Metro area index
Home appreciation in the Midland, TX metro area
FHFA HPI® data shows the Midland, TX metro area's all-transactions index changed +4.1% over the year to Q2 2026, versus +1.6% for Texas and +3.0% for the U.S. That ranks 153rd of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +4.1%
- 5-year change
- +27.5%
- Since Q1 1995
- +389%
- Metro rank (1 year)
- 153rd
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Midland, TX vs Texas and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Midland, TX: 488.8
- Texas: 409.6
- United States: 391.6
Appreciation by time window
| Window | Metro | TX | U.S. | Gap vs TX | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +4.1% | +1.6% | +3.0% | +2.5 pts | +1.1 pts |
| 3 years | +14.7% | +6.2% | +12.9% | +8.5 pts | +1.8 pts |
| 5 years | +27.5% | +34.4% | +41.3% | −6.8 pts | −13.8 pts |
| 10 years | +66.8% | +87.1% | +93.3% | −20.3 pts | −26.5 pts |
| Since Q1 1995 | +389% | +310% | +292% | +79.2 pts | +97.2 pts |
3-digit ZIP regions in the Midland, TX area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 797 · Midland, TX area | TX | +3.4% | +27.0% | +361% | 37% |
Boom, bust, and recovery in Midland, TX area
Midland, TX area's index peaked in Q4 2008, fell 4.1% to its low in Q1 2010, and regained its peak in Q3 2011, about 2.8 years after the top. Today it sits +120% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q4 2008 | Q1 2010 | -4.1% | Q3 2011 (2.8 yrs) | +120% |
| TX | Q1 2009 | Q2 2011 | -4.2% | Q2 2013 (4.2 yrs) | +134% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Midland, TX area's index has changed +121% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | TX after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | +0.2% | -2.2% | -0.8% |
| 3 years | +9.8% | +4.4% | -3.3% | +2.8% |
| 5 years | +24.0% | +2.8% | +8.3% | +13.9% |
| 10 years | +39.1% | +19.9% | +34.5% | +39.0% |
| Since Q1 1995 | +121% | +121% | +85.0% | +76.8% |
If you bought in the Midland, TX area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +382% | $1,444,984 |
| Q2 2000 | +335% | $1,305,645 |
| Q2 2005 | +245% | $1,034,476 |
| Q2 2010 | +124% | $672,246 |
| Q2 2015 | +65.4% | $496,317 |
| Q2 2020 | +30.7% | $391,994 |
| Q2 2021 | +27.5% | $382,535 |
| Q2 2023 | +14.7% | $344,000 |
| Q2 2025 | +4.1% | $312,259 |
Frequently asked questions
- How much have home prices risen in the Midland, TX area?
- FHFA HPI® data for the Midland, TX metro area shows changes of +4.1% over one year, +27.5% over five years, and +66.8% over ten years to Q2 2026, and +389% since Q1 1995.
- Is the Midland, TX area beating the national average?
- Over the past year the metro's index moved +1.1 pts versus the U.S.; over five years the gap is −13.8 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.