Abilene, TX


Highest Appreciating Abilene Neighborhoods Since 2000

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 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 121,721, 42,348 total housing units (homes and apartments), and a median house value of $98,819, 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 70.35% of the city's housing units. Other types of housing that are prevalent in Abilene include large apartment complexes or high rise apartments ( 16.06%), duplexes, homes converted to apartments or other small apartment buildings ( 7.27%), and a few mobile homes or trailers ( 3.26%).

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 49.59% owning and 50.41% 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 40.21% of the city's housing hails from this era. Other housing ages represented in Abilene include homes built between 1970-1999 ( 39.79%) and housing constructed between 2000 and later ( 11.43%). There's also some housing in Abilene built before 1939 ( 8.56%).

Vacant housing appears to be an issue in Abilene. Fully 12.21% 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

In the last 10 years, Abilene has experienced some of the highest home appreciation rates of any community in the nation. Abilene real estate appreciated 15.27% over the last ten years, which is an average annual home appreciation rate of 1.43%, putting Abilene in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Abilene definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

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 0.88%, 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 -4.98%, which equates to an annual appreciation rate of -18.48%.

Notably, Abilene's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Texas, our data show that Abilene's latest annual appreciation rate is lower than 90% 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
> $1,091,000 0.1
$818,001 - $1,091,000 0.1
$545,001 - $818,000 0.3
$436,001 - $545,000 0.7
$327,001 - $436,000 1.8
$218,001 - $327,000 7.5
$109,001 - $218,000 32.4
$55,001 - $109,000 35.8
$0 - $55,000 21.3

Low for TX
Low for Nation

Value Relative to Nation Value Relative to State
78.3311848119067 66.147859922179

Number Of Homes And Apartments:

Abilene Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
56.76% 2.64% 3 7
* 10 is highest

Rent & Ownership


Average Market Rent:
$861 / per month

Homeownership Rate

Owners 49.59
Renters 50.41
Vacant 12.21

Housing Market Details


Age of Homes

2000 or Newer 11.4
1970 - 1999 39.8
1940 - 1969 40.2
1939 or Older 8.6

Types of Homes

Single-Family 70.3
Townhomes 3.0
Small Apt. Buildings 7.3
Apt. Complexes 16.1
Mobile Homes 3.3
Other 0.0

Home Size

No Bedroom 2.10
1 Bedroom 12.57
2 Bedrooms 27.28
3 Bedrooms 45.58
4 Bedrooms 10.96
5 or more bedrooms 1.50