Odessa, TX Real Estate
According to census data in the year 2000 there were 37,991 housing units in Odessa.
This represents a 0.6% growth from 37,751 in 1990.
Of those housing units, 37,843 were located in either urbanized areas or urban clusters, and 148 were located in what is classified as a rural area.
Homeownership rate in Odessa is about 64.2%.
Odessa's vacancy rate, including seasonal lodging, is about 11.3%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in Odessa were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.20% |
| One Bedroom | 17.90% |
| Two Bedrooms | 26.70% |
| Three Bedrooms | 43.70% |
| Four Bedrooms | 7.80% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.91 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $47,700 |
| Median Price asked for vacant units | $35,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.17 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $282 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0.70% |
| Home Equity Loan | 2.10% |
| Simple Mortgage | 49.90% |
| Debt Free | 47.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.4% |
