Real Estate
Data Center
Structured monthly housing market statistics from Texas REALTORS® — verified, neutral, data-driven clarity for the Midland–Odessa region.
Key Takeaways
Market Snapshot
Month-end MLS tabulated statistics reported through the Texas REALTORS® Data Relevance Project.
Source: Texas REALTORS® Data Relevance Project. Month-end MLS tabulated statistics.
Midland vs Odessa
| Metric | Midland | Odessa |
|---|---|---|
| Median Price | $375,000 | $295,000 |
| Median Price YoY | +8.3% | +7.7% |
| Active Listings | 471 | 458 |
| Months of Inventory | 2.8 | 3.6 |
| Median Days on Market | 43 | 38 |
| Close-to-Original List Ratio | 96.9% | 95.6% |
| Closed Sales | 180 | 138 |
| Closed Sales YoY | +0.6% | +16.0% |
Market Interpretation
Odessa recorded strong year-over-year growth in active listings (+32.0%), while Midland's inventory declined slightly (-0.8%). Inventory levels remain below four months in both markets — 2.8 in Midland and 3.6 in Odessa — placing the region within a seller-leaning range.
Midland recorded an 8.3% year-over-year increase in median price alongside 0.6% growth in closed sales, and days on market rose to 43 days (up 11 days YoY) — a slightly slower pace than a year ago. Odessa saw stronger sales momentum with +16.0% closed sales, alongside a 7.7% rise in median price, and days on market rose to 38 (up 7 days YoY). Close-to-list ratios above 95% in both markets indicate moderate negotiation conditions.
Inventory Benchmarks
Methodology & Protocol
All statistics are derived from the Texas REALTORS® Data Relevance Project, aggregating MLS data from the Permian Basin Board of REALTORS® (Midland) and Petroplex Board of REALTORS® (Odessa).
This Data Center reflects month-end tabulated statistics and is updated monthly following official report publication. Month-end tabulations may differ from real-time MLS dashboard counts during the month.
Updated monthly after official MLS tabulations are published. All figures reflect the most recently completed month so comparisons remain credible and verifiable.
Data Center FAQ
Is Midland, TX a buyer's or seller's market?
As of July 2026, Midland reports 2.8 months of inventory, placing it within a seller-leaning market range based on standard months-of-inventory benchmarks. The median price also rose 8.3% year-over-year, reinforcing seller-favorable conditions.
Is Odessa, TX a buyer's or seller's market?
As of July 2026, Odessa reports 3.6 months of inventory, placing it closer to balanced conditions while remaining within a seller-leaning to balanced range. Closed sales grew 16.0% year-over-year, and median prices rose 7.7%.
How many active homes were for sale in Odessa?
Odessa reported 458 active residential listings at the end of July 2026 based on month-end MLS tabulated statistics — a 32.0% year-over-year increase.
How long are homes staying on the market in Midland?
The median days on market in Midland was 43 days in July 2026 according to Texas REALTORS MLS reporting — 11 days slower than July 2025.
What does months of inventory mean?
Months of inventory estimates how long it would take to sell the current supply of homes at the current sales pace. Lower inventory generally indicates tighter supply, while higher inventory indicates more available supply relative to demand.
City-level data sets the context. A neighborhood-level analysis using current comps and active competition tells the real story for your specific property.
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