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Sarah Mitchell

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Compass Real Estate · ZIP 79765

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

ZIP 79765(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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79765 ZIP Code Housing Market

Leaning buyer's-30.5% YoY

$235,000median sale price

What is the 79765 housing market like right now?

The median home sale price in ZIP code 79765 is $235,000, down 30.5% year-over-year with 171 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of October 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is the 79765 ZIP code a buyer's or seller's market?

Leaning buyer's

ZIP code 79765 is currently a leaning buyer's. How we determine this →

What are the latest 79765 housing market stats?

Current housing market statistics for ZIP code 79765
MetricValue
Median sale price$235,000
Median list price$361,495
Year-over-year price change-30.5%
Active inventory171 listings
Sale-to-list price ratio81.3%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

The 79765 zip code, located in Odessa, TX, is currently classified as a leaning buyer's. The median sale price stands at $235,000, representing a -30.5% change year over year. There are currently 171 active listings in the area, which influences how much negotiating power buyers and sellers have.

ZIP 79765 sits in the Odessa, TX area, roughly 5 miles from downtown Odessa. Because home prices are set street by street, this ZIP can move differently from Odessa's citywide averages. The figures below reflect 79765 specifically — drawn from Redfin transactions, U.S. Census data for its 25,904 residents, and Zillow value estimates.

Homes sold

1

Last 12 weeks

Days on market

Average pace

Active listings

171

Sale-to-list

81.3%

Below asking

What is driving the 79765 housing market?

The 79765 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 81.3% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 79765 have declined -30.5% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.

The Zillow Home Value Index (ZHVI) for 79765 stands at $334,040, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,758 per month. This gives a price-to-rent ratio of approximately 15.8, which sits in a moderate range where the buy-versus-rent decision depends heavily on individual financial circumstances and time horizon. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.

Who lives in 79765?

Population

25,904

Median income

$104,965/yr

Median age

30.5 years

Owner-occupied

64.6%

College grads

28.1%

Avg commute

30.71 min

What is it like living in 79765?

Zip code 79765 is home to approximately 25,904 residents. The median household income is $104,965 per year, which shapes the types of homes and amenities available in the area. With a median age of 30.5 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 64.6% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.

About 28.1% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 30.71 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 79765.

Which public schools serve ZIP 79765?

5 schools tracked · 4,248 students

The largest public schools serving ZIP code 79765 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.

COMPASS ACADEMY CHARTER SCHOOL

Grades K-12 · 1,448 students

Charter

BARBARA JORDAN EL

Grades K-5 · 886 students

Public

LEE BUICE EL

Grades K-5 · 821 students

Public

IDEA YUKON ACADEMY

Grades K-5 · 717 students

Charter

IDEA YUKON COLLEGE PREPARATORY

Grades 6-8 · 376 students

Charter

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Frequently asked questions about 79765

What is the median home price in 79765?

The current median sale price in 79765 is $235,000, based on recent Redfin transaction data. Prices have changed -30.5% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.

Is 79765 a buyer's or seller's market?

The 79765 zip code is currently classified as a leaning buyer's. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.

What is the population of zip code 79765?

Zip code 79765 has a population of approximately 25,904 residents. The median household income is $104,965 per year. About 64.6% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.

How do I research neighborhoods in 79765?

Properties Incorporated provides comprehensive data for 79765 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.

How often is the data for 79765 updated?

Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.

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