Abilene, KS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Abilene Neighborhoods Since 2000




Abilene, KS Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Abilene Housing Market Information

With a population of 6,558, 2,829 total housing units (homes and apartments), and a median house value of $119,298, house prices in Abilene are solidly below the national average.

Single-family detached homes are the single most common housing type in Abilene, accounting for 77.34% of the city's housing units. Other types of housing that are prevalent in Abilene include large apartment complexes or high rise apartments ( 8.94%), duplexes, homes converted to apartments or other small apartment buildings ( 7.02%), and a few mobile homes or trailers ( 3.99%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Abilene. Owner-occupied housing accounts for 66.51% of Abilene's homes, and 53.30% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Abilene's housing was primarily built during this period, from the '40s through the '60s. A full 35.30% of the city's housing hails from this era. Other housing ages represented in Abilene include homes built between 1970-1999 ( 30.13%) and housing constructed before 1939 ( 29.33%). There's also some housing in Abilene built between 2000 and later ( 5.23%).

Abilene Home Appreciation Rates

Appreciation rates for homes in Abilene have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 1.55%, which ranks in the top 50% nationwide. This equates to an annual average Abilene house appreciation rate of 0.15%.

Over the last year, Abilene appreciation rates have trailed the rest of the nation. In the last twelve months, Abilene's appreciation rate has been 0.24%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Abilene were at 1.04%, which equates to an annual appreciation rate of 4.23%.

Relative to Kansas, our data show that Abilene's latest annual appreciation rate is lower than 90% of the other cities and towns in Kansas.

Average Home Values

 

Median Home Value:
$119,298

Abilene, KS HOME PRICES

Value Range
> $1,007,000 0.0
$755,001 - $1,007,000 0.0
$504,001 - $755,000 0.3
$403,001 - $504,000 1.4
$302,001 - $403,000 2.7
$201,001 - $302,000 15.9
$101,001 - $201,000 40.1
$50,001 - $101,000 30.5
$0 - $50,000 9.1

High for KS
Low for Nation

Value Relative to Nation Value Relative to State
65.8150709012071 38.6524822695035

Number Of Homes And Apartments:
2,829

Abilene Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
KS*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
37.70% 1.87% 4 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$644 / per month

Homeownership Rate

Homeownership
Owners 66.51
Renters 33.49
Vacant 9.70

Housing Market Details

 

Age of Homes

AGE OF Abilene HOMES
2000 or Newer 5.2
1970 - 1999 30.1
1940 - 1969 35.3
1939 or Older 29.3

Types of Homes

TYPE OF Abilene HOMES
Single-Family 77.3
Townhomes 2.7
Small Apt. Buildings 7.0
Apt. Complexes 8.9
Mobile Homes 4.0
Other 0.0

Home Size

SIZE OF Abilene HOMES
No Bedroom 5.59
1 Bedroom 10.60
2 Bedrooms 27.03
3 Bedrooms 36.80
4 Bedrooms 16.50
5 or more bedrooms 3.48

Popular Neighborhoods in Abilene

Popular Communities Near Abilene, KS

Zip Codes in Abilene, KS