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Foreclosure Homes in Odessa, TX

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Rosewood-ave-Odessa-TX-79761
Foreclosure
$191,672 EMV

Rosewood Ave
Odessa, TX 79761

W-cholla-cir-Odessa-TX-79763
Foreclosure
$111,265 EMV

W Cholla Cir
Odessa, TX 79763

Shirley-ave-Odessa-TX-79764
Foreclosure

Shirley Ave
Odessa, TX 79764

Esmond-dr-Odessa-TX-79762
Foreclosure
$221,760 EMV

Esmond Dr
Odessa, TX 79762

16 Sunset-blvd-Odessa-TX-79763
Foreclosure
$155,925 List Price

Sunset Blvd
Odessa, TX 79763

2 Bed | 2 Bath | 1,974 Sq. Ft.

Eastover-dr-Odessa-TX-79761
Foreclosure
$102,690 EMV

Eastover Dr
Odessa, TX 79761

E-7th-st-Odessa-TX-79761
Preforeclosure

E 7th St
Odessa, TX 79761

La-casa-dr-Odessa-TX-79763
Preforeclosure
$162,544 EMV

La Casa Dr
Odessa, TX 79763

Autumn-ave-Odessa-TX-79763
Preforeclosure
$94,751 EMV

Autumn Ave
Odessa, TX 79763

Castle-rd-Odessa-TX-79762
Preforeclosure
$161,116 EMV

Castle Rd
Odessa, TX 79762

3 Bed | 2 Bath

Displaying 1 - 10 of 80

Home Value Estimator For Odessa, TX

There are currently 38,585 real estate properties in Odessa, TX, with a median automated valuation model (AVM) price of $190,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Odessa, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Odessa, TX, is $217,022.00, with the most expensive house in Odessa, TX, topping out at $13,794,700.00 and the cheapest home in Odessa, TX, clocking in at $22,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Odessa, TX!


Rent Prices In Odessa, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Odessa, TX, is on a rollercoaster ride. The average rent price in Odessa, TX, is $1,468.00. Indeed, when looking to rent in Odessa, TX, you can expect to pay as little as $490.00 or as much as $2,800.00, with the average rent median estimated to be $1,460.00. The good news is that finding an affordable and desirable property to rent in Odessa, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Foreclosure Homes in Odessa, TX

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Odessa, TX area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Odessa, TX and much more. Save thousands at closing with home foreclosure listings in Odessa, TX — up to 75% off market value!


Top Reasons To Live In Odessa, TX In 2021

Odessa is located in Ector, Texas, with an estimated municipal population of 123,334 residents. All of the best foreclosed homes for sale in Odessa are located in the following zip code areas on Foreclosure.com: 79761 79762 79763 79765 79768 79769. The estimated population per square kilometer (.62 miles) in Odessa is 1,052.


Cost Of Living In Odessa, TX

So, about how much do homes cost in Odessa? The most recent median value of resident-owned homes in Odessa is 145,595. An estimated 59.7 percent of households in Odessa own their homes, with an average family size of 3.63. The median household income in Odessa is 63,847, with28.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Odessa, the median commute time of resident workers (in minutes) is 21.6. And last, but certainly not least, are you looking for homes to rent in Odessa? If so, the average rent price paid by renters in Odessa is 1,091, according to recent statistics.


Diversity And Demographics In Odessa, Texas

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Odessa, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Odessa is 30.7, split between 49.7 percent male versus 50.3 female. The percentage of residents who report being married in Odessa is 46, with an average family size of 3.63.

The percentage of residents who report their race in Odessa is as follows:

White 79.1%
Black / African American 6%
Asian 1.5%
American Indian / Alaskan Native 0.6%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.4%
Other 9.3%

Looking for family-friendly neighborhoods in and/or near Odessa? Or maybe you are searching for 55+ active adult communities in and/or near Odessa?

The percentage of residents who report their age in Odessa is as follows:

Under 10 17.1%
Aged 10-19 14.8%
20s 16.9%
30s 15.2%
40s 10.7%
50s 10.7%
60s 7.8%
70s 4.1%
80+ 2.9%

Best Schools In Odessa, Texas

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Odessa with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Odessa.


Pros And Cons Of Living In Odessa, Texas

How do you know that living in -- or moving to -- Odessa is right where you need to be? Perhaps you grew up in Odessa or already live nearby; therefore, the decision to buy a home in Odessa is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Odessa for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Odessa:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Odessa.


Reasons To Move To Odessa, Texas, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Odessa can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Odessa, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Odessa, TX

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