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Townhome Foreclosures in Odessa, TX

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Odessa, TX Foreclosures

Current Market Conditions in in Odessa, TX As of March 2026?
In the past month, Odessa's real estate market has continued to see a rise in home prices by approximately 5% as demand remains strong. With the oil industry's robust performance, the interest levels among buyers have surged, leading to more homes being sold. This uptick indicates the market's resilience and highlights Odessa as an attractive option for prospective homeowners and investors looking for growth potential.
How much do homes sell for in Odessa, TX?
The average home price is currently $245,421.
In Odessa, TX, how many homes are available?
There are currently 1 active home listings available in Odessa.
What’s the average rental cost in Odessa, TX?
The average rental price in Odessa is $1,452.
What is the most expensive home in Odessa?
The most expensive home sold in Odessa had a price of $16,938,300.
What is currently the cheapest priced home in Odessa, TX?
The cheapest home for sale in Odessa is priced at $11,395.

Living in Odessa, TX

Odessa, TX is a thriving city with a rich cultural heritage, surrounded by beautiful landscapes and offers a wealth of amenities. Its strong economy, especially in the oil industry, makes it a great place for professionals seeking opportunities. With various schools, parks, and recreational activities, Odessa is perfect for families looking for a friendly and vibrant community.

Buyer vs Seller Market in Odessa, TX

The real estate market in Odessa has been steadily improving, driven by the booming oil and gas industry that attracts both residents and investors. The demand for housing has led to new developments across the city, while the existing homes remain desirable due to their affordable prices compared to other Texas cities. Investors and first-time buyers alike are finding excellent opportunities in this growing market.

In recent months, Odessa has seen an increase in home prices as more individuals consider relocating for job opportunities in the oil sector. This surge in demand indicates a continuous upward trend, making it a favorable time for sellers and a competitive market for buyers.

Home Value Estimator For Odessa, TX

There are currently 45,843 real estate properties in Odessa, TX, with a median automated valuation model (AVM) price of $219,052.00. 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 $245,421.00, with the most expensive house in Odessa, TX, topping out at $16,938,300.00 and the cheapest home in Odessa, TX, clocking in at $11,395.00. 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 $1,452.00. Indeed, when looking to rent in Odessa, TX, you can expect to pay as little as $490.00 or as much as $2,820.00, with the average rent median estimated to be $1,440.00. 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.

Odessa, TX Townhomes


Market Trend for Odessa, TX

Total Listings Available: 1

Market Values:

Home Prices from $11,395 to $16,938,300

Average Sales Price: $245,421

Rental Values:

Rental from $490 to $2,820

Average Rent Value: $1,452 / month

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