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Odessa Housing Information

IndexOdessaFloridaNational
Median home price$227,400$166,800$184,700
Median rent asked$1,151$1,032$949
Avg. people per household3.02.62.6
Owner occupied households82.2%64.8%63.6%
Renter occupied households17.8%35.2%36.4%
Above, you'll find an overview of the real estate market in Odessa, FL. Generally, real estate in the Odessa, FL area is less affordable in Florida, as the median price of a home in Odessa, FL is $227,400, which is 36% higher than the Florida average. The median rental price in Odessa, FL is $1,151. This is 12% higher than the average rental price in Florida. Home owners comprise 82.2% of the population of Odessa, FL, where an average of 3.0 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Odessa, FL. Below, you can search for real estate listings in Odessa, FL using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.

Odessa Home Affordability

When searching for real estate in Odessa, FL, home affordability is a critical aspect. The ratio of the house price to the median household income is one method used to figure out home affordability. In Odessa, FL, the median house price is $227,400, while the median income for households in the area is $66,769. Therefore, the ratio of house price to income is 3.4x; this ratio is equal to the average in Florida. The calculation for the ratio of home affordability requires dividing the median household income by the median house price. The lower the aforementioned ratio, the more affordable homes are - when comparing the house price to the household income. However, there are more factors that come into play in terms of home affordability. The calculator below determines home affordability, and it can help you decide how much money you can afford to pay for real estate in Odessa, FL.

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Moon Lake, FL4,708$49,10073%
Beacon Square, FL6,971$62,60066%
Elfers, FL13,375$63,80065%
New Port Richey, FL15,503$65,00065%
Holiday, FL20,451$65,20065%
Odessa, FL7,859$227,40023%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Topanga, CA7,858$933,700406%
Baxter, MN7,858$190,9003%
Seffner, FL7,861$145,90021%
Felida, WA7,857$366,30098%
North Bay Village, FL7,861$249,20035%
Odessa, FL7,859$227,40023%

Source: The Odessa, FL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).
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