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Odessa city, TX

ZIP 79761 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 79761

Median Home Value
$158,400
Median Rent
$1,029
Affordability Snapshot
$44,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,018/mo PITI).

18%
Rent-to-Income Ratio

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

2.3x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

12.8 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 79761 in Odessa city, TX, a household would need roughly $44,000 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 $1,018. That sits below the local median household income ($69,279), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
57.1%-13% vs US avg
x
Vacancy Rate
8.6%-17% vs US avg
x
Broadband Access
79.9%-8% vs US avg
x
4+ Bedrooms
0.9%-94% vs US avg
x
Built Pre-1939
7.2%-44% vs US avg
x
Built Post-2014
0.3%-95% vs US avg
x
Rent Burden >30%
24.4%-51% vs US avg
x
Mortgage-Free
54.1%+42% vs US avg
x
$158,400
Home Value
$1,029
Rent
1969
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached63.6%
  • 1-unit attached1.5%
  • 2-9 units11.4%
  • 10+ units17.5%
  • Mobile home & other6.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$158,400
Median rent$1,029
Owner-occupied57.1%
Vacant8.6%
Price-to-income2.3x
Est. income to buy$44,000