79701 — Midland, TX Home Values
Typical home value $222,764 as of June 2026 · 6th of 6 in Midland, TX
Blue: typical home value (Zillow ZHVI) in ZIP code 79701, June 2021 to June 2026. This page shows observed data only; no forecast.
How 79701 compares in the Midland, TX area
ZIP code 79701 (Midland, TX) has a typical home value of $222,764 as of June 2026, ranking 6th of 6 ZIP codes tracked in the Midland, TX area, more expensive than about 17% of ZIP codes in the metro. Prices here have moved +2.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +16.8%, from $190,782 in June 2021 to $222,764 in June 2026. Against observed rent, the typical home here sells for 10.5× the annual rent ($1,760/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Midland, TX forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Midland.
Population and demographics
ZIP code 79701 has a population of 27,678, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 63.6% Hispanic or Latino, 23.1% White, 10.5% Black or African American, 2.2% two or more races, 0.3% American Indian or Alaska Native, and 0.3% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| SOUTH EL | 201 W DAKOTA AVE, MIDLAND, TX | 0.5 mi |
| MIDLAND H S | 906 W ILLINOIS AVE, MIDLAND, TX | 0.5 mi |
| MIDLAND ACADEMY CHARTER SCHOOL | 500 N BAIRD ST, MIDLAND, TX | 0.8 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 79701?
$222,764 as of June 2026, the latest month Zillow has published observed data for.
Is 79701 an expensive ZIP code in the Midland, TX area?
79701 ranks 6th of 6 ZIP codes in the Midland, TX area by typical home value, more expensive than about 17% of ZIP codes in the metro.
How much have home values in 79701 changed over the past year?
+2.9% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 79701?
The typical home price is 10.5× the observed annual rent in this ZIP code ($1,760/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 79701?
27,678, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 79701?
SOUTH EL (0.5 mi), MIDLAND H S (0.5 mi), MIDLAND ACADEMY CHARTER SCHOOL (0.8 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 79701?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Midland, TX forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.