Home appreciation in Odessa, TX

Over the five years ending 2025, home prices in Odessa, TX grew an average of 4.0% a year.

Price growth at a glance

1-year

+3.9%

2025 over 2024. Texas: +1.8%.

5-year, per year

+4.0%

Average annual growth, 2020 to 2025. Texas: +8.1%.

10-year, per year

+4.2%

+51.1% in total since 2015. Texas: +7.0%.

How does your home compare?

Odessa, TX home prices rose 51.1% over the ten years to 2025, while its ZIP codes ranged from +43.5% to +68.9%. Look up your home to see where it ranks among the homes around it.

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A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Odessa, TX compares with Texas

Texas averaged +8.1% a year, putting Odessa, TX behind the state overall. For five-year price growth, Odessa, TX ranks 405th out of 409 metros nationwide and 26th out of 26 in Texas.

Index, 2005 = 100

Odessa, TX and Texas, quarterly house price index rebased to 100 in 2005.
YearOdessa, TXTexas
2005 Q1100100
2005 Q2105102
2005 Q3109103
2005 Q4114104
2006 Q1119106
2006 Q2126107
2006 Q3130109
2006 Q4135110
2007 Q1141112
2007 Q2149114
2007 Q3150114
2007 Q4158115
2008 Q1156116
2008 Q2158116
2008 Q3163116
2008 Q4160116
2009 Q1163117
2009 Q2164116
2009 Q3160115
2009 Q4162115
2010 Q1156114
2010 Q2155114
2010 Q3155115
2010 Q4156115
2011 Q1156113
2011 Q2156112
2011 Q3158113
2011 Q4159113
2012 Q1161113
2012 Q2165114
2012 Q3169115
2012 Q4169116
2013 Q1180117
2013 Q2177119
2013 Q3182121
2013 Q4183122
2014 Q1188124
2014 Q2190127
2014 Q3195130
2014 Q4198131
2015 Q1201133
2015 Q2201137
2015 Q3200139
2015 Q4210141
2016 Q1200143
2016 Q2203146
2016 Q3202149
2016 Q4199151
2017 Q1202153
2017 Q2198157
2017 Q3203159
2017 Q4206161
2018 Q1205163
2018 Q2219167
2018 Q3226169
2018 Q4229169
2019 Q1236171
2019 Q2244174
2019 Q3248176
2019 Q4250178
2020 Q1253180
2020 Q2249181
2020 Q3256184
2020 Q4254188
2021 Q1253192
2021 Q2250204
2021 Q3256217
2021 Q4262225
2022 Q1260236
2022 Q2264252
2022 Q3272258
2022 Q4267254
2023 Q1256255
2023 Q2271258
2023 Q3283260
2023 Q4284259
2024 Q1287262
2024 Q2292265
2024 Q3298266
2024 Q4305268
2025 Q1301268
2025 Q2312269
2025 Q3302270
2025 Q4314271
2026 Q1309272
2026 Q2312274

Chart through 2026 Q2. Annual growth figures through 2025.

Five-year and ten-year growth rates were similar, at +4.2% a year over ten years and +51.1% in total, suggesting a similar pattern over both periods.

Over this history, home prices never fell more than 4.4% from a prior peak.

The strongest year was 2006 at +18.8%, and the weakest was 2010 at -4.4%.

In 2025 alone the index moved +3.9%, against +1.8% for the state.

ZIP codes in Odessa, TX

Over the ten years to 2025, the 6 ZIP codes FHFA measures in this metro ranged from +43.5% in 79765 to +68.9% in 79758, while the metro as a whole rose 51.1%.

ZIP codes in Odessa, TX ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
79758-2.0%+4.7%+5.4%+68.9%
79763-0.8%+5.3%+5.3%+67.0%
79764+10.4%+4.8%+5.0%+62.6%
79762+4.6%+4.2%+4.0%+47.3%
79761+4.6%+3.1%+3.8%+45.3%
79765+3.3%+3.0%+3.7%+43.5%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Odessa, TX and Texas, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006118.8+18.8%105.6
2007139.4+17.4%111.1
2008148.4+6.5%113.1
2009151.5+2.1%113.3
2010144.8-4.4%111.9
2011146.5+1.2%110.3
2012154.5+5.4%112.0
2013168.4+9.0%116.9
2014179.8+6.8%125.2
2015189.5+5.4%134.3
2016187.3-1.1%143.8
2017188.5+0.6%154.0
2018204.8+8.6%163.1
2019228.1+11.4%171.0
2020235.7+3.4%178.9
2021238.0+1.0%204.7
2022247.9+4.2%244.1
2023254.9+2.8%252.0
2024275.7+8.1%259.0
2025286.4+3.9%263.6

The 26 measured metros in Texas

Measured metros in Texas ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Brownsville-Harlingen, TX+1.3%+9.8%+6.5%
2El Paso, TX+3.3%+9.8%+6.4%
3Sherman-Denison, TX+0.5%+9.7%+8.5%
4McAllen-Edinburg-Mission, TX+3.6%+9.6%+6.7%
5Killeen-Temple, TX+1.2%+9.3%+7.4%
6Longview, TX+2.9%+9.1%+5.9%
7Waco, TX+3.6%+8.9%+7.8%
8Wichita Falls, TX+3.6%+8.9%+6.7%
9College Station-Bryan, TX+4.6%+8.6%+6.8%
10Tyler, TX+2.2%+8.6%+6.7%
11Dallas-Plano-Irving, TX (metropolitan division)+0.6%+8.5%+7.7%
12Fort Worth-Arlington-Grapevine, TX (metropolitan division)+1.1%+8.3%+7.8%
13Abilene, TX+4.4%+8.2%+6.2%
14Texarkana, TX-AR+4.8%+8.1%+5.8%
15Laredo, TX+3.8%+7.5%+5.5%
16San Angelo, TX+3.4%+7.5%+5.7%
17Amarillo, TX+2.4%+7.4%+5.2%
18Corpus Christi, TX+1.6%+7.3%+5.4%
19San Antonio-New Braunfels, TX+1.5%+7.3%+6.6%
20Houston-Pasadena-The Woodlands, TX+2.2%+6.9%+5.5%
21Victoria, TX0.0%+6.9%+4.7%
22Austin-Round Rock-San Marcos, TX-0.2%+6.8%+6.9%
23Lubbock, TX+2.2%+6.5%+5.1%
24Beaumont-Port Arthur, TX+3.8%+6.1%+5.3%
25Midland, TX+4.5%+4.6%+4.7%
26Odessa, TX+3.9%+4.0%+4.2%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the Texas row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

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Measured FHFA data · chart through 2026 Q2