Midland, TX Home Values & Market Trends
Real estate market trends reflect that there have been 2,933 transactions over the past year in Midland. The median value for residential home transactions that occurred over the previous year is $315,396.09. The number of current listings in Midland is 287, and the percentage of properties for sale in the city is 287.00%. Midland, TX currently has 47 properties in foreclosure, 13 bank owned properties, 34 properties headed for auction, and 287 properties for sale.
Midland, TX Real Estate Market Overview
Housing Market Summary for Midland, TX
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $385K | $324.4K | -15.74% |
| Median Sold Price | $300.8K | $324.4K | 7.84% |
| Homes For Sale | 268 | 257 | -4.10% |
| Homes Sold | 1,083 | 1,049 | -3.14% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Midland, TX
Browse Homes in Midland, TX
Midland home values range from $20,374 to $5,828,318. The median estimated value of a home in Midland is $315,396.09. The median list price of a home is 429,000, and the total count of properties in the city is 53,500.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Midland, TX with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 6 zips within Midland, TX; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Midland, TX ranges from the highest value of $408,420 in 79707 to the lowest value of $198,554 in 79705. Bank owned homes and properties account for 0.02% of properties in Midland, TX. There are 6 zips within Midland, TX; 79705 containing 6 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions79705 has 15 auction properties, the highest number of properties going to auction in a single zip in the state of Midland, TX. Auction homes and other auction properties account for 0.06% of all properties in Midland, TX. There are 6 zips within Midland, TX; of those zips, the median estimated home value for homes going to auction ranges from $625,282 in 79706 to the lowest value of $108,173 in 79706.
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Guide for Midland, TX
Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence
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