Abilene, TX—79601
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Abilene, TX
As of Oct '25, the median home price in Abilene, TX is $191,000, with a year-over-year change of 1.7%. This indicates that home prices in Abilene, TX are increasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $191,000 | 1.7% |
| Single Family | $192,000 | 2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $93,000 | -3.1% |
2 Bed | $117,000 | 1.7% |
3 Bed | $225,000 | 2.7% |
4 Bed | $282,000 | 2.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Abilene, TX
As of July '25, Rentcast reports the average rent in Abilene, TX is $1,370, with a year-over-year rent change of 16.1%. Per bedroom, the median rent as of July '25 in Abilene, TX is 1-bedrooms: $951, 2-bedrooms: $1,140, 3-bedrooms: $1,610, 4-bedrooms: $1,940. The most common rental property sizes in Abilene, TX are 2-bedroom and 1-bedroom, accounting for 40.3% and 25.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,370 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $875 | $951 |
| 2 Bed Rent | $1,100 | $1,140 |
| 3 Bed Rent | $1,500 | $1,610 |
| 4 Bed Rent | $2,000 | $1,940 |
% of Rental Stock
Property Listings — Abilene, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Abilene, TX is 48. This is a decrease of -31.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $302,000 | 16.0% |
Listing Count | 88 | 1.0% |
| Listings as % of Homes | 0.7% | 1.0% |
Days on Market | 48 | -31.0% |
Demographics — Abilene, TX
As of the latest ACS Survey released in 2023, Abilene, TX has a population of 26,900, which has decreased by -1.7% over the past 5 years. Abilene, TX is a moderately popular place for families, as children make up 15.6% of the population. The area has a poorly educated workforce, with 21.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,900 | -1.7% |
% Under 18 | 15.6% | 25.8% |
% Seniors | 10.2% | -15.7% |
% WFH | 7.2% | 33.3% |
% w/ College Degree | 21.0% | 22.1% |
As of the latest ACS Survey released in 2023, Abilene, TX is a predominantly white area, with 55.3% of the population identifying as white. The white population has grown by 2.2% in the last 5 years. The second most common race or ethnicity in Abilene, TX is hispanic, making up 24.7% of the population. Foreign-born residents account for 7.4% of the population in Abilene, TX, and this percentage has increased by 29.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 55.3% | 2.2% |
% Black | 13.8% | -9.2% |
% Hispanic | 24.7% | -0.8% |
% Asian | 2.9% | 81.2% |
% Foreign Born | 7.4% | 29.8% |
Mortgage and Risk — Abilene, TX
According to HUD data as of 2023, there were 254 mortgage originations in Abilene, TX, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Abilene, TX. Investor activity is low, as 8.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 254 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 8.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Abilene, TX
As of 2024, the percent of homes in Abilene, TX under the Section 8 program is 7.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Abilene, TX, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 414 |
Total Units Section 8 | 364 |
% Rentals under Section 8 | 7.9% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$35 | $875 | $840 |
| 2 Bedroom | -$30 | $1,100 | $1,070 |
| 3 Bedroom | -$100 | $1,500 | $1,400 |
| 4 Bedroom | -$310 | $2,000 | $1,690 |
Affordability — Abilene, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $191,000 |
| Median Household Income | $54,500 |