Abilene, Texas May Market Statistics

Abilene, Texas Real Estate Market Update: May 2025

As we move further into 2025, the Abilene real estate market continues to show promising signs for both buyers and sellers. Whether you’re considering making a move or simply keeping an eye on local trends, here’s a comprehensive update on the key market statistics shaping Abilene’s housing landscape.

Median Price: $251,000

The median home price in Abilene increased this month to $251,000. This is the highest median sales price recorded since June 2022. This rise reflects a healthy demand for homes in the area, driven by Abilene’s strong community appeal and economic stability. For sellers, this means your property is likely to retain or increase its value, while buyers can feel confident investing in a market with upward momentum.

Active Listings: 505

Active listings in Abilene have stabilized around 505 homes available on the market. This inventory level provides buyers with a solid selection of properties without overwhelming competition. For sellers, it means your home needs good marketing to stand out in a saturated market.

Average Days on Market: 48 To Contract 88 Days to Closing

The average days on market for homes in Abilene this May was 48 days before getting a contract. That's 4 days less than May of 2024. This timeframe indicates a relatively brisk pace, suggesting that well-priced homes are attracting attention quickly. Buyers should be prepared to act decisively, while sellers can expect a smooth transaction process if they price their homes competitively. Adding in an average of 35 days to get to closing brings the total days on market to 83 days from listing to closing.

Closed Sales: 176
Closed sales have remained robust, with 176 homes sold in May. This level of activity demonstrates a dynamic market with eager buyers and sellers effectively completing transactions. It signifies a healthy economy and continuous community development in Abilene.

Months of Inventory: 3.6 Months

With approximately 3.6 months of inventory available, Abilene is experiencing a more balanced market. This means neither buyers nor sellers have a distinct advantage, creating a fair environment for negotiations. Buyers can take their time to find the right home, and sellers can expect reasonable offers without prolonged listing periods.

Price Distribution: Different Market Conditions at Higher Price Points

The Market in Abilene currently offers an entirely different experience for homes priced over $400,000. In May, 79.7% of the homes sold were between $100,000 and $399,999. Sellers in this price range are seeing homes sell at a quicker pace, with fewer concessions having to be made to get a deal done. Only 13.4% of homes sold in May were over $400,000. In this price range, Abilene is experiencing a higher inventory, so sellers are facing longer time on the market and having to offer more concessions to attract buyers to their home.

Looking Ahead

With the economic growth Abilene is seeing with Project Stargate and continued community investment, the real estate market is poised for continued stability and growth throughout 2025. Whether you’re buying your first home, upgrading, or selling, the current market conditions offer opportunities to achieve your real estate goals with confidence.

If you’re interested in learning more about how these trends impact your specific situation or want personalized guidance, feel free to reach out. At the Tonya Harbin Team, we're here to help you navigate the Abilene market with expertise and care.