Investor-grade market analytics for Odessa, Texas. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$255,529
+5.3% year-over-year
7.3%
gross annual
Migration: Top 19% nationally
In-migrants avg $53,291 AGI vs out-migrants $70,369
Odessa, TX is experiencing strong growth with 5.3% year-over-year appreciation, indicating a seller's market with robust demand. Affordability remains favorable with a price-to-income ratio of 3.6x, below the national average of 4.8x. Modest net positive migration (+215 returns/year) provides steady demand support. Climate risk is moderate (50/100) with manageable exposure. Rental yield of 7.28% is strong, making this market attractive for buy-and-hold investors.
Odessa, TX's primary climate exposure is wind storms (70/100). The composite climate risk score of 50/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. Buyers should consider climate-related insurance costs and potential future regulatory changes.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.