Abilene, TX—79605
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 $161,000, with a year-over-year change of 0.1%. This indicates that home prices in Abilene, TX are flat. 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 | $161,000 | 0.1% |
| Single Family | $162,000 | 0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $120,000 | -3.2% |
3 Bed | $178,000 | 1.7% |
4 Bed | $252,000 | 2.0% |
| 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 $1,420, with a year-over-year rent change of 17.4%. Per bedroom, the median rent as of July '25 in Abilene, TX is 1-bedrooms: $918, 2-bedrooms: $1,160, 3-bedrooms: $1,590, 4-bedrooms: $2,170. The most common rental property sizes in Abilene, TX are 2-bedroom and 3-bedroom, accounting for 43.4% and 31.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,420 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $918 |
| 2 Bed Rent | $1,200 | $1,160 |
| 3 Bed Rent | $1,600 | $1,590 |
| 4 Bed Rent | $1,720 | $2,170 |
% 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 61. This is a decrease of -7.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $218,000 | 12.0% |
Listing Count | 92 | -33.0% |
| Listings as % of Homes | 0.7% | -33.0% |
Days on Market | 61 | -7.0% |
Demographics — Abilene, TX
As of the latest ACS Survey released in 2023, Abilene, TX has a population of 28,300, which has decreased by -4.7% over the past 5 years. Abilene, TX is a moderately popular place for families, as children make up 23.2% of the population. The area has a moderately educated workforce, with 25.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,300 | -4.7% |
% Under 18 | 23.2% | 0.0% |
% Seniors | 15.8% | 8.2% |
% WFH | 8.6% | 22.9% |
% w/ College Degree | 25.0% | 16.8% |
As of the latest ACS Survey released in 2023, Abilene, TX is a predominantly white area, with 62.8% of the population identifying as white. The white population has shrunk by 4.6% in the last 5 years. The second most common race or ethnicity in Abilene, TX is hispanic, making up 22.3% of the population. Foreign-born residents account for 6.3% of the population in Abilene, TX, and this percentage has increased by 80.0% 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 | 62.8% | -4.6% |
% Black | 8.8% | 14.3% |
% Hispanic | 22.3% | -2.2% |
% Asian | 1.8% | 5.9% |
% Foreign Born | 6.3% | 80.0% |
Mortgage and Risk — Abilene, TX
According to HUD data as of 2023, there were 433 mortgage originations in Abilene, TX, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Abilene, TX. Investor activity is low, as 10.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 433 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 10.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Abilene, TX
As of 2024, the percent of homes in Abilene, TX under the Section 8 program is 9.7%. 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. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Abilene, TX, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 470 |
Total Units Section 8 | 470 |
% Rentals under Section 8 | 9.7% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $110 | $850 | $960 |
| 2 Bedroom | $20 | $1,200 | $1,220 |
| 3 Bedroom | -$10 | $1,600 | $1,590 |
| 4 Bedroom | $200 | $1,720 | $1,920 |
Affordability — Abilene, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $161,000 |
| Median Household Income | $59,600 |