Brokers — List your Company Here
Featured local agent — Odessa, FL
Sarah Mitchell
Compass Real Estate · Odessa, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Odessa, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$574,500median sale price
How is the Odessa, FL housing market right now?
The median home sale price in Odessa, FL is $574,500, down 4.3% year-over-year. Homes sell in an average of 45 days with 43 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Odessa a buyer's or seller's market?
Odessa, FL is currently a buyer's market, based on 5.4 months of supply and homes selling in about 45 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
45
Average pace
Active listings
43
5.4 months supply
Sale-to-list
94.4%
Below asking
What does the Odessa housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $574,500 |
| Median list price | $595,000 |
| Year-over-year price change | -4.3% |
| Average days on market | 45 days |
| Active inventory | 43 listings |
| Months of supply | 5.4 months |
| Sale-to-list price ratio | 94.4% |
| Median price per sq ft | $234/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 15 |
| Listings with a price cut | 46.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Odessa by property type?
How the Odessa, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $574,500 | $234/sq ft | 8 | 45 days |
| Condo / Co-op | $195,000 | $204/sq ft | 1 | 8 days |
| Townhouse | $259,000 | $194/sq ft | 1 | 7 days |
Source: Redfin · Updated monthly
The Odessa housing market is currently classified as a buyer's market with a median sale price of $574,500. Prices have fallen 4.3% compared to last year, with homes spending an average of 45 days on market, indicating 5.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 5.9x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Odessa
There are currently 43 homes listed for sale in Odessa, Florida. The median listing price is $595K.
Active listings
43
Homes on market
Median list price
$595K
Avg. days on market
45
Days until sale
New this week
15
Newly listed
Who lives in Odessa?
Population
8,170
Median income
$116,870/yr
Median age
39.2 years
Owner-occupied
71.9%
College grads
50.4%
Avg commute
33.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Odessa?
Zillow home value
$685,049
Zillow rent index
$2,089/mo
Price-to-rent ratio
27.3x
Price-to-income
5.9x
Source: Zillow Research
What is it like to live in Odessa?
Odessa is a community of approximately 8K residents with a median age of 39.2 years.The median household income is $116,870, which reflects a relatively affluent area with strong earning potential. 50.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 71.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Odessa offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Odessa?
3 schools tracked · 3,755 students
The largest public schools serving Odessa, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
STARKEY RANCH K-8
Grades PK-8 · 2,040 students
WALKER MIDDLE MAGNET SCHOOL
Grades 6-8 · 1,007 students
HAMMOND ELEMENTARY SCHOOL
Grades PK-5 · 708 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Odessa, FL?
Want a head-to-head view? Compare Odessa side-by-side with any other U.S. city using our market-comparison tool.
Is Odessa a good real estate investment market?
For investors evaluating Odessa, the price-to-rent ratio of 27.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 4.3% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Odessa's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Odessa's median home price.
Frequently asked questions
What is the average home price in Odessa?
The median home sale price in Odessa is $574,500, down 4.3% from last year.
How long do homes stay on market in Odessa?
Homes typically spend 45 days on market before going under contract.
What is the median income in Odessa?
The median household income is $116,870 per year.
Is Odessa a buyer's or seller's market?
With 5.4 months of supply, Odessa is currently a buyer's market.
What is the Zillow home value estimate for Odessa?
The Zillow Home Value Index (ZHVI) for Odessa is $685,049, representing the typical home value in the area.
What is the median condo price in Odessa?
The median condo/co-op sale price in Odessa, FL is $195,000, compared to $574,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Odessa?
The median single-family home price in Odessa, FL is $574,500 (about $234 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Odessa, FL
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Odessa market alerts
Weekly updates on prices, inventory, and trends. Free forever.