Is now a good time to buy land in Odessa, Texas?
Odessa, Texas is currently a strong buyer's market with 39.2 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
39.2 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 12 | 16 | 38 |
| 1-2 acres | - | - | 1 | 6 |
| 2-5 acres | - | - | - | 2 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 12 | 17 | 47 |
Odessa, Texas is currently a strong buyer's market with 39.2 months of supply. Buyers have more negotiating power and can take time to find the right property.
Odessa, Texas currently has 39.2 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Over the past 12 months, Odessa, Texas saw 47 properties sold. In just the last 3 months, 12 properties changed hands.
Land in Odessa, Texas typically sells within 125 days of listing. The median time on market is 43 days. Properties are moving slowly in the current strong buyer's market.
There are currently 157 active listings in Odessa, Texas. 68 new listings have hit the market in the last 90 days. The median asking price is $114K.
The 3-month absorption rate in Odessa, Texas is 2.5%. The 12-month rate is 2.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Odessa, Texas is 2.5% (3-month basis), indicating slow demand. The top-performing broker in this market is Magnolia Road RealtyBrownfield.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.