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 + 30.48% (+ 3.05% yearly).

All of the property in TX averaged + 49.25% change in value (+ 4.93% yearly).

Odessa-TX

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2001-2004 Quarterly Detailed Appreciation
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 $99,000.00 in 1995, you could multiply by + 30.48%, add the gain and see the home should be worth $129,175.20 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Odessa-TX from 1995 to 2004:
+ 3.05%

Appreciation Comparisons

The top 5 performing MSAs from 1995 to 2004 were San-Diego-Carlsbad-San-Marcos-CA, Salinas-CA, Barnstable-Town-MA, San-Luis-Obispo-Paso-Robles-CA, and Oxnard-Thousand-Oaks-Ventura-CA .

  1. San-Diego-Carlsbad-San-Marcos-CA increased +189.90% from 1995 to the end of 2004
  2. Salinas-CA increased +186.52% from 1995 to the end of 2004
  3. Barnstable-Town-MA increased +184.65% from 1995 to the end of 2004
  4. San-Luis-Obispo-Paso-Robles-CA increased +172.94% from 1995 to the end of 2004
  5. Oxnard-Thousand-Oaks-Ventura-CA increased +168.06% from 1995 to the end of 2004

Zip Code in MSA: 79765 - ODESSA, TX

MSA Pop: 122692
Zip Pop: 4501
Avg Value: 74000
County: ECTOR
Elev: 2890
Region: South
Lat: 31.933879
Long: -102.388609