79764
Odessa, Texas
Odessa 79764 needs watching.
The 79764 ZIP code in Odessa, Texas has a median sale price of $180K, down -20.7% year-over-year. Homes spend an average of 49 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 41 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 79764.
The Odessa 79764 market shows significant stress, with the median sale price falling to $180,000, down 20.7% year-over-year. Homes are moving in 49 days on average, a moderate pace that belies deeper pricing pressure. Most telling: zero percent of properties are selling above list price, indicating buyers hold complete negotiating leverage. This represents a sharp correction from previous market conditions, with sellers forced to meet buyer-determined price points to achieve transactions.
These conditions heavily favor cash buyers and value-focused investors who can absorb near-term volatility. The 20.7% price decline creates entry points for rental property acquisition at significantly reduced basis costs compared to 2025. Sellers face difficult decisions—those without urgency should delay, while those requiring liquidity must price aggressively below recent comparables. First-time buyers gain affordability but should verify employment stability given the market's downward trajectory suggests broader economic softness in the area.
The PropIQ score of 41/100 signals continued caution, suggesting this correction hasn't fully resolved. With zero above-list sales and persistent price declines, expect the median to drift lower through Q2 2026 before stabilizing. Watch employment data from Odessa's energy sector and days-on-market trends—any extension beyond 49 days would confirm further weakening.Price discovery remains incomplete until at least some properties begin commanding list price or modest premiums.
What is the median home price in 79764 Odessa?
The median sale price in 79764 is $180K, down -20.7% year-over-year as of 2026-01-31.
How long do homes stay on the market in Odessa 79764?
Homes in 79764 Odessa spend an average of 49 days on market before going under contract.
Is Odessa 79764 a good place to invest in real estate?
Folio's PropIQ™ score for 79764 is 41/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 41 mean for 79764?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 41 = Caution in 79764 Odessa, Texas.