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Midland city, TX

ZIP 79705 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 79705

Median Home Value
$329,300
Median Rent
$1,283
Affordability Snapshot
$91,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,115/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

21.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 79705 in Midland city, TX, a household would need roughly $91,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,115. That sits below the local median household income ($105,106), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
71.6%+10% vs US avg
x
Vacancy Rate
7.4%-29% vs US avg
x
Broadband Access
89.0%+2% vs US avg
x
4+ Bedrooms
3.2%-79% vs US avg
x
Built Pre-1939
1.6%-88% vs US avg
x
Built Post-2014
2.9%-59% vs US avg
x
Rent Burden >30%
28.3%-43% vs US avg
x
Mortgage-Free
38.0%-1% vs US avg
x
$329,300
Home Value
$1,283
Rent
1990
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached65.6%
  • 1-unit attached3.6%
  • 2-9 units10.0%
  • 10+ units16.1%
  • Mobile home & other4.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$329,300
Median rent$1,283
Owner-occupied71.6%
Vacant7.4%
Price-to-income3.1x
Est. income to buy$91,000