Midland, TX metro area Housing Market
Cold MarketComprehensive housing market data for the Midland, TX metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$263K
↓ 32.7% YoY
Days on Market
325 days
↑ 501.9% YoY
Active Inventory
689
↑ 27.4% YoY
Homes Sold
3
↓ 94.5% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Midland, TX metro area Market Summary
The Midland, TX metro area housing market is cooling down. As of January 2026, the median home sale price is $263K, down 32.7% year-over-year. Homes are spending a median of 325 days on the market, 501.9% longer than a year ago.
There are 689 homes for sale — 27.4% more than last year. With 229.7 months of supply, this is a buyer's market. 240 new listings were added during this period, up 77.8% year-over-year.
Homes are selling for 100.0% of their list price on average, suggesting room for negotiation. 33.3% of homes sell above their asking price. 28.2% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
85
Contributing Factors
How This Market Compares
vs. National Median
vs. Texas Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 38% below the national median, which could indicate stronger cash flow potential.
Midland, TX metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$389K
Price per Sq Ft
$80
Sale-to-List Ratio
100.0%
Months of Supply
229.7
Sold Above List
33.3%
Price Drops
28.2%
New Listings
240
↑ 77.8% YoY
Pending Sales
178
Off Market in 2 Weeks
24.7%
Other Markets in Texas
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$325K · 79d on market
Dallas, TX metro area
$392K · 85d on market
San Antonio, TX metro area
$292K · 105d on market
Austin, TX metro area
$409K · 108d on market
Fort Worth, TX metro area
$350K · 71d on market
El Paso, TX metro area
$270K · 72d on market
McAllen, TX metro area
$260K · 97d on market
Killeen, TX metro area
$258K · 101d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.