79762 Housing Market Report May 2025•Ector County, Texas

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Housing Prices in 79762, TX

How much do homes in 79762, TX cost?

Housing Market Conditions

Is 79762, TX a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

79762 is a Buyer's Market

Difference Since May 2024

At the same time last year, 79762 was a Seller's Market.

Insight

79762 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$275,000$143/SqFt
+$40,000
+17.0%

Based on all homes sold in the last 12 months

Insight

Homes in 79762 have sold for 17% more than they did a year ago.

Summary: The median home sold price in 79762 was $275,000 in May 2025, up 17% from last year, and the median price per square foot was $143.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
79762
+17.0%
79765
+2.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1-$69K
N/A
2$144.5K$162.5K
+12.5%
3$235K$269.9K
+14.9%
4$260K$377.5K
+45.2%
5$585K$308.5K
-47.3%

Summary: 79762 housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +12.5%. The home price for 3 bedroom homes increased by +14.9%. The home price for 4 bedroom homes increased by +45.2%. The home price for 5 bedroom homes decreased by -47.3%.

How does 79762, TX compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

79762, TX

Housing supply in 79762, TX

How many homes are available in 79762, TX?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
52Last MonthMay 2025
272 months agoApr 2025
+92.6 %
Change MoMApr – May

Summary: The 79762 real estate market had 52 homes for sale in May 2025, a 92.6 % increase compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
7Last MonthMay 2025
42 months agoApr 2025
+75.0 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
100
0.0%
203
+100.0%
31831
+72.2%
4612
+100.0%
536
+100.0%

Summary: 79762 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +72.2%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes increased by +100.0%.

Asking Price vs. Sold Price

How much do homes in 79762, TX cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price1 Home

Under Asking Price3 Homes

Insight

If you're buying a home in 79762, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 79762 in May 2025, up by 75.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and and 33% were sold over asking.

Days on Market for 79762, TX

How long does it take to sell a home in 79762, TX?

Breakdown of Home Sale Times

Under 30 Days4 Homes

30 – 90 Days2 Homes

Over 90 Days0 Home

Insight

Many homes in 79762 are selling fast, if you're buying plan to act quickly.

Summary: During May 2025, 7 homes were sold in 79762; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
23 DaysThis YearMay 2025
14 Days1 year agoMay 2024
+64.0 %
Change YoYMay 2024 – May 2025

Summary: Homes in 79762 had an average listing age of 23 days in May 2025, up by 64.0% compared to the previous year.

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Newest Listings in 79762, TX

What homes are available in 79762, TX?

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MLS Disclaimers and Copyright

Based on information from Odessa MLS, Permian Basin MLS, and Lubbock Multiple Listing Service for the period 06/01/2023 - 06/01/2025

Information is provided by Odessa Board of Realtors Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Odessa Board of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 6/4/2025, 8:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Based on Information provided by the Multiple Listing Service of the Permian Basin Board of REALTORS®. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All the information provided must not be reproduced or redistributed. Copyright © 2025 Permian Basin Board of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 6/4/2025, 8:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 Lubbock Association of REALTORS®. All rights reserved.

IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 1/30/2025, 10:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.