There are currently 39,531 real estate properties in Abilene, TX, with a median automated valuation model (AVM) price of $157,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Abilene, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Abilene, TX, is $182,158.00, with the most expensive house in Abilene, TX, topping out at $4,415,400.00 and the cheapest home in Abilene, TX, clocking in at $10,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Abilene, TX!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Abilene, TX, is on a rollercoaster ride. The average rent price in Abilene, TX, is $1,199.00. Indeed, when looking to rent in Abilene, TX, you can expect to pay as little as $500.00 or as much as $4,200.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Abilene, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Abilene, TX area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Abilene, TX and much more. Save thousands at closing with home foreclosure listings in Abilene, TX — up to 75% off market value!
Abilene is located in Taylor, Texas, with an estimated municipal population of 123,420 residents. All of the best foreclosed homes for sale in Abilene are located in the following zip code areas on Foreclosure.com: 79605 79699 79603 79601 79607 79606 79602 79604 79608 79697 79698. The estimated population per square kilometer (.62 miles) in Abilene is 446.
So, about how much do homes cost in Abilene? The most recent median value of resident-owned homes in Abilene is 118,441. An estimated 54 percent of households in Abilene own their homes, with an average family size of 3.19. The median household income in Abilene is 50,659, with19.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Abilene, the median commute time of resident workers (in minutes) is 15.3. And last, but certainly not least, are you looking for homes to rent in Abilene? If so, the average rent price paid by renters in Abilene is 924, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Abilene, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Abilene is 31.6, split between 51.3 percent male versus 48.7 female. The percentage of residents who report being married in Abilene is 42.8, with an average family size of 3.19.
The percentage of residents who report their race in Abilene is as follows:
|Black / African American||10.6%|
|American Indian / Alaskan Native||0.9%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Abilene? Or maybe you are searching for 55+ active adult communities in and/or near Abilene?
The percentage of residents who report their age in Abilene is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Abilene with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Abilene.
How do you know that living in -- or moving to -- Abilene is right where you need to be? Perhaps you grew up in Abilene or already live nearby; therefore, the decision to buy a home in Abilene is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Abilene for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Abilene:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Abilene.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Abilene can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Abilene, meanwhile, can field multiple offers from more qualified buyers.