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Midland city, TX

ZIP 79707 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 79707

Median Home Value
$382,400
Median Rent
$1,240
Affordability Snapshot
$105,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,456/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.8x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

25.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 79707 in Midland city, TX, a household would need roughly $105,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,456. That is roughly in line with the local median household income ($99,979). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
59.7%-9% vs US avg
x
Vacancy Rate
3.2%-69% vs US avg
x
Broadband Access
93.5%+8% vs US avg
x
4+ Bedrooms
4.0%-73% vs US avg
x
Built Pre-1939
0.2%-98% vs US avg
x
Built Post-2014
1.7%-76% vs US avg
x
Rent Burden >30%
28.0%-44% vs US avg
x
Mortgage-Free
39.2%+3% vs US avg
x
$382,400
Home Value
$1,240
Rent
1989
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached58.4%
  • 1-unit attached3.2%
  • 2-9 units19.5%
  • 10+ units17.4%
  • Mobile home & other1.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$382,400
Median rent$1,240
Owner-occupied59.7%
Vacant3.2%
Price-to-income3.8x
Est. income to buy$105,000