Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Odessa, Texas did compared to the state as a whole.

The Odessa, Texas MSA property value change was + 11.46% (+ 1.64% yearly).

All of the property in TX averaged + 35.66% change in value (+ 5.09% yearly).

Odessa-TX

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation


If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Odessa, Texas click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Odessa, Texas.

If you were going to do a Odessa, Texas Refinance, or Odessa, Texas Reverse Mortgages, you could estimate your home value.

If you knew your Odessa, Texas home was worth $96,000.00 in 1995, you could multiply by + 11.46%, add the gain and see the home should be worth $107,001.60 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Odessa-TX from 1995 to 2001:
+ 1.64%

Appreciation Comparisons

The worst 5 MSAs from 1995 to 2001 were Honolulu-HI, Odessa-TX, Lawton-OK, El-Paso-TX, and Buffalo-Niagara-Falls-NY .

  1. Honolulu-HI decreased by - 5.27% between 1995 and 2001
  2. Odessa-TX only increased + 11.46% between 1995 and 2001
  3. Lawton-OK only increased + 11.56% between 1995 and 2001
  4. El-Paso-TX only increased + 12.88% between 1995 and 2001
  5. Buffalo-Niagara-Falls-NY only increased + 13.30% between 1995 and 2001

For a 7 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Merced-CA, Naples-Marco-Island-FL, and Vallejo-Fairfield-CA .

  1. Salinas-CA increased +208.13% from 1999 thru 2005
  2. Springfield-MA increased +199.02% from 1981 thru 1987
  3. Merced-CA increased +193.70% from 1999 thru 2005
  4. Naples-Marco-Island-FL increased +186.53% from 1999 thru 2005
  5. Vallejo-Fairfield-CA increased +185.64% from 1999 thru 2005

The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .

  1. Lafayette-LA lost - 40.40% from 1982 to 1988
  2. Casper-WY lost - 35.78% from 1983 thru 1989
  3. Midland-TX lost - 32.81% from 1983 thru 1989
  4. Lafayette-LA lost - 32.70% from 1983 thru 1989
  5. Midland-TX lost - 31.48% from 1982 thru 1988

Zip Code in MSA: 79762 - ODESSA, TX

MSA Pop: 122692
Zip Pop: 36008
Avg Value: 56200
County: ECTOR
Elev: 2890
Region: South
Lat: 31.88843
Long: -102.364727