Abilene TX

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Abilene, TX 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 Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Abilene Housing Market Information

With a population of 123,420, 42,327 total housing units (homes and apartments), and a median house value of $127,502, 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 69.85% of the city's housing units. Other types of housing that are prevalent in Abilene include large apartment complexes or high rise apartments ( 15.73%), duplexes, homes converted to apartments or other small apartment buildings ( 8.51%), and a few mobile homes or trailers ( 3.11%).

The most prevalent building size and type in Abilene are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 48.16% owning and 51.84% renting.

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 40.98% of the city's housing hails from this era. Other housing ages represented in Abilene include homes built between 1970-1999 ( 38.64%) and housing constructed between 2000 and later ( 13.59%). There's also some housing in Abilene built before 1939 ( 6.78%).

Vacant housing appears to be an issue in Abilene. Fully 13.67% of the housing stock is classified as vacant. Left unchecked, vacant Abilene homes and apartments can be a drag on the real estate market, holding Abilene real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

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 35.50%, which ranks in the top 40% nationwide. This equates to an annual average Abilene house appreciation rate of 3.08%.

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 3.26%, 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 1.36%, which equates to an annual appreciation rate of 5.55%.

Relative to Texas, our data show that Abilene's latest annual appreciation rate is lower than 70% of the other cities and towns in Texas.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Abilene differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Abilene - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Abilene real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,181,000 0.3
$886,001 - $1,181,000 0.4
$591,001 - $886,000 0.5
$472,001 - $591,000 0.9
$354,001 - $472,000 1.9
$236,001 - $354,000 10.8
$118,001 - $236,000 35.7
$59,001 - $118,000 31.1
$0 - $59,000 18.4

Low for TX
Low for Nation

Value Relative to Nation Value Relative to State
72.6423357664234 61.4936954413191

Number Of Homes And Apartments:

Abilene Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
90.12% 3.14%
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,142 / per month

Homeownership Rate

Owners 48.16
Renters 51.84
Vacant 13.67

Housing Market Details


Age of Homes

2000 or Newer 13.6
1970 - 1999 38.6
1940 - 1969 41.0
1939 or Older 6.8

Types of Homes

Single-Family 69.8
Townhomes 2.7
Small Apt. Buildings 8.5
Apt. Complexes 15.7
Mobile Homes 3.1
Other 0.1

Home Size

No Bedroom 2.11
1 Bedroom 10.86
2 Bedrooms 25.64
3 Bedrooms 48.70
4 Bedrooms 11.11
5 or more bedrooms 1.58