The housing situation in 79607 Abilene, TX is quite favorable. According to the data, the median value of a house in 79607 Abilene, TX is $547,100 which is significantly higher than the national median value of $338,100. Additionally, this area has experienced a 1 year appreciation rate of 7.07%, which is lower than the national average of 8.27%. This suggests that housing prices are not increasing too rapidly in the area and buyers can expect to find affordable prices with moderate appreciation.
The median home cost in Abilene (zip 79607) is $547,100. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Abilene (zip 79607) is up 12.3%.
Average Age of Homes
- The median age of Abilene (zip 79607) real estate is 17 years old
The Rental Market in Abilene (zip 79607)
- Renters make up 98.7% of the Abilene (zip 79607) population
- 2.2% of houses and apartments in Abilene (zip 79607), 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.