The story of this market
The typical home in ZIP 79701 sells for about $199,900, or $195 per square foot.
Homes take about 46 days to sell. HUD's fair market rent for a two-bedroom is $2,484 a month.
ZIP 79701 — Midland
The 79701 housing market shows stable activity with a median listing price of $199,900 and a moderate pace of sales. The area benefits from the broader Midland economic momentum driven by the energy sector, maintaining a consistent demand for housing.
This ZIP code is well-suited for family buyers and individuals seeking a blend of urban convenience and small-town community warmth.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 46 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
3 foreclosure-ledger notices — 1.1 per 10,000 residents — a stable, low-distress profile.
ZCTA 79701, Midland County TX
The local economy is driven by the energy sector, with robust development and job growth attracting new residents to the Midland area.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
The area offers a blend of urban convenience and community-focused living with local events and festivals fostering a sense of togetherness.
The rental market is active with a renter share of approximately 33% in the ZIP code.
The Midland economy is heavily influenced by the energy industry, which serves as a major employer and economic anchor for the region.
Data sourced from City-Data and NeighborhoodScout profiles.
- Cinergy Odessa Featuring EPIC4.512.7 mi
- Cinergy Midland South Featuring EPIC4.54.2 mi
- Urban Air Trampoline and Adventure Park44.1 mi
- Chuck E. Cheese3.64.4 mi
- Urban Air Trampoline and Adventure Park4.216.3 mi
- Cinergy Odessa Featuring EPIC4.512.7 mi
- Cinergy Midland South Featuring EPIC4.54.2 mi
- Golden Corral Buffet & Grill416.2 mi
- Midland County Horseshoe4.51.6 mi
- Ector County Coliseum4.419.3 mi
- Cinergy Odessa Featuring EPIC4.512.7 mi
- Cinergy Midland South Featuring EPIC4.54.2 mi
- Beal Park4.53.7 mi
- Lucky Strike Midland4.14.8 mi
- Watersong Wild Space4.53.1 mi
- Permian Basin Petroleum Museum4.81.4 mi
- Museum of the Southwest4.40.6 mi
- Ellen Noël Art Museum4.715.8 mi
- Bush Family Home State Historic Site4.60.7 mi
- Chris Kyle Memorial4.912.9 mi
- Beal Park4.53.7 mi
- Dennis the Menace Park4.70.9 mi
- Watersong Wild Space4.53.1 mi
- Centennial Park4.70.6 mi
- Hogan Park4.42.9 mi
- The Courses at Hogan Park3.63.6 mi
- Midland Park Mall4.33.9 mi
- T.J. Maxx & HomeGoods4.33.7 mi
- Ross Dress for Less4.13.8 mi
- Kohl's4.24.4 mi
- Rogers Ford4.52.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.