Odessa, Tx

Population: 114,597
Average annual home appreciation rate: 1.38%
Total of homes for sale in this market: 464
Median home price: $128,425
Median Rent: $967
Home price range: 36.82% of homes are between $124,001 – $249,000
Median sales price: No current data available
Number of homes: 119
Median foreclosure sales price: $124,715
Foreclosure discount: No current data available
Most common home type: 66.27% of homes are single family detached
Number of vacant homes: 6.91%
Number of renters: 39.87%
Number of owner occupied: 60.13%
Number people living below poverty level: 15.09%
Unemployment rate: 4.20%
Is this area perfect for real estate deals going on right now? Odessa real estate appreciated 129.37% over the last ten years, which is an average annual home appreciation rate of 8.66%, putting Odessa in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Odessa definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

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