SIALIMStatistical Intelligence for America's Local Investment Markets

79707 — Midland, TX Home Values

Typical home value $418,632 as of August 2026 · 1st of 6 in Midland, TX

Typical value — August 2026
$418,632
observed, not a forecast
Past 12 months
+1.4%
trailing year-over-year change
Past 5 years
+16.6%
August 2021 to August 2026
Rank in metro
1st
of 6 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 79707, August 2021 to August 2026. This page shows observed data only; no forecast.

How 79707 compares in the Midland, TX area

ZIP code 79707 (Midland, TX) has a typical home value of $418,632 as of August 2026, ranking 1st of 6 ZIP codes tracked in the Midland, TX area, the most expensive ZIP code in the metro. Prices here have moved +1.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +16.6%, from $358,906 in August 2021 to $418,632 in August 2026. Against observed rent, the typical home here sells for 23.3× the annual rent ($1,495/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 79707 has a population of 39,881, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 54.9% White, 31.3% Hispanic or Latino, 6.1% Black or African American, 4.6% Asian, 2.7% two or more races, 0.2% American Indian or Alaska Native, and 0.1% Native Hawaiian or Pacific Islander.

Nearby public schools

SchoolAddressDistance
BARBARA FASKEN EL5806 VAL VERDE, MIDLAND, TX1.4 mi
GREATHOUSE EL5107 GREATHOUSE AVE, MIDLAND, TX2.2 mi
ABELL J H3201 HERITAGE BLVD, MIDLAND, TX2.8 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 79707?

$418,632 as of August 2026, the latest month Zillow has published observed data for.

Is 79707 an expensive ZIP code in the Midland, TX area?

79707 ranks 1st of 6 ZIP codes in the Midland, TX area by typical home value, the most expensive ZIP code in the metro.

How much have home values in 79707 changed over the past year?

+1.4% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 79707?

The typical home price is 23.3× the observed annual rent in this ZIP code ($1,495/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 79707?

39,881, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 79707?

BARBARA FASKEN EL (1.4 mi), GREATHOUSE EL (2.2 mi), ABELL J H (2.8 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 79707?

No. Every number on this page is observed Zillow data as of August 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.