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Midland

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Housing market in Midland, TX

  • State
    Texas
  • Neighborhoods
    0
  • Communities
    2
  • Single family
    43
  • Townhouses
    0
  • Multi family
    0
  • Condominiums
    0
  • Active builders
    1
  • Starting price
    $331,990
  • Median price
    $423,855
  • Price per square foot
    $197.37

Real estate price trends

Home price data reflects 0 listings in Midland, TX, sourced from Jome and updated regularly

*Based on Jome markets

What it's like to live in Midland?

The Local Vibe (Location & Identity)

Midland serves as the primary economic engine of the Permian Basin, positioned halfway between Fort Worth and El Paso. This standalone industrial hub in Midland County is defined by its high concentration of energy sector professionals and a median age of approximately 31. The city functions as a high-growth employment center rather than a quiet bedroom community.

Living Here: Amenities & Lifestyle

Daily life revolves around the energy industry, but the local landscape offers more than oil rigs. Residents spend weekends exploring the 30-acre I-20 Wildlife Preserve or attending minor league baseball games at the Scharbauer Sports Complex. Shopping is concentrated at Midland Park Mall, while the Museum of the Southwest provides a cultural touchstone in the historic district. Commutes are typically short, with most residents reaching major employers like Chevron or ConocoPhillips in under 20 minutes via State Highway 191. The semi-arid climate means outdoor activities at Hogan Park are viable nearly year-round. You will find several new home communities in Midland expanding toward the northwest, offering modern infrastructure in this desert landscape.

Schools & Family Appeal

Midland Independent School District serves the area, featuring specialized campuses like the Early College High School at Midland College. Families often gather at the Centennial Library or the many neighborhood parks that dot the newer residential developments. The city’s young demographic supports a wide range of youth sports leagues and community-focused events.

Why New Construction Makes Sense Here

The West Texas climate presents unique challenges for older housing stock, particularly regarding insulation and HVAC efficiency during 100-degree summers. Choosing new construction homes in Midland can lead to significant long-term savings compared to retrofitting a 1970s-era ranch. Modern builds often feature energy-efficient windows and advanced sealing that can reduce monthly utility costs by an estimated $150 to $250, based on regional energy rate data and Energy Star standards. Furthermore, many builders currently offer interest rate buy-downs that lower monthly mortgage payments more effectively than negotiating on an existing home. These financial advantages, combined with the lack of immediate capital expenditures for roof or foundation repairs, make new builds a pragmatic choice for the local market.