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Bigelow Estates Central Park Fairgrounds McPherson Estates Midland International Air Industrial Park Montgomery Parker Acres Quail Ridge Ranchero Park Ranchland Acres South 349 Acres Westridge Park

MIDLAND, TX 79706

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 79706

Bigelow Estates · Central Park · Fairgrounds · McPherson Estates · Midland International Air Industrial Park · Montgomery · Parker Acres · Quail Ridge · Ranchero Park · Ranchland Acres · South 349 Acres · Westridge Park

Market Analysis

Data as of March 2026. Source: Realtor.com.

The MIDLAND, TX real estate market (79706) currently shows 152 active listings, with 41 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has increased compared to last year, with 44 more homes available — giving buyers more choice.

Homes are selling faster, averaging 46 days on market compared to 47 days last year.

The median listing price has risen 2.3% year-over-year, from $546,400 to $559,000.

Whether you are buying or selling in MIDLAND, TX, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 32,527  ·  Density: 18.2/mi²  ·  Median household income: $99,515

Typical home value: $248,773  ·  Homeownership: 81.9%

Market Overview

Active Listings
152
⇧ 40.7% vs 108 last year
Pending
41
27% pending ratio
Median Price
$559,000
⇧ 2.3% vs $546,400 last year
Average Price
$596,105
⇩ 19% vs $735,960 last year
Days on Market
46
⇩ 2.1% vs 47 days last year

Price Per Square Foot

Median $/sqft
$225
⇩ 2.2% vs $230/sqft last year
Median Home Size
2,371 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 152 this year vs 108 last year
  • Days on market: 46 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $559,000 (+2.3% YoY)
  • Average: $596,105 (-19% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 61.7 miles — 641 listings ($306,398,463 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
79706Midland, TX 797060.0 mi150$87,232,350$527,450$581,549
79703Midland, TX 7970313.7 mi43$15,455,619$268,750$359,433
79707Midland, TX 7970719.6 mi185$118,286,410$525,000$639,386
79761Odessa, TX 7976122.2 mi59$15,753,708$235,725$267,012
79758Gardendale, TX 7975824.6 mi13$7,426,640$589,990$571,280
79782Stanton, TX 7978224.6 mi20$8,038,340$348,750$401,917
79764Odessa, TX 7976429.7 mi46$16,508,986$300,000$358,891
79778Rankin, TX 7977839.9 mi4$768,000$185,000$192,000
79731Crane, TX 7973144.0 mi6$1,285,476$229,900$214,246
79752McCamey, TX 7975251.9 mi8$1,331,920$185,000$166,490
79714Andrews, TX 7971455.2 mi68$24,092,604$299,923$354,303
79331Lamesa, TX 7933157.5 mi35$9,328,410$240,000$266,526
79788Wickett, TX 7978861.7 mi4$890,000$222,500$222,500

Frequently Asked Questions

How many homes are for sale in MIDLAND, TX 79706?

As of March 2026, there are 152 active listings in MIDLAND, TX (zip code 79706), compared to 108 the prior year.

What is the median home price in MIDLAND, TX 79706?

The median listing price in MIDLAND, TX 79706 is $559,000 as of March 2026, a 2.3% increase from $546,400 the prior year.

How long do homes stay on the market in MIDLAND, TX?

Homes in MIDLAND, TX 79706 spend an average of 46 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in MIDLAND, TX 79706?

Based on current inventory and days-on-market data as of March 2026, MIDLAND, TX 79706 is currently a Balanced Market. Inventory has increased compared to last year, with 44 more homes available — giving buyers more choice. Homes are selling faster, averaging 46 days on market compared to 47 days last year.

How much can I save on real estate commission in MIDLAND, TX?

With SELL123.com's maximum 3% commission, sellers in MIDLAND, TX 79706 save an estimated $11,180 compared to a typical 5% commission on the median listing price of $559,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.