The housing market in Abilene, TX is quite different from the overall US housing market. The median value of a house in Abilene is $173,400, which is significantly lower than the US median value of $338,100. However, over the past year there has still been a significant appreciation in home values with an increase of 7.07%, only slightly lower than the national average of 8.27%. This suggests that while Abilene may not have as high of property values as some other parts of the country, it is still a viable and affordable place to invest in real estate.
The median home cost in Abilene is $173,400. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Abilene is up 12.3%.
Average Age of Homes
- The median age of Abilene real estate is 46 years old
The Rental Market in Abilene
- Renters make up 39.5% of the Abilene population
- 2.0% of houses and apartments in Abilene, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.