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Housing in Midland, Texas

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HousingMidland, TXUnited States
Median Home Age3637
Median Home Cost$202,300$170,100
Home Appr. Last 12 months10.50%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 Owned60.88%57.34%
Housing Vacant7.57%12.47%
Homes Rented31.55%30.19%
AVERAGE RENT FOR HOME OR APARTMENT
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 HOUSING
Vancant For Rent0.027630.02503
Vancant Rented0.000180.00457
Vancant For Sale0.009340.01379
Vancant Sold0.003120.00457
Vancant Vacation0.004620.03809
Vancant Other0.030840.03865
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,0002.45%3.30%
$20,000 to $39,9994.52%3.44%
$40,000 to $59,9995.96%4.18%
$60,000 to $79,9998.53%5.80%
$80,000 to $99,99910.34%7.08%
$100,000 to $149,99918.57%15.77%
$150,000 to $199,99919.66%15.03%
$200,000 to $299,99917.55%18.50%
$300,000 to $399,9996.29%10.39%
$400,000 to $499,9992.58%5.66%
$500,000 to $749,9992.49%6.39%
$750,000 to $999,9990.65%2.28%
$1,000,000 or more0.42%2.18%
HOUSING UNITS BY YEAR STRUCTURE BUILT
2010 and newer0.41%0.29%
2000 to 200911.09%14.18%
1990 to 19998.62%13.96%
1980 to 198922.85%13.99%
1970 to 197917.51%16.09%
1960 to 19698.62%13.96%
1950 to 195920.71%11.05%
1940 to 19494.76%5.59%
1939 or Earlier1.79%13.68%

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

Midland, TX Apartments and Rentals

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


Midland Housing SperlingViews

Housing: 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)re: Terrible City - 3/4/2013: Cindy: I am glad to be reading this, we are supposed to be moving there next month. My fiance has been offered a job with a major oil company in Midland, BUT the housing... (read more)Have an opinion about Midland? Leave a commentTo See All SperlingViews for Midland Click Here