West Odessa, TX Housing Market & Real Estate

Buyer's market-31.5% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in West Odessa, TX is $249,900, down 31.5% year-over-year. Homes sell in an average of 371 days with 57 active listings. The market is currently a buyer's market.

$249,900median sale price

Homes sold

1

Last 12 weeks

Days on market

371

Average pace

Active listings

57

57.0 months supply

Sale-to-list

Below asking

West Odessa, TX market data

Current housing market statistics for West Odessa, TX
MetricValue
Median sale price$249,900
Median list price$385,000
Year-over-year price change-31.5%
Average days on market371 days
Active inventory57 listings
Months of supply57.0 months
Market conditionBuyer's market

Source: Redfin · Updated weekly

The West Odessa housing market is currently classified as a buyer's market with a median sale price of $249,900. Prices have fallen 31.5% compared to last year, with homes spending an average of 371 days on market, indicating 57.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in West Odessa

There are currently 57 homes listed for sale in West Odessa, Texas. The median listing price is $385K.

Active listings

57

Homes on market

Median list price

$385K

Avg. days on market

371

Days until sale

New this week

19

Newly listed

Price drops:26.3%of listings

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Frequently asked questions

What is the average home price in West Odessa?

The median home sale price in West Odessa is $249,900, down 31.5% from last year.

How long do homes stay on market in West Odessa?

Homes typically spend 371 days on market before going under contract.

Is West Odessa a buyer's or seller's market?

With 57.0 months of supply, West Odessa is currently a buyer's market.

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