Real Estate Market

Last updated: September 2026

📈 12-Month Price Trend — Andrews

Median home price over the last 12 months. Source: Zillow Research.

📋 Market Summary

🏘️ Housing Profile

Source: US Census Bureau, American Community Survey 5-Year Estimates.

🗺️ Nearby County Comparison

🏠 Buying a Home in Andrews

Andrews, Texas offers a compelling entry point for homebuyers looking to plant roots in West Texas without the sticker shock found in larger metros. The median home price of $267,539 sits well within reach for many families, especially when measured against the area's median household income of $86,458. That income-to-price ratio — roughly 3:1 — is considered healthy by most financial benchmarks, meaning a significant portion of Andrews residents can realistically afford homeownership without stretching their budgets to the breaking point. This affordability factor is one of the most attractive qualities of the Andrews housing market and continues to draw buyers from more expensive Texas cities. Market conditions in Andrews reflect a level of stability that many buyers find reassuring. The fact that prices have held essentially flat with a 0.0% change compared to the previous month suggests the market is neither overheating nor experiencing a troubling downturn. For buyers, this kind of price steadiness creates an environment where careful decision-making is rewarded rather than punished by rapid market swings. You're unlikely to find yourself in a frenzied bidding war, but you're also unlikely to watch the value of your purchase erode shortly after closing. This balance makes Andrews a sensible choice for first-time buyers and seasoned investors alike. When preparing to buy in Andrews, a few practical tips can help you navigate the process successfully. Start by getting pre-approved for a mortgage before you begin seriously touring homes, as this positions you as a credible buyer and clarifies your true budget. Because inventory data fluctuates in smaller West Texas markets, working with a local real estate agent who knows Andrews neighborhoods intimately can be invaluable — they'll often know about properties before they're widely listed. It's also worth factoring in costs specific to the region, such as wind and hail insurance common across the Permian Basin, and budgeting for potential well and septic maintenance if you're looking at properties on the outskirts of town. What ultimately makes Andrews attractive as a place to buy goes beyond the numbers. Andrews is the seat of Andrews County and serves as a genuine community hub for the surrounding region, offering schools, healthcare, dining, and civic life in a compact, navigable setting. The energy sector, particularly oil and gas activity tied to the Permian Basin, has long provided economic stability to the area, giving residents a sense of job security that supports confident homeownership decisions. The high homeownership rate of 72.5% speaks volumes — this is a community where people choose to invest and stay, and the pride-of-ownership culture that comes with that statistic is visible in well-maintained neighborhoods throughout the city. For buyers seeking affordability, stability, and authentic small-town Texas character, Andrews deserves serious consideration.

🏢 Renting in Andrews

The rental market in Andrews, Texas provides a practical and affordable option for those not yet ready to commit to purchasing a home. With a median monthly rent of $1,345, Andrews sits at a price point that allows renters to maintain a reasonable standard of living while still having room in their budgets for savings, transportation, and other daily expenses. This rental rate reflects the broader affordability of the Andrews economy and stands in stark contrast to the sky-high rents found in Texas cities like Austin, Dallas, or even Midland and Odessa during peak energy booms. Renters in Andrews benefit from a market that has historically remained grounded, largely insulated from the speculative pricing pressures that distort housing costs in higher-profile Texas metros. What does $1,345 per month actually get you in Andrews? Quite a bit by Texas standards. Renters at this price point can typically expect a well-maintained two- or three-bedroom home or apartment with standard West Texas amenities — covered parking, yards in many cases, and access to the community feel that defines life in a smaller city. Andrews doesn't have sprawling luxury apartment complexes, but it does have a solid stock of single-family rental homes that give tenants more space and privacy than equivalent-priced apartments in urban markets. Proximity to schools, local parks, and downtown Andrews is generally easy to achieve regardless of where you rent within the city, making location decisions less stressful than in larger, more spread-out communities. For those weighing whether to rent or buy in Andrews, the math is worth examining closely. At $1,345 per month in rent, you're spending approximately $16,140 per year on housing without building any equity. By contrast, a mortgage on a median-priced $267,539 home — assuming a conventional 30-year loan with 20% down and current interest rates — could result in a monthly payment in a comparable or slightly higher range, but one that builds ownership stake over time. Given the 72.5% homeownership rate in Andrews, it's clear that a large portion of the community has already made the leap to buying, suggesting local confidence in the market's long-term value. Renting still makes sense for newcomers to the area, those with uncertain employment timelines, or anyone needing flexibility — but for anyone planning to stay in Andrews for three or more years, the case for buying is genuinely strong.

📖 Andrews Real Estate Market History

Andrews, Texas has always been deeply intertwined with the energy industry, and that relationship has shaped its real estate market in fundamental ways. The discovery of oil in the Permian Basin during the 1920s and 1930s set the stage for Andrews County's economic identity, and by mid-century the community was firmly established as a service and residential hub for petroleum workers and their families. Real estate development during those decades followed the classic West Texas boomtown pattern — modest homes built quickly to house a growing workforce, with values tied closely to the rhythms of oil prices and drilling activity. Unlike some neighboring Permian communities that grew explosively and then contracted, Andrews developed a more measured economic base that helped its housing market maintain relative consistency over the long term. The major employers anchoring Andrews have historically been the oil and gas sector, Andrews Independent School District, and Andrews County government and healthcare facilities. The presence of stable public-sector employment alongside energy industry jobs has given the Andrews economy a kind of built-in resilience — when energy prices dip, the school system and county services continue to employ residents and sustain housing demand. Pioneer Natural Resources, various oilfield service companies, and agricultural operations tied to the region's cattle ranching tradition have all contributed to a diverse enough employment base to prevent the most extreme boom-and-bust cycles seen in communities with fewer economic anchors. This employer diversity has made Andrews a more predictable real estate market than its purely oil-dependent neighbors. Over recent decades, the Andrews real estate market has evolved from a collection of modest mid-century housing stock into a more varied landscape that includes newer subdivisions, updated infrastructure, and homes reflecting modern buyer expectations. The Permian Basin energy renaissance of the 2010s, driven by hydraulic fracturing technology, brought renewed economic activity and population interest to the broader region, pushing property values upward from historically low baselines. Andrews benefited from this regional lift while managing to retain more affordability than Midland or Odessa, which experienced more dramatic price spikes. Today, the median home price of $267,539 represents a market that has matured — no longer the rock-bottom prices of earlier generations, but still meaningfully affordable by Texas and national standards, reflecting a community that has grown steadily rather than lurching through cycles of excess.

❓ Frequently Asked Questions

🔍 Browse Listings

Data sourced from Zillow Research and Redfin Data Center. Updated monthly.