med Price Change -1.98% -0.07% -4.69% -0.76% -0.76%
Avg Bedrooms 2.15 beds 2.14 beds 2.14 beds 2.15 beds 2.05 beds
Avg Bathrooms 1.52 baths 1.5 baths 1.51 baths 1.55 baths 1.5 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Permian 375 $330,272 54 days
Total Homes Average Price Avg Days on Site
All Homes 769 $417,715 84 days
Distressed Homes 6 $415,608 168 days
Multi-Million Dollar Homes 48 $2,179,646 113 days
Newly Built Homes 106 $473,791 56 days
Homes with a Pool 43 $540,279 64 days
Reduced Price Homes 38 $384,484 45 days