Odessa, TX metro area Housing Market
Cold MarketComprehensive housing market data for the Odessa, TX metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: December 2025
Median Sale Price
$160K
↓ 43.4% YoY
Days on Market
195 days
↑ 413.2% YoY
Active Inventory
410
↑ 12.0% YoY
Homes Sold
1
↓ 99.2% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Odessa, TX metro area Market Summary
The Odessa, TX metro area housing market is cooling down. As of December 2025, the median home sale price is $160K, down 43.4% year-over-year. Homes are spending a median of 195 days on the market, 413.2% longer than a year ago.
There are 410 homes for sale — 12.0% more than last year. With 410.0 months of supply, this is a buyer's market. 106 new listings were added during this period, down 13.8% year-over-year.
Homes are selling for 100.0% of their list price on average, indicating buyers are paying above asking. 0.0% of homes sell above their asking price. 16.6% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
80
Contributing Factors
How This Market Compares
vs. National Median
vs. Texas Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. Prices are 62% below the national median, which could indicate stronger cash flow potential.
Odessa, TX metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$272K
Price per Sq Ft
$132
Sale-to-List Ratio
100.0%
Months of Supply
410.0
Sold Above List
0.0%
Price Drops
16.6%
New Listings
106
↓ 13.8% YoY
Pending Sales
21
Off Market in 2 Weeks
14.3%
Other Markets in Texas
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.