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Odessa

Learn about the people, housing, costs and businesses in Odessa, Delaware

Median Home$439,200
Median Rent$890/month
Population405
Leading IndustriesHealthcare · Transportation · Education13% healthcare
Home Value Growth⬆⬆+11.8% over 2 years
Retirees22% of residentsnear the national average
Homeowners81% of occupied units
NotableHigh Incomes$143k/year · top 5% nationally
Odessa
DE

Frequently Asked Questions

What are today's mortgage rates in Odessa?

As of today, the 30-year fixed mortgage rate for Odessa is approximately 6.844% (6.878% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Odessa?

The median home value in Odessa is $439k. The median monthly rent is $890. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Odessa?

Home values in Odessa have increased 11.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Odessa?

Based on a typical all-in ownership cost of $1,966/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $84k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Odessa is $143k/year.

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What industries drive the economy in Odessa?

The largest employment sectors in Odessa are public administration (23%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.