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Abilene, TX Housing Market

The Abilene housing market is somewhat competitive. Homes in Abilene receive N/A offers on average and sell in around 60 days. The median sale price of a home in Abilene was $216K last month, -4.2% since last year.

Abilene Market Trends

It’s still a good market to sell in Abilene.

Even though the market has shifted across the U.S., Abilene is still a good market to sell your home.

-4.2%
The average home value in Abilene has dropped slightly by -4.2%.
$216K
The median sale price for a home in Abilene has remained strong at $216K.

Abilene Real Estate

Learn more about the Abilene market

In the last 30 days, homes for sale in Abilene, TX sold for a median price of $216K, -4.2% compared to the same period last year. The median price per square foot was $140, -0.71% year-over-year. There were 125 homes sold, down from 561 last year. Homes typically received N/A offers and stayed on the market for around 60 days.

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Texas Acquisition Manager

Meet our Abilene Expert, Andy

Andy will help you get the best offer in Abilene with no repairs or showings.

By requesting and offer you're confirming that you agree with our Terms and Conditions.
Offer Requested!

Selling Your Home in Abilene, TX: A Comprehensive Guide to Maximizing Your Profit

Selling a home is a significant endeavor, especially if you're aiming to make top dollar. Abilene, TX, offers unique opportunities to do just that, thanks to its stable local economy and active real estate market. This guide will help you navigate the current market trends, recommend strategic upgrades, and suggest a hassle-free alternative to traditional selling methods.

Current Real Estate Trends in Abilene

Understanding the local real estate market dynamics is crucial for any home seller. As of late 2023, Abilene has become a buyer's market, with 561 homes currently listed and 125 sold per recent reports. The median sale price in Abilene hovers around $216,000, slightly down by 4.2% year-over-year, with a median sale per square foot at $140. Homes spend an average of 60 days on the market.

Interest rates have risen, affecting affordability and slowing down buyer readiness. However, Abilene's economy remains robust, driven by institutions like Dyess Air Force Base. This stability provides sellers with a reliable buyer pool, despite broader economic challenges.

Home Upgrades to Boost Property Value

Before listing your home, consider making strategic improvements that enhance its appeal and offer a solid return on investment (ROI). Here's how you can increase your property's value:

  • Kitchen Remodel: A minor update can be both affordable and effective, with potential ROIs of 70-80%. Consider modernizing your countertops or cabinets for a fresh, appealing look.
  • Bathroom Remodel: Even modest updates to fixtures and lighting can boost a bathroom’s allure and yield a 60-70% ROI.
  • Deck Addition: Adding outdoor living space capitalizes on Abilene’s pleasant weather, potentially offering a 65-75% ROI.
  • Energy-Efficient Upgrades: Eco-friendly improvements reduce utility costs and can pay off with an ROI of 60-80%. Think energy-efficient windows and doors.
  • Curb Appeal Enhancements: First impressions count! New siding, a fresh coat of paint, or garage door replacements are excellent investments, potentially returning up to 95% ROI.

Alternative Selling Method: Skipping Renovations with Frontdoor

If you're looking to sell without the hassle of renovations, consider selling directly to companies like Frontdoor. They offer cash purchases, allowing you to forego lengthy upgrades and avoid the traditional listing process. This route not only saves money on renovations but also ensures a quicker sale, which is advantageous if you're pressed for time.

Final Thoughts

Selling your home in Abilene, TX, requires a grasp of the local market, strategic upgrades, and sometimes thinking outside the traditional real estate box. Whether you decide to invest in value-boosting renovations or opt for a direct sale to Frontdoor, keeping informed and prepared will make the journey smoother and more profitable.

Ultimately, your primary goal is to present a property that appeals to buyers, aligns with market conditions, and reflects your desired selling price. Good luck with your selling journey!

Request your custom offer today

Get an offer from Frontdoor and skip the hassle of renovations in Abilene.

By requesting and offer you're confirming that you agree with our Terms and Conditions.
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Sell your Abilene home

Request a competitive offer

Step 1

1. Share Unique Details About Your Home

Start by listing the special features of your home. What makes it stand out? Think about things like a big backyard, renovated kitchen, or a cool basement. These unique details can make a difference in the offer you receive from Frontdoor.

Step 2

2. Compare to Other Homes in Your Neighborhood

Look at homes nearby to see how yours stacks up. Check out the prices of recently sold houses and current listings. This will help you understand your home's value better and make sure it's priced just right when selling.

Step 3

3. Speak to an Abilene Market Expert

Consult with a local real estate expert who knows Abilene well. They can give you insights into market trends and help you set the best price. Frontdoor uses this local knowledge to make quick offers, so it's important to get an expert's advice.

Comparison

Why you’ll love working with us

Let’s compare the sale of a $550,000 home in Abilene, TX.

                                                                                                                                                                                                                                                                                                                                           
Traditional SaleFrontdoor
Commission & Fees$33,000$0
Closing Costs$8,400$0
We pay all costs
Repair Costs$24,750$0
We pay all costs
Days on Market25 DaysImmediate Offer
Total SavingsSave $66,150

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