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The median home value in Midland, Texas, is $202,300. Home appreciation is 10.50% over the last year. The median age of Midland, Texas, real estate is 36 years.

Midland, Texas Apartments and Rentals

Renters make up 31.55% of the Midland, Texas, population. 7.57% of houses and apartments in Midland, Texas, are unoccupied (vacancy rate).

  HOUSINGMidland, TexasUnited States
  Median Home Age  3637
  Median Home Cost  $202,300$170,100
  Home Appr. Last 12 months  10.50%4.90%
  Home Appr. Last 5 yrs.  24.90%-4.60%
  Home Appr. Last 10 yrs.  118.50%12.70%
  Property Tax Rate  $14.22$12.07
  Homes Owned  60.88%57.34%
  Housing Vacant  7.57%12.47%
  Homes Rented  31.55%30.19%
  Studio Apartment  $545$661
  1 Bedroom Home or Apartment  $700$765
  2 Bedroom Home or Apartment  $916$957
  3 Bedroom Home or Apartment  $1,140$1,289
  4 Bedroom Home or Apartment  $1,266$1,490
  Vacant For Rent  2.76%2.50%
  Vacant Rented  0.02%0.46%
  Vacant For Sale  0.93%1.38%
  Vacant Sold  0.31%0.46%
  Vacant Vacation  0.46%3.81%
  Vacant Other  3.08%3.87%
  Less Than $20,000  2.45%3.30%
  $20,000 to $39,999  4.52%3.44%
  $40,000 to $59,999  5.96%4.18%
  $60,000 to $79,999  8.53%5.80%
  $80,000 to $99,999  10.34%7.08%
  $100,000 to $149,999  18.57%15.77%
  $150,000 to $199,999  19.66%15.03%
  $200,000 to $299,999  17.55%18.50%
  $300,000 to $399,999  6.29%10.39%
  $400,000 to $499,999  2.58%5.66%
  $500,000 to $749,999  2.49%6.39%
  $750,000 to $999,999  0.65%2.28%
  $1,000,000 or more  0.42%2.18%
  2010 and newer  0.41%0.29%
  2000 to 2009  11.09%14.18%
  1990 to 1999  8.62%13.96%
  1980 to 1989  22.85%13.99%
  1970 to 1979  17.51%16.09%
  1960 to 1969  8.62%13.96%
  1950 to 1959  20.71%11.05%
  1940 to 1949  4.76%5.59%
  1939 or Earlier  1.79%13.68%
If You can find a house..
Houses sell for up to three times more than Lubbock or Amarillo, they sell many times the same day they are put on the market. Housing cost in Midland Texas is NOT low.... (read more)
It is definitely a buyers market. There are over 500 houses on the market for buyers to choose from right... (read more)
This is not the town for everyone!
I have lived in this town for the past 20 years when it was a very reasonable place to live, friendly, and was not known for its scenery. At this point in time it is... (read more)
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Actually not that bad
First off since Midland. is a flat, hot, desert area. Of course the outdoor recreation is limited. You don't have the natural beauty of trees, lakes, rivers,... (read more)
re: Rudest place - 1/3/2014
Amen to that!! I moved from Denver Colorado in January and have been so disappointed with that decision from the very first day out here. Ridiculous yielding exits that... (read more)
Misery does not love company here..
We moved here over twenty years ago. Its a very strange place. It's simply a big oil patch that is getting bigger all the time. Ugly. Doesn't rain often but when it does... (read more)
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