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).
$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)
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 79706 | State median | US median | |
|---|---|---|---|
| Median home value | $385,962 | $260,151 | $289,727 |
| Median sale price | $346,550 | $285,000 | $325,000 |
| Median days on market | 349 days | 71 days | 51 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 →