HomeInsuranceQts

Home Insurance in Odessa, Texas

Homes in Odessa carry a median value of $223,100 - 11% higher than the Ector County median.

The typical home in Odessa was built around 1980. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 27% of homes were built before 1960, about 5 points above Ector County's 22%.

The housing stock in Odessa is 66% single-family homes, 25% apartments in buildings with 5+ units and 3% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.

About 54% of owner-occupied homes in Odessa have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

About 60% of occupied homes in Odessa are owner-occupied. The vacancy rate is 6%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.

54% of homes in Odessa are primarily heated with electricity.

Ector County had 1,027 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hail (Relatively High). See the full Ector County home insurance overview for all FEMA hazard ratings and flood coverage details.

According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Texas carries a statewide average premium of $2,864 per year.

This area lists 41 licensed insurance agencies.

Key figures

Median home value$223,100
Median year built1980
Owner-occupied share60%
Share of owner-occupied homes with a mortgage54%
Top county hazardHail (Relatively High)
Active NFIP policies in Ector County1,027
Home insurance premium$2,864 - statewide average (NAIC, 2023 data)
Key home insurance figures for Odessa, TX

Licensed insurance agencies in Odessa

Data source: Texas Department of Insurance - licensed agencies, https://data.texas.gov/d/3yqc-fcdt

Nearby towns

Sources

Data last updated: 2026-09-29