79503
Abilene, Texas
Abilene 79503 needs watching.
The 79503 ZIP code in Abilene, Texas has a median sale price of $16K, down N/A year-over-year. Homes spend an average of 138 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 27 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 79503.
ZIP code 79503 in Abilene shows significant distress signals with a median sale price of $16,100 and properties averaging 138 days on market as of November 2013. The year-over-year price trend remains flat, indicating neither appreciation nor further decline from already depressed levels. With zero homes selling above list price, buyer leverage dominates every transaction, and the market operates with substantial friction despite rock-bottom pricing.
This environment favors cash investors with renovation capacity and extended hold horizons, particularly those targeting deep-value plays where the $16,100 entry point suggests foreclosure or severely distressed inventory. Traditional owner-occupant buyers face financing challenges at these price levels, as most lenders impose minimum loan amounts. Sellers in this ZIP face prolonged marketing periods and should expect below-list offers, making this a capitulation market for those needing liquidity.
The PropIQ score of 27 signals serious caution, reflecting weak fundamentals that typically precede either protracted stagnation or further deterioration. At 138 days on market, inventory absorption remains problematic despite minimal pricing. Observers should monitor foreclosure filing rates and employment data in Abilene, as recovery from these levels requires demand catalysts beyond current market evidence. Price stability without velocity indicates a floor, but not necessarily a foundation for recovery.
What is the median home price in 79503 Abilene?
The median sale price in 79503 is $16K, down N/A year-over-year as of 2013-11-30.
How long do homes stay on the market in Abilene 79503?
Homes in 79503 Abilene spend an average of 138 days on market before going under contract.
Is Abilene 79503 a good place to invest in real estate?
Folio's PropIQ™ score for 79503 is 27/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 27 mean for 79503?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 27 = Caution in 79503 Abilene, Texas.