The story of this market
The typical home in ZIP 79765 sells for about $365,500, or $163 per square foot.
Prices are up +5.6% from a year ago, so sellers still have some momentum. Homes take about 56 days to sell. HUD's fair market rent for a two-bedroom is $2,700 a month.
ZIP 79765 — Odessa
The 79765 housing market remains stable, supported by a strong local economy tied to the energy sector. While sales volume has fluctuated, home values continue to show modest year-over-year growth, reflecting steady demand in the area.
This ZIP is well-suited for families and professionals working in the energy sector who prioritize proximity to regional employment hubs and suburban-style housing.
Median prices moved up 5.6% year over year.
Homes spend a median of 56 days on market with 6.0 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 6.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 79765, Ector County TX
The area is served by the Ector County Independent School District, which maintains a diverse portfolio of schools with varying performance ratings.
The region faces risks typical of West Texas, including wind and occasional severe weather events; property insurance premiums are influenced by these regional hazard profiles.
The local economy is heavily anchored by the energy sector, with significant infrastructure and development momentum tied to oil and gas industry activity in the Permian Basin.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Residents primarily rely on personal vehicles for commuting, with major thoroughfares providing access to employment hubs in Odessa and the broader Permian Basin.
The area features local parks and community spaces, with proximity to regional shopping and dining districts within the city of Odessa.
The rental market shows steady demand, with median asking rents reflecting the area's economic activity and housing supply constraints.
The economy is dominated by the oil and gas industry, with major employers including energy exploration and production companies operating in the Permian Basin.
Transportation is primarily highway-based, with major corridors connecting Odessa to Midland and other regional hubs.
Development is largely driven by residential expansion and commercial projects supporting the regional energy workforce.
The Ector County Appraisal District manages property assessments for tax purposes.
Parcels are subject to Ector County ISD taxes and potential special utility district assessments.
Property insurance markets in the region are sensitive to weather-related risks and the overall economic climate of the Permian Basin.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Cinergy Odessa Featuring EPIC4.51.6 mi
- Cinergy Midland South Featuring EPIC4.58 mi
- Urban Air Trampoline and Adventure Park412 mi
- Chuck E. Cheese3.610.7 mi
- Urban Air Trampoline and Adventure Park4.24.3 mi
- Cinergy Odessa Featuring EPIC4.51.6 mi
- Cinergy Midland South Featuring EPIC4.58 mi
- Golden Corral Buffet & Grill44.1 mi
- Midland County Horseshoe4.511 mi
- Ector County Coliseum4.47.3 mi
- Cinergy Odessa Featuring EPIC4.51.6 mi
- Cinergy Midland South Featuring EPIC4.58 mi
- Cinemark Century Odessa 124.23.7 mi
- Beal Park4.58.5 mi
- Lucky Strike Midland4.19.9 mi
- Permian Basin Petroleum Museum4.811.5 mi
- Museum of the Southwest4.411.8 mi
- Ellen Noël Art Museum4.73.6 mi
- Odessa Meteor Crater4.116.2 mi
- Bush Family Home State Historic Site4.612.1 mi
- Beal Park4.58.5 mi
- Watersong Wild Space4.59.2 mi
- Dennis the Menace Park4.711.5 mi
- McKinney Park4.58 mi
- Centennial Park4.712.8 mi
- Ratliff Ranch Golf Links4.25.7 mi
- Odessa Country Club4.61.2 mi
- Midland Park Mall4.311.6 mi
- Music City Mall4.14.3 mi
- Ross Dress for Less45 mi
- T.J. Maxx & HomeGoods4.312.1 mi
- Ross Dress for Less4.111.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides various community green spaces and recreational facilities.
Access to regional retail and dining hubs serving the Odessa area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.