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Area data

Midland, TX — ZIP 79706

Population: 34,281 (Census ACS)

The median home value in ZIP 79706 (Midland, TX) is $385,962 — up 1.2% over the past year. Homes sell for a median $346,550 after a median 348.5 days on market. Typical rent runs $2,186/month. 5 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with drought, hail, tornado the top-rated hazards. Cost of living is 3.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$385,962

Median home value

+1.2%

1-year change

348.5

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Median home value
$385,962
1-year appreciation
+1.2%
3-year appreciation
+8.6%
5-year appreciation
+12.6%
10-year appreciation
+46.4%
All-time peak (2026-03)
$387,616
House Price Index (state)
440.1 (-0.8% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$346,550
Median list price
$511,000
Median price per sqft
$176
1-year sale-price change
+10.0%
Median days on market
348.5 days
Homes sold (recent period)
2
For-sale inventory
148
Sale-to-list ratio
101.4%
Active listings
142
1-year forecast
+0.5%
Days to pending
102 days
New listings (monthly)
42

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$2,186/mo
1-year rent change
-4.7%

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

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%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
5
Elementary schools
3
Middle schools
1
High schools
1
School districts serving the area
GREENWOOD ISD, MIDLAND ISD
Schools include
GREENWOOD H S, GREENWOOD EL, JAMES R BROOKS MIDDLE, GREENWOOD INT, BARBARA YARBROUGH EL

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
drought, hail, tornado, winterWeather, coldWave
Notable hazard ratings (county)
coldWave: Relatively Moderate · drought: Relatively High · hail: Relatively High · heatWave: Relatively Low · iceStorm: Relatively Low · inlandFlooding: Relatively Moderate
Wildfire risk to homes (county)
Higher than 78% of US counties
Buildings in wildfire direct-exposure zone
36.6%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
West County Road 112 Ground Water (7.4 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
15.9 in
USDA plant hardiness zone
8a (extreme annual low 10 to 15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

Airports within 30 mi
11
Nearest airport
Skywest Inc Airport (4 mi)
Nearest major airport
Midland International Air and Space Port (MAF) (12 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
OCEANS BEHAVIORAL HOSPITAL OF PERMIAN BASIN
EV charging stations (within 10 mi)
21
Solar radiation rating
Good (5.5 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+714 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
2,008
Housing built before 1970
8.9%
Housing built 2000 or later
60.1%
Median annual property tax
$3,313
Mean commute to work
25 min
Households with broadband internet
59.0%

Source: Census ACS 5-year estimates (ZIP-level)

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

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 79706State medianUS median
Median home value$385,962$260,151$289,727
Median sale price$346,550$285,000$325,000
Median days on market349 days71 days51 days
Typical rent$2,186/mo$1,580/mo$1,808/mo
Median annual property tax$3,313$2,390$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

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

Common questions

What is the median home value in ZIP 79706?
$385,962.
What is the median sale price in ZIP 79706?
$346,550.
How long do homes take to sell in ZIP 79706?
Median days on market: 348.5 days.
What is typical rent in ZIP 79706?
Typical rent: $2,186/month.
What is the natural-hazard risk in ZIP 79706?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: drought, hail, tornado, winterWeather, coldWave.
What is the wildfire risk in ZIP 79706?
Risk to homes is higher than 78% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 79706?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 79706?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 79706?
5 schools (3 elementary, 1 middle, 1 high) (NCES, 2022-23).
What is the cost of living in ZIP 79706?
Regional Price Parity: 96.5 (100 = US average) (Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

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

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