Odessa, TX metro area Housing Market Brief
metro · TX · as of August 2026
What is Odessa, TX metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Odessa, TX metro area in its market cycle?
Odessa, TX metro area is classified as Emerging — early in its cycle, with scores climbing from a low base. This is a classification of recent (1–12 month) momentum, not a price forecast.
Odessa, TX metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $189K | ▲ +14.6% |
| Median Days on Market | 47 days | ▲ +20.5% |
| Months of Supply | 154.0 | ▼ -51.3% |
| Homes for Sale | 462 | ▲ +46.2% |
| Homes Sold | 3 | ▲ +200% |
| Median Price / Sq Ft | $110 | ▲ +30.2% |
How has Odessa, TX metro area’s Alpha Score moved?
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Frequently asked questions
Is Odessa, TX metro area a buyer's or seller's market?
As of August 2026, Odessa, TX metro area is classified as a Balanced Market, based on its Alpha Score of 47 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Odessa, TX metro area?
The median sale price in Odessa, TX metro area is $189K, having risen 14.6% over the past year.
How affordable is Odessa, TX metro area?
Odessa, TX metro area scores 93 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Odessa, TX metro area's Alpha Score?
Odessa, TX metro area's strongest dimension is Affordability (93/100) and its weakest is Inventory Health (18/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Odessa, TX metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.