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Area data

Midland, TX — ZIP 79703

Population: 20,419 (Census ACS)

Home values & appreciation

Median home value
$244,250
1-year appreciation
+1.8%
3-year appreciation
+16.7%
5-year appreciation
+18.6%
10-year appreciation
+58.2%
All-time peak (2026-06)
$244,339
House Price Index
440.1 (-0.8% YoY)

Market activity

1-year forecast
+0.1%
Days to pending
32 days
New listings (monthly)
20

Rents

Typical rent
$1,366/mo
1-year rent change
-0.7%

Affordability

Cost of living index (Average)
96.5 (100 = US avg)
Electricity rate (state-level)
15.5¢/kWh
Natural gas rate (state-level)
$19.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
9
Elementary schools
5
Middle schools
2
High schools
1
Charter schools
3

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
drought, hail, tornado, winterWeather, coldWave

Climate (30-year normals)

Annual precipitation
16.7 in

Amenities

Nearest airport
Midland International Air and Space Port (MAF) (5 mi)
Nearest major airport
Midland International Air and Space Port (MAF) (5 mi)
Hospitals nearby (~15 mi)
1,090
Avg hospital rating
3.1 / 5
EV charging stations (within 10 mi)
21
Solar radiation rating
Good (5.5 kWh/m²/day)

Migration

Net migration
+714 tax filers

Housing stock

Median year housing built
1,978
Median annual property tax
$2,593
Mean commute to work
18 min
Households with broadband internet
70.0%

Employment & development

Total county employment
105,242
Average weekly wage
$1,825
Top industries (by employment)
Mining, Accommodation & Food, Construction
Annual residential building permits (county)
1,504

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents