Abilene, TX—79606
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 $282,000, with a year-over-year change of 2.3%. This indicates that home prices in Abilene, TX are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $282,000 | 2.3% |
| Single Family | $283,000 | 2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $214,000 | 3.9% |
3 Bed | $251,000 | 2.4% |
4 Bed | $374,000 | 3.3% |
| 5 Bed | $567,000 | 3.5% |
% of Housing Stock
Rental Trends — Abilene, TX
As of July '25, Rentcast reports the average rent in Abilene, TX is $2,130, with a year-over-year rent change of 14.5%. Per bedroom, the median rent as of July '25 in Abilene, TX is 1-bedrooms: $835, 2-bedrooms: $1,500, 3-bedrooms: $1,950, 4-bedrooms: $2,560. The most common rental property sizes in Abilene, TX are 2-bedroom and 1-bedroom, accounting for 38.2% and 30.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,130 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $830 | $835 |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | $1,900 | $1,950 |
| 4 Bed Rent | $2,500 | $2,560 |
% 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 72. This is a increase of 8.0% from last year, suggesting that homes are sitting on the market longer 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 | $427,000 | 17.0% |
Listing Count | 170 | -14.0% |
| Listings as % of Homes | 1.1% | -14.0% |
Days on Market | 72 | 8.0% |
Demographics — Abilene, TX
As of the latest ACS Survey released in 2023, Abilene, TX has a population of 29,400, which has increased by 16.4% over the past 5 years. Abilene, TX is a moderately popular place for families, as children make up 25.0% of the population. The area has a moderately educated workforce, with 38.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,400 | 16.4% |
% Under 18 | 25.0% | 0.0% |
% Seniors | 15.3% | -3.2% |
% WFH | 7.8% | 47.2% |
% w/ College Degree | 38.1% | 21.3% |
As of the latest ACS Survey released in 2023, Abilene, TX is a predominantly white area, with 69.2% of the population identifying as white. The white population has grown by 5.2% in the last 5 years. The second most common race or ethnicity in Abilene, TX is hispanic, making up 19.2% of the population. Foreign-born residents account for 7.4% of the population in Abilene, TX, and this percentage has decreased by 18.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 69.2% | 5.2% |
% Black | 5.8% | -27.5% |
% Hispanic | 19.2% | 0.0% |
% Asian | 3.8% | -24.0% |
% Foreign Born | 7.4% | -18.7% |
Mortgage and Risk — Abilene, TX
According to HUD data as of 2023, there were 565 mortgage originations in Abilene, TX, of which 55.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Abilene, TX. Investor activity is low, as 3.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 565 |
% Conventional Loans | 55.0% |
% Government Loans | 45.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Abilene, TX
As of 2024, the percent of homes in Abilene, TX under the Section 8 program is 3.0%. 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 units appear to be good home sizes to consider for Section 8 housing in Abilene, TX, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 184 |
Total Units Section 8 | 155 |
% Rentals under Section 8 | 3.0% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $830 | $1,010 |
| 2 Bedroom | -$220 | $1,500 | $1,280 |
| 3 Bedroom | -$230 | $1,900 | $1,670 |
| 4 Bedroom | -$490 | $2,500 | $2,010 |
Affordability — Abilene, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $282,000 |
| Median Household Income | $83,200 |