The 2007–08 Old Dominion Monarchs basketball team represented Old Dominion University in National Collegiate Athletic Association (NCAA) Division I men's basketball during the 2007–08 season.

Playing in the Colonial Athletic Association (CAA) and led by seventh-year head coach Blaine Taylor, the Monarchs finished the season with a 18–16 overall record (11–7 CAA).

After finishing fourth in the CAA regular season standings, Old Dominion lost to the William & Mary Tribe in the CAA Tournament quarterfinal.

Despite an unsuccessful conference postseason, ODU secured a bid to the 2008 College Basketball Invitational.

3 seed Rider in the opening round and lost to Virginia in the quarterfinals.