The story of this market
The typical home in ZIP 79501 sells for about $285,000, or $169 per square foot.
Prices are up +20.2% from a year ago, so sellers still have some momentum. Homes take about 20 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,350 a month.
ZIP 79501 — Aspermont
The Abilene housing market is experiencing strong price appreciation, with a 20.2% year-over-year increase in median sale prices. High demand and limited inventory are driving competitive conditions, resulting in faster sales cycles compared to the previous year. The market remains attractive to buyers seeking affordability relative to larger Texas metros.
This area is well-suited for families and professionals seeking an affordable cost of living, proximity to local universities, and a stable, mid-sized city environment.
Median prices moved up 20.2% year over year.
Homes spend a median of 20 days on market with 6.5 months of supply — a fast-moving market.
13% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 14.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 79501, Taylor County TX
Crime trends in the Abilene area are generally stable, with localized variations typical of mid-sized Texas cities; specific ZIP-level data is not determinable.
The area is served by the Abilene Independent School District, which maintains a standard range of public educational offerings; specific school ratings vary by campus.
The region faces standard Texas climate risks, including wind and occasional severe weather; property insurance premiums are influenced by regional hazard exposure.
Economic momentum is driven by the presence of three universities and a stable base of regional employers in healthcare, education, and government.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Commute times are generally efficient, with a mean travel time to work of approximately 15.6 minutes for the broader Abilene area.
The area features access to local parks, community centers, and regional shopping districts within a short drive of the city center.
The rental market is currently balanced with a vacancy rate estimated at approximately 7.5 percent.
The economy is anchored by higher education, healthcare, and regional government services.
The area is served by a network of state highways and local roads, with limited public transit infrastructure.
Development is focused on infill and residential expansion on the city's periphery.
The Taylor County Appraisal District manages property assessments for the area.
Parcels are subject to school district, city, and county tax levies.
Property insurance markets are stable but sensitive to regional weather-related claims.
Data retrieved from Census Reporter and ACS 2024 profiles.
- Abilene Regional Airport4.126.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major local university and anchor institution.
Regional outdoor recreation area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.