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Land and home values in Odessa, TX

Odessa is a city in Ector County, Texas, home to about 115,322 people. Residential land runs about $3.95 per sq ft, the typical home is worth about $250,000, and a 2-bedroom rents for about $1,700 a month, as of October 12, 2026.

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Values in Odessa

Land: residential$3.95per sq ft
Land: residential$171,975per acre
Land: quarter-acre lot$42,99410,890 sq ft
Home: typical (median)$250,000value
Home: entry-level$211,000lower quartile
Home: upper-end$338,000upper quartile
Build new$157per sq ft, no land
Rent: 1-bedroom$1,350per month
Rent: 2-bedroom$1,700per month
Rent: 3-bedroom$2,030per month
Rent: 4-bedroom$2,350per month
Gross yield, 2-bed8.2%a year

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Questions people ask

How much is land worth in Odessa, TX?

Residential land in Odessa, TX is about $3.95 per square foot, or $171,975 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $42,994. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Odessa, TX?

The typical (median) home in Odessa, TX is worth about $250,000, with entry-level homes around $211,000 and upper-end homes around $338,000, as of October 2026.

How much is rent in Odessa, TX?

A 2-bedroom rents for about $1,700 a month in Odessa, TX, a 1-bedroom about $1,350 and a 3-bedroom about $2,030 (gross rent including utilities, HUD Fair Market Rent basis).

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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