Zip 79761 (Odessa, TX) Housing

79761 Odessa, TX is an area with affordable housing options compared to the US median value. The median value of all homes in 79761 Odessa, TX is $154,100 which is 54.35% less than the US median value of $338,100. Additionally, the one-year house appreciation rate for the area in 79761 Odessa, TX is 4.71%, which is significantly lower than the 8.27% appreciation rate recorded for US housing overall. For potential home buyers looking for a more economical option when it comes to purchasing a home without sacrificing on location or quality, 79761 Odessa, TX is a great choice.

The median home cost in Odessa (zip 79761) is $154,100. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Odessa (zip 79761) is up 7.2%.

Average Age of Homes

- The median age of Odessa (zip 79761) real estate is 53 years old

The Rental Market in Odessa (zip 79761)

- Renters make up 33.8% of the Odessa (zip 79761) population
- 2.7% of houses and apartments in Odessa (zip 79761), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Odessa, Texas	United States
	13,572.0	139,647,020.0
	50	42
	$154,100	$338,100
	7.2%	16.6%
	34.1%	57.0%
	67.3%	101.1%
	$14.12	$10.98
	$1,693	$2,690
	52.3%	57.4%
	8.3%	11.2%
	39.4%	31.4%
Vacant Housing
	2.7%	1.9%
	0.4%	0.4%
	0.4%	0.7%
	0.2%	0.4%
	0.2%	3.6%
	4.4%	4.1%
Value of Owner-Occupied Housing
	5.9%	2.6%
	3.7%	2.4%
	8.1%	2.8%
	9.6%	3.9%
	11.6%	4.5%
	21.9%	11.3%
	15.5%	13.0%
	14.5%	20.1%
	6.2%	13.6%
	1.1%	8.3%
	1.2%	9.7%
	0.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.8%	13.6%
	5.8%	13.6%
	10.5%	13.6%
	9.5%	13.2%
	20.4%	14.8%
	10.5%	13.6%
	30.6%	10.0%
	5.8%	4.7%
	2.1%	12.2%

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