Odessa, MO housing market
The typical Odessa home is worth about $263,000, up 7.7% in a year, close to the Missouri typical home. Homes typically sell in 48 days.
Home values, sales, trends and how Odessa compares with the towns next door — updated as new data is published.
Odessa at a glance
A seller's market
Supply is tight — about 2 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Odessa | Missouri |
|---|---|---|
| 2017 | $123,000 | $148,000 |
| 2018 | $128,000 | $156,000 |
| 2019 | $140,000 | $165,000 |
| 2020 | $150,000 | $173,000 |
| 2021 | $169,000 | $193,000 |
| 2022 | $196,000 | $219,000 |
| 2023 | $211,000 | $237,000 |
| 2024 | $226,000 | $247,000 |
| 2025 | $237,000 | $258,000 |
| 2026 | $254,000 | $263,000 |
| August 2026 | $263,000 | $268,000 |
23 new homes permitted in 2025
Builders were permitted 23 new homes in Odessa in 2025: 9 single-family houses and 14 in buildings with two or more homes, worth about $3.3 million to build. That's 4.1 per 1,000 residents, about the pace of Missouri as a whole. Over the past 10 years, Odessa has permitted 158 homes in all.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 26 | 6 | 20 | $2.7 million |
| 2025 | 23 | 9 | 14 | $3.3 million |
| 2024 | 32 | 4 | 28 | $3 million |
| 2023 | 14 | 14 | 0 | $3.7 million |
| 2022 | 11 | 11 | 0 | $2 million |
| 2021 | 29 | 23 | 6 | $4 million |
| 2020 | 11 | 11 | 0 | $1.6 million |
| 2019 | 11 | 11 | 0 | $1.7 million |
| 2018 | 12 | 12 | 0 | $1.8 million |
| 2017 | 9 | 9 | 0 | $1.2 million |
| 2016 | 6 | 6 | 0 | $953,000 |
| 2015 | 3 | 3 | 0 | $604,000 |
| 2014 | 6 | 6 | 0 | $1.2 million |
| 2013 | 4 | 4 | 0 | $788,000 |
How Odessa ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
2.6 years of income
The typical Odessa home costs about 2.6 years of the town's median household income, less than across Missouri (3.8 years).
How Odessa ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,070
HUD's Fair Market Rent for a two-bedroom in Odessa is $1,070 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Odessa pay a median of $1,063. A two-bedroom takes about 13% of the town's median household income.
Studio $870 · 4 bedrooms $1,670
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (64076; Kansas City, MO-KS HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.