79706 — Midland, TX Home Values
Typical home value $383,385 as of June 2026 · 2nd of 6 in Midland, TX
Blue: typical home value (Zillow ZHVI) in ZIP code 79706, June 2021 to June 2026. This page shows observed data only; no forecast.
How 79706 compares in the Midland, TX area
ZIP code 79706 (Midland, TX) has a typical home value of $383,385 as of June 2026, ranking 2nd of 6 ZIP codes tracked in the Midland, TX area, more expensive than about 83% of ZIP codes in the metro. Prices here have moved +1.1% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +12.0%, from $342,395 in June 2021 to $383,385 in June 2026. Against observed rent, the typical home here sells for 14.1× the annual rent ($2,258/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 79706 has a population of 32,605, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 53% Hispanic or Latino, 40.5% White, 3.1% Black or African American, 2% two or more races, and 1.3% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| IDEA TRAVIS ACADEMY | 900 E GIST AVE, MIDLAND, TX | 10.7 mi |
| MIDLAND FRESHMAN H S | 100 E GIST AVE, MIDLAND, TX | 11 mi |
| RALPH BUNCHE EL | 700 S JACKSON ST, MIDLAND, TX | 11.2 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 79706?
$383,385 as of June 2026, the latest month Zillow has published observed data for.
Is 79706 an expensive ZIP code in the Midland, TX area?
79706 ranks 2nd of 6 ZIP codes in the Midland, TX area by typical home value, more expensive than about 83% of ZIP codes in the metro.
How much have home values in 79706 changed over the past year?
+1.1% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 79706?
The typical home price is 14.1× the observed annual rent in this ZIP code ($2,258/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 79706?
32,605, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 79706?
IDEA TRAVIS ACADEMY (10.7 mi), MIDLAND FRESHMAN H S (11 mi), RALPH BUNCHE EL (11.2 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 79706?
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.