How much is a home worth in ZIP code 79762?

The typical home in 79762 is worth $264,008, based on the Zillow Home Value Index.

Are home values rising in 79762?

Home values in 79762 are up 6.3% over the past year, and up 3.4% a year over five years.

What is the typical rent in 79762?

A typical home in 79762 rents for about $1,514 a month, a gross rental yield of 6.9%.

What is the property tax rate in 79762?

The effective property tax rate in 79762 is 1.3% — roughly $3,441 a year on a typical home.

ZIP code 79762 has a population of 39,927 and a median household income of $75,272.

HousingHandbookReference data

…

U.S. ZIP Code · TX79762

Ector County · Odessa, TX

Typical home value

$264,008^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +6.3%
5-year / yr: +3.4%
10-year / yr: +4.3%

Relative price

vs U.S.: -7.1%
vs metro: +6.8%
vs state: ≈ state median

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 79762 is worth $264,008 — 6.8% above the Odessa, TX median. Over the past year, values have risen 6.3%. Homes here rent for a typical $1,514 a month — a 6.9% gross rental yield. The effective property tax rate is 1.3%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,514^[2]
Gross yield: 6.9%^[2]
Cap rate: 4.1%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.3%^[3]
Typical annual tax: $3,441^[3]

#Climate risk

FEMA National Risk Index ratings for Ector County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Relatively Low
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Very Low
Tornado: Relatively Moderate
Earthquake: Very Low
Winter weather: Very High

#Who lives here

Population: 39,927^[3]
Median household income: $75,272^[3]

#Migration

Household moves in and out of Ector County over a year, from IRS tax-return data.

Net migration: +337^[5]
Moved in: 4,330
Moved out: 3,993

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 15
Elementary: 8
Middle: 2
High: 2

PERMIAN H S
High · Grades 9–12 · ECTOR COUNTY ISD
4,126 students
NIMITZ MIDDLE
Middle · Grades 6–8 · ECTOR COUNTY ISD
1,312 students
WILSON & YOUNG MEDAL OF HONOR MIDDLE
Middle · Grades 6–8 · ECTOR COUNTY ISD
1,193 students
THE STEM ACADEMY
Other · Grades K–12 · ECTOR COUNTY ISD
743 students
GOLIAD EL
Elementary · Grades PK–5 · ECTOR COUNTY ISD
616 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield6.9%

Net yield (after ~40% expenses)4.1%

Annual rent$18,171

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,335

Loan principal$211,206

Down payment$52,802

Total interest paid$269,382

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.22

Monthly cost to own$1,841

Monthly rent$1,514

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 100th percentile^[1]
Rental yield: 0th percentile^[2]
Property tax: 60th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 79762?: The typical home in 79762 is worth $264,008, based on the Zillow Home Value Index.
Are home values rising in 79762?: Home values in 79762 are up 6.3% over the past year, and up 3.4% a year over five years.
What is the typical rent in 79762?: A typical home in 79762 rents for about $1,514 a month, a gross rental yield of 6.9%.
What is the property tax rate in 79762?: The effective property tax rate in 79762 is 1.3% — roughly $3,441 a year on a typical home.
Who lives in 79762?: ZIP code 79762 has a population of 39,927 and a median household income of $75,272.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

79766 vs 79762 →
Odessa, TX
Typical home
$277,752
Gross yield
—
79764 vs 79762 →
West Odessa CDP, TX
Typical home
$230,367
Gross yield
—
79763
West Odessa CDP, TX
Typical home
$217,035
Gross yield
—
79761
Odessa, TX
Typical home
$212,567
Gross yield
7.5%
79758
Gardendale CDP, TX
Typical home
$387,827
Gross yield
—

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 79762 against any other ZIP — full side-by-side table.

Compare 79762 →

#Jump to section

U.S. ZIP Code · TX79762

Get more data on ZIPs like this

Get more data on ZIPs like this