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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

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)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)Have an opinion about Midland? Leave a commentTo See All SperlingViews for Midland Click Here