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 | $369,990 | $271,500 |
| Median Price YoY | +5.5% | +6.7% |
| Active Listings | 451 | 435 |
| Months of Inventory | 2.6 | 3.4 |
| Median Days on Market | 36 | 66 |
| Close-to-Original List Ratio | 96.4% | 95.0% |
| Closed Sales | 197 | 103 |
| Closed Sales YoY | +1.6% | -7.2% |
Market Interpretation
Odessa recorded strong year-over-year growth in active listings (+29.5%), while Midland's inventory declined further (-3.2%). Inventory levels remain below four months in both markets — 2.6 in Midland and 3.4 in Odessa — placing the region within a seller-leaning range.
Midland recorded a 5.5% year-over-year increase in median price alongside modest 1.6% growth in closed sales, and days on market rose to 36 days (up 4 days YoY) — a slightly slower pace than a year ago. Odessa's median price climbed 6.7% even as closed sales pulled back 7.2% year-over-year, and days on market rose to 66 (up 17 days YoY), suggesting buyers are taking longer to commit despite continued price gains. Close-to-list ratios of 96.4% in Midland and 95.0% in Odessa 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 August 2026, Midland reports 2.6 months of inventory, placing it within a seller-leaning market range based on standard months-of-inventory benchmarks. The median price also rose 5.5% year-over-year, reinforcing seller-favorable conditions.
Is Odessa, TX a buyer's or seller's market?
As of August 2026, Odessa reports 3.4 months of inventory, placing it closer to balanced conditions while remaining within a seller-leaning to balanced range. Closed sales fell 7.2% year-over-year, while median prices continued rising, up 6.7%.
How many active homes were for sale in Odessa?
Odessa reported 435 active residential listings at the end of August 2026 based on month-end MLS tabulated statistics — a 29.5% year-over-year increase.
How long are homes staying on the market in Midland?
The median days on market in Midland was 36 days in August 2026 according to Texas REALTORS MLS reporting — 4 days slower than August 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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