79607
Abilene, Texas
Abilene 79607 needs watching.
The 79607 ZIP code in Abilene, Texas has a median sale price of $174K, down N/A year-over-year. Homes spend an average of 66 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 79607.
The 79607 ZIP code in Abilene shows a stalled market with a median sale price of $174,000 holding flat year-over-year through February 2020. Properties are averaging 66 days on market, indicating moderate absorption rates, while zero percent of homes are selling above list price—a clear signal of absent buyer competition. This pricing environment reflects a market where sellers hold limited leverage and negotiations favor those with capital in hand.
Price-conscious buyers face minimal competition in this environment, with the 66-day marketing period providing ample time for due diligence and inspection contingencies. The complete absence of above-list transactions creates room for offer negotiations below asking price. Traditional investors seeking cash flow over appreciation may find value here, provided rental demand fundamentals support the $174,000 basis, though the flat price trajectory offers no equity growth tailwind for fix-and-flip strategies.
The PropIQ score of 27 out of 100 signals material caution about near-term performance in this submarket. This weak reading, combined with static pricing and zero competitive tension, suggests continued sideways movement or potential softening ahead. Buyers should monitor absorption rates and any increase in inventory levels, while sellers considering entry should recognize they're operating in a price-discovery phase with extended timeline expectations and limited pricing power.
What is the median home price in 79607 Abilene?
The median sale price in 79607 is $174K, down N/A year-over-year as of 2020-02-29.
How long do homes stay on the market in Abilene 79607?
Homes in 79607 Abilene spend an average of 66 days on market before going under contract.
Is Abilene 79607 a good place to invest in real estate?
Folio's PropIQ™ score for 79607 is 27/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 27 mean for 79607?
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 79607 Abilene, Texas.