What cash buyers have been doing here in the last 12 months.
Data last updated
In Odessa, investors own about 59 tracked properties across 31 active buyers, with a median investor purchase price near $800,000. 16 were acquired in the last 12 months.
Buying has picked up in Odessa. The last 12 months brought 16 investor purchases versus about 8 the year prior — an increase of roughly 100%, which means more bidders on the same contracts.
Strategy here skews to buy & hold, which accounts for 85.7% of tracked deals. Hold strategies mean patient money: slower decisions, but the rent roll carries more weight than the flip math.
The median investor-owned home was built around 1994. Just 14.3% was built before 1980, which keeps renovation scopes and disclosure burdens down.
Buying concentrates geographically: 33556 and 33556- take the largest share of investor purchases in Odessa, which makes them the obvious first targets before working outward through the rest of the city.
31 cash buyers are active in Odessa, and between them they hold about 59 properties. Averaging below 0.5 purchases per buyer last year, this is a wide, shallow pool — a numbers game where reach beats depth.
The median investor purchase lands near $800,000. The gap between that median and the $6,967,000 average is the story here — a few outsized trades, with the real volume well underneath them.
Counts and prices here are drawn from recorded investor purchases in this city and refresh with new records. They are a record of past activity, not a forecast or investment advice.