Why Live in Permian Estates
Permian Estates is an established neighborhood on Midland’s west side. It’s near industrial areas and major highways that lead throughout the city and the state, making it a practical choice for those wanting a home in a convenient location. “I think there is a lot of energy here,” says Realtor Daina Perkins with eXp Realty, who was born and raised in Midland. “A lot of young families, couples and singles are moving here for work.” Plus, the neighborhood is near parks, everyday amenities and schools, ensuring residents are a short drive from anything they may need. Along the neighborhood’s curving street pattern, single-story homes sit on grassy lots. With most properties built in the 1950s, this established neighborhood of ranch-style houses offers buyers mature, shady trees and landscaped yards. Prices typically range from about $100,000 to $280,000, depending on the size, age and condition. On the east end of Permian Estates, Garrett-Brown Park is a grassy green space within walking distance of some homes. Here, kids can run around the playground while their parents walk on paved paths, teenagers can play games of pick-up basketball on the two courts and friends can picnic on
Home Trends in Permian Estates, TX
On average, homes in Permian Estates, Midland sell after 68 days on the market compared to the national average of 51 days. The median sale price for homes in Permian Estates, Midland over the last 12 months is $199,000, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$199,000
Median Single Family Sale Price
$215,500
Average Price Per Sq Ft
$154
Number of Homes for Sale
13
Last 12 months Home Sales
27
Median List Price
$219,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
8%