Why Live in West Odessa
A suburb of Odessa, West Odessa sits at the heart of the Permian Basin, one of the world's largest oil and gas-producing regions. "Job opportunities in the energy industry attract new residents to West Odessa and drive much of the local economy," says Yvonne Rosas, a Realtor with eXp Realty. Major energy companies and construction firms make up around 30 percent of all jobs in the Odessa-Midland area, but renewable energy manufacturers are also finding a home here.
West Odessa’s population has held steady since 2020, at around 32,000, despite the ups and downs of the local economy. "The area is also known for its resilience, weathering economic shifts tied to the energy sector over the years," Rosas says. "When jobs become scarce, locals organize fundraisers, food drives, and support networks to help families in need." The West Odessa median home price is $300,000, lower than the national and state median. Rosas notes that the housing market here has remained relatively affordable, but prices can fluctuate. “Home prices and rental demand tend to rise when the energy sector is booming, and slow down when the industry experiences downturns," she says.
Housing options vary and
Home Trends in West Odessa, TX
On average, homes in West Odessa, TX sell after 50 days on the market compared to the national average of 50 days. The median sale price for homes in West Odessa, TX over the last 12 months is $295,950, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$295,950
Median Single Family Sale Price
$293,500
Average Price Per Sq Ft
$153
Number of Homes for Sale
24
Last 12 months Home Sales
54
Median List Price
$300,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
6%