Odessa Metro Area Housing

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As of 2010-2014, median price of a house in Odessa Area is $96,800, which is lower than the state average of $131,400 and is much lower than the national average of $175,700. The median year that a house in Odessa Area was built is 1973, 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 Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 32,894 Owner Occupied Houses in Odessa Area, #673

Odessa Area	96,800 USD
Texas	131,400 USD
U.S.	175,700 USD

Median House Price Growth Since 2005-2009, see rank

Odessa Area	42.98%
Texas	59.27%
U.S.	46.91%

*The Odessa Area median house price growth rate is since 2005-2009. The Texas and U.S population growth rate is since 2000.

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 Area	Texas	U.S.
Total Housing Units	54,548, see rank, 100%	10,187,189	132,741,033
Occupied Housing Units	50,214, 92.05%, see rank	88.48%	87.55%
Owner Occupied	32,894, 60.30%, see rank	55.49%	56.34%
Renter Occupied	17,320, 31.75%, see rank	32.99%	31.21%
Vacant Housing Units	4,334, 7.95%, see rank	11.52%	12.45%
For Rent	957, 1.75%, see rank	3.13%	2.34%
For Sale Only	282, 0.52%, see rank	1.05%	1.20%
Rented or Sold, Not Occupied	594, 1.09%, see rank	0.97%	0.92%
For Seasonal, Recreational, or Occasional Use	254, 0.47%, see rank	2.37%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.02%	0.03%
Other Vacant	2,247, 4.12%, see rank	3.97%	4.00%

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

Year Structure Built

Median Built Year, #525

Odessa Area	Texas	U.S.
1973	1984	1976

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 Area	%	Texas	U.S.
Owner-Occupied Units	32,894	100%	5,652,542	74,787,460
With a Mortgage	14,729	44.78%, see rank	60.56%	65.58%
Without a Mortgage	18,165	55.22%, see rank	39.44%	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 Area	1,170 USD
Texas	1,443 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Odessa Area	%	Texas	U.S.
$299 or Less	33	0.22%, see rank	0.15%	0.20%
$300 to $499	284	1.93%, see rank	1.18%	1.59%
$500 to $699	1,211	8.22%, see rank	4.49%	5.01%
$700 to $999	3,583	24.33%, see rank	14.70%	14.32%
$1,000 to $1,499	5,548	37.67%, see rank	33.20%	27.90%
$1,500 to $1,999	2,328	15.81%, see rank	22.54%	20.35%
$2,000 to $2,999	1,432	9.72%, see rank	16.45%	19.52%
$3,000 or More	310	2.10%, see rank	7.30%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Odessa Area	19.00% 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 Area	%	Texas	U.S.
10% or Less	1,773	12.04%, see rank	6.26%	5.86%
10% to 20%	6,217	42.21%, see rank	36.09%	31.95%
20% to 30%	3,344	22.70%, see rank	27.65%	27.64%
30% to 40%	1,671	11.34%, see rank	12.28%	13.74%
40% or More	1,715	11.64%, see rank	17.16%	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 Area	394 USD
Texas	459 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Odessa Area	%	Texas	U.S.
$199 or Less	2,048	11.27%, see rank	7.97%	7.76%
$200 to $299	3,462	19.06%, see rank	14.81%	14.70%
$300 to $499	6,805	37.46%, see rank	33.97%	34.63%
$500 to $699	3,615	19.90%, see rank	22.08%	21.16%
$700 or More	2,235	12.30%, see rank	21.17%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Odessa Area	10.00% 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 Area	%	Texas	U.S.
10% or Less	9,561	52.63%, see rank	41.43%	40.19%
10% to 20%	5,136	28.27%, see rank	32.37%	31.47%
20% to 30%	1,799	9.90%, see rank	11.78%	12.24%
30% to 40%	485	2.67%, see rank	5.09%	5.64%
40% or More	1,023	5.63%, see rank	8.03%	9.16%

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

Units in Structure

	Odessa Area	Texas	U.S.
Total Housing Units	54,548, 100%	10,187,189	132,741,033
1-unit, Detached	32,755, 60.05%, see rank	65.34%	61.65%
1-unit, Attached	1,310, 2.40%, see rank	2.68%	5.82%
2 Units	550, 1.01%, see rank	1.94%	3.75%
3 or 4 Units	881, 1.62%, see rank	3.20%	4.43%
5 to 9 Units	3,175, 5.82%, see rank	4.85%	4.78%
10 or More Units	6,360, 11.66%, see rank	14.35%	13.08%
Mobile Home, Boat, RV, Van, etc.	9,517, 17.45%, see rank	7.63%	6.49%

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

Rooms

	Odessa Area	Texas	U.S.
Total Housing Units	54,548, 100%	10,187,189	132,741,033
1 Room	1,093, 2.00%, see rank	1.69%	1.95%
2 Rooms	1,120, 2.05%, see rank	2.86%	2.48%
3 Rooms	5,571, 10.21%, see rank	10.61%	9.13%
4 Rooms	10,082, 18.48%, see rank	16.68%	16.60%
5 Rooms	14,732, 27.01%, see rank	21.74%	20.41%
6 Rooms	10,376, 19.02%, see rank	18.39%	18.06%
7 Rooms	5,975, 10.95%, see rank	11.53%	12.27%
8 Rooms	2,969, 5.44%, see rank	7.50%	8.48%
9 Rooms or More	2,630, 4.82%, see rank	8.98%	10.60%
Median Rooms	5.10, see rank	5.30	5.50

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

Bedrooms

	Odessa Area	Texas	U.S.
Total Housing Units	54,548, 100%	10,187,189	132,741,033
No Bedroom	1,101, 2.02%, see rank	1.85%	2.17%
1 Bedroom	7,053, 12.93%, see rank	12.69%	11.16%
2 Bedrooms	13,436, 24.63%, see rank	23.33%	26.69%
3 Bedrooms	25,348, 46.47%, see rank	41.71%	39.70%
4 Bedrooms	6,779, 12.43%, see rank	17.12%	16.05%
5 or More Bedrooms	831, 1.52%, see rank	3.30%	4.22%

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

House Heating Fuel

	Odessa Area	Texas	U.S.
Total Housing Units	50,214, 100%	9,013,582	116,211,092
Utility Gas	20,289, 40.41%, see rank	37.22%	48.85%
Bottled, Tank, or LP Gas	1,401, 2.79%, see rank	3.42%	4.86%
Electricity	26,792, 53.36%, see rank	58.19%	36.68%
Fuel Oil, Kerosene, etc.	109, 0.22%, see rank	0.12%	5.86%
Coal or Coke	0, 0.00%, see rank	0.01%	0.12%
Wood	48, 0.10%, see rank	0.43%	2.12%
Solar Energy	10, 0.02%, see rank	0.01%	0.05%
Other Fuel	1,440, 2.87%, see rank	0.16%	0.47%
No Fuel Used	125, 0.25%, see rank	0.44%	1.00%

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

Gross Rent

Monthly Rental	Odessa Area	Texas	U.S.
Occupied Units Paying Rent	15,240, 100%	3,174,412	39,201,928
$199 or Less	155, 1.02%, see rank	1.28%	1.50%
$200 to $299	517, 3.39%, see rank	2.20%	3.18%
$300 to $499	1,088, 7.14%, see rank	6.35%	7.37%
$500 to $699	3,192, 20.94%, see rank	19.10%	16.01%
$700 to $999	5,035, 33.04%, see rank	35.25%	29.17%
$1,000 to $1,499	4,068, 26.69%, see rank	26.13%	26.88%
$1,500 to $1,999	863, 5.66%, see rank	6.97%	9.79%
$2,000 or More	322, 2.11%, see rank	2.73%	6.10%
Median	$849, see rank	$870	$920

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

Vehicle Available

	Odessa Area	Texas	U.S.
Occupied Housing Units	50,214, 100%	9,013,582	116,211,092
No Vehicles Available	2,657, 5.29%, see rank	5.88%	9.12%
1 Vehicles Available	16,985, 33.83%, see rank	34.31%	33.80%
2 Vehicles Available	19,806, 39.44%, see rank	40.44%	37.48%
3 or More Vehicles Available	10,766, 21.44%, see rank	19.37%	19.61%

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