Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$329,884+1.7% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 25% have cut their price
Income needed to buy, per year$71,512About 0.7× the local median income ($97,719): affordable for a typical household
Days on market58 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.6%Zillow expects prices to rise slightly
The typical home in Midland County, TX is worth $329,884, up 1.7% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $328,585, so the area is 0.4% overvalued. It is a buyer's market: homes take about 58 days to sell, listings are up 7% from a year ago, 25% of listings have had a price cut. Zillow expects prices to rise about 2.6% over the next year. A household needs about $71,512 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $97,719. Typical rent is $1,570 a month, or $2,534 for a house. In the latest IRS figures, 1,810 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$329,884
Change in 1 year
+1.7%
Overvalued %
+0.4%
Show 7 more
Fair home value
$328,585
Change in 5 years
+16.7%
Zillow forecast, next 12 months
+2.6%
Home value to income
3.4×
Monthly mortgage payment (20% down)
$1,788
Income needed to afford it
$71,512
Property tax rate
1.23%
Rent and investing
Typical rent
$1,570
Typical rent for houses
$2,534
Price-to-rent ratio
17.5×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,794
Gross rental yield
5.71%
Cap rate (estimate)
3.71%
Market activity
Listings vs a year ago
+7.3%
Days on market
58
Listings with a price cut
24.9%
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Homes for sale
710
Pending sales per 100 listings
19
Asking price per sq ft
$192
People and jobs
Median household income
$97,719
Population change (1 year)
+2.0%
Unemployment rate
3.4%
Show 4 more
Population
187,855
Income adjusted for cost of living
$102,003
Net moves in (IRS)
+1,810
Cost of living (US = 100)
95.8
Schools, risk and environment
School rating (1 to 10)
4.8
FEMA hazard risk score (0 to 100)
81.2
Flood risk score
80.5
Show 3 more
Wildfire risk score
93.1
Walkability (1 to 20)
8.0
Road, rail and air noise
53 dB
Questions people ask
Is Midland County, TX overvalued?
Home prices in Midland County, TX are slightly above what local incomes have historically supported: fair value is about $328,585, so the area is 0.4% overvalued.
Is Midland County, TX a buyer's or seller's market?
Midland County, TX is a buyer's market: homes take about 58 days to sell, listings are up 7% from a year ago, 25% of listings have had a price cut.
Are home prices going down in Midland County, TX?
Home values in Midland County, TX are up 1.7% over the last year. Zillow's forecast for the next 12 months is +2.6%.
How much do you need to earn to buy a home in Midland County, TX?
A household needs about $71,512 a year to afford the typical home in Midland County, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $97,719.