Published October 18, 2026 in Market Update

More Midland listings are giving buyers a bit more room

The biggest shift in Midland right now is more homes to choose from. The Real Estate Data Aggregator counted 161 homes for sale across Midland in the three months ending August 31, 2026. That is up 33.1% from the same months of 2025. More supply means buyers have a little more room. Sellers need to price carefully to stand out.

Nationally, Realtor.com reported that 20.8% of listings had price cuts in September, the highest share since October 2022. Midland's inventory jump fits that same pattern. More choices tend to soften asking prices a little.

Demand is still moving

More supply does not mean buyers have walked away. The Real Estate Data Aggregator counted 275 pending sales across Midland in the three months ending August 31, 2026. That is up 23.3% from a year before. Well-priced homes are still finding buyers.

How each ZIP code looks

The story is not the same in every corner of Midland. Here is what the Real Estate Data Aggregator found for each ZIP code in the three months ending August 31, 2026.

ZIP 48640 saw the most sales activity. The Real Estate Data Aggregator counted 85 homes sold there, up 44.1% from a year ago. Homes sold at 100.2% of list price on average, and 48.5% went under contract within two weeks of listing.

ZIP 48642 was the quickest market. The Real Estate Data Aggregator put the median days on market at just 11 days, though that was 5 days longer than a year before. The median sale price came in at $267,950, up 1.4%.

ZIP 48623 saw the biggest price gain. The Real Estate Data Aggregator put the median sale price at $380,000, up 17% from a year ago. Homes took a median of 23 days to sell, 7 days longer than last year. Fewer homes sold too, down 17.5%.

ZIP 48657 had the most supply. The Real Estate Data Aggregator counted 4.3 months of supply, up 2.6 months from a year ago. That said, 59.1% of homes went under contract within two weeks of listing, up 33 points. Priced right, homes there can still move quickly.

ZIP 48611 is the tightest market of all. The Real Estate Data Aggregator counted just 0.9 months of supply, down 0.8 months from a year ago. The median sale price was $235,000, though that was down 18.1% from a year before. Only 7 homes were for sale, down 46.2%.

Rates are adding pressure for buyers

Mortgage rates are not helping buyers right now. Realtor.com reported that rates climbed above 7% for the first time since January 2025. Fannie Mae, as reported by CNBC, forecast the average 30-year fixed rate at 7.4% for the fourth quarter of 2026. That makes monthly payments bigger and budgets tighter.

The Federal Housing Finance Agency reported that U.S. house prices rose 2.6% from July 2025 to July 2026. Midland's own price moves vary a lot by ZIP code, as the numbers above show.

These are ZIP code numbers. One street can read very differently from the whole ZIP. If your home is on a block that has been moving faster or slower, the ZIP average will not tell you that. Text me your address and I can give you a closer look.