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Odessa, TX Housing

 
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As of 2010-2014, median price of a house in Odessa is $109,500, which is lower than the state average of $131,400 and is much lower than the national average of $175,700. The Odessa median house value has grown by 129.56% since 2000. The growth rate for the price of a house in Odessa is much higher than the state average rate of 59.27% and is much higher than the national average rate of 46.91%. The median year that a house in Odessa was built is 1969, which is older than the median year for a house built in the state which is 1984 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 23,266 Owner Occupied Houses in Odessa, TX, #482
Odessa, TX
109,500 USD
Texas
131,400 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #84
Odessa, TX
129.56%
Texas
59.27%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Odessa, TXTexasU.S.
Total Housing Units41,311, see rank, 100%10,187,189132,741,033
Occupied Housing Units38,130, 92.30%, see rank88.48%87.55%
Owner Occupied23,266, 56.32%, see rank55.49%56.34%
Renter Occupied14,864, 35.98%, see rank32.99%31.21%
Vacant Housing Units3,181, 7.70%, see rank11.52%12.45%
For Rent897, 2.17%, see rank3.13%2.34%
For Sale Only232, 0.56%, see rank1.05%1.20%
Rented or Sold, Not Occupied459, 1.11%, see rank0.97%0.92%
For Seasonal, Recreational, or Occasional Use102, 0.25%, see rank2.37%3.97%
For Migrant Workers15, 0.04%, see rank0.02%0.03%
Other Vacant1,476, 3.57%, see rank3.97%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #1248
Odessa, TXTexasU.S.
196919841976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Odessa, TX%TexasU.S.
Owner-Occupied Units23,266100%5,652,54274,787,460
With a Mortgage11,70150.29%, see rank60.56%65.58%
Without a Mortgage11,56549.71%, see rank39.44%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Odessa, TX
1,206 USD
Texas
1,443 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsOdessa, TX%TexasU.S.
$299 or Less330.28%, see rank0.15%0.20%
$300 to $4991671.43%, see rank1.18%1.59%
$500 to $6999247.90%, see rank4.49%5.01%
$700 to $9992,57622.02%, see rank14.70%14.32%
$1,000 to $1,4994,52638.68%, see rank33.20%27.90%
$1,500 to $1,9991,91816.39%, see rank22.54%20.35%
$2,000 to $2,9991,26910.85%, see rank16.45%19.52%
$3,000 or More2882.46%, see rank7.30%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Odessa, TX
18.80% of the Total Income
Texas
22.20% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Odessa, TX%TexasU.S.
10% or Less1,31011.20%, see rank6.26%5.86%
10% to 20%5,14743.99%, see rank36.09%31.95%
20% to 30%2,81624.07%, see rank27.65%27.64%
30% to 40%1,17010.00%, see rank12.28%13.74%
40% or More1,24910.67%, see rank17.16%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Odessa, TX
421 USD
Texas
459 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsOdessa, TX%TexasU.S.
$199 or Less1,0499.07%, see rank7.97%7.76%
$200 to $2991,92816.67%, see rank14.81%14.70%
$300 to $4994,38437.91%, see rank33.97%34.63%
$500 to $6992,36720.47%, see rank22.08%21.16%
$700 or More1,83715.88%, see rank21.17%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Odessa, TX
10.10% of the Total Income
Texas
11.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Odessa, TX%TexasU.S.
10% or Less5,71449.41%, see rank41.43%40.19%
10% to 20%3,39329.34%, see rank32.37%31.47%
20% to 30%1,37111.85%, see rank11.78%12.24%
30% to 40%3232.79%, see rank5.09%5.64%
40% or More7086.12%, see rank8.03%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Odessa, TXTexasU.S.
Total Housing Units41,311, 100%10,187,189132,741,033
1-unit, Detached27,203, 65.85%, see rank65.34%61.65%
1-unit, Attached1,039, 2.52%, see rank2.68%5.82%
2 Units509, 1.23%, see rank1.94%3.75%
3 or 4 Units871, 2.11%, see rank3.20%4.43%
5 to 9 Units3,171, 7.68%, see rank4.85%4.78%
10 or More Units6,567, 15.90%, see rank14.35%13.08%
Mobile Home, Boat, RV, Van, etc.1,951, 4.72%, see rank7.63%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Odessa, TXTexasU.S.
Total Housing Units41,311, 100%10,187,189132,741,033
1 Room796, 1.93%, see rank1.69%1.95%
2 Rooms823, 1.99%, see rank2.86%2.48%
3 Rooms4,703, 11.38%, see rank10.61%9.13%
4 Rooms7,598, 18.39%, see rank16.68%16.60%
5 Rooms11,103, 26.88%, see rank21.74%20.41%
6 Rooms7,834, 18.96%, see rank18.39%18.06%
7 Rooms4,293, 10.39%, see rank11.53%12.27%
8 Rooms2,203, 5.33%, see rank7.50%8.48%
9 Rooms or More1,958, 4.74%, see rank8.98%10.60%
Median Rooms5.10, see rank5.305.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Odessa, TXTexasU.S.
Total Housing Units41,311, 100%10,187,189132,741,033
No Bedroom804, 1.95%, see rank1.85%2.17%
1 Bedroom6,143, 14.87%, see rank12.69%11.16%
2 Bedrooms10,457, 25.31%, see rank23.33%26.69%
3 Bedrooms18,744, 45.37%, see rank41.71%39.70%
4 Bedrooms4,667, 11.30%, see rank17.12%16.05%
5 or More Bedrooms496, 1.20%, see rank3.30%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Odessa, TXTexasU.S.
Total Housing Units38,130, 100%9,013,582116,211,092
Utility Gas18,585, 48.74%, see rank37.22%48.85%
Bottled, Tank, or LP Gas141, 0.37%, see rank3.42%4.86%
Electricity19,159, 50.25%, see rank58.19%36.68%
Fuel Oil, Kerosene, etc.71, 0.19%, see rank0.12%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood22, 0.06%, see rank0.43%2.12%
Solar Energy10, 0.03%, see rank0.01%0.05%
Other Fuel74, 0.19%, see rank0.16%0.47%
No Fuel Used68, 0.18%, see rank0.44%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalOdessa, TXTexasU.S.
Occupied Units Paying Rent13,539, 100%3,174,41239,201,928
$199 or Less155, 1.14%, see rank1.28%1.50%
$200 to $299481, 3.55%, see rank2.20%3.18%
$300 to $499815, 6.02%, see rank6.35%7.37%
$500 to $6992,622, 19.37%, see rank19.10%16.01%
$700 to $9994,178, 30.86%, see rank35.25%29.17%
$1,000 to $1,4993,981, 29.40%, see rank26.13%26.88%
$1,500 to $1,999960, 7.09%, see rank6.97%9.79%
$2,000 or More347, 2.56%, see rank2.73%6.10%
Median$890, see rank$870$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Odessa, TXTexasU.S.
Occupied Housing Units38,130, 100%9,013,582116,211,092
No Vehicles Available1,943, 5.10%, see rank5.88%9.12%
1 Vehicles Available13,893, 36.44%, see rank34.31%33.80%
2 Vehicles Available14,477, 37.97%, see rank40.44%37.48%
3 or More Vehicles Available7,817, 20.50%, see rank19.37%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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