The Abilene housing market is showing balanced conditions with stable prices and moderate inventory levels. The median home price of $235,000 represents a moderate 9.3% increase from this time last year. With 4.7 months of supply, Abilene's inventory levels remain relatively tight. Homes are taking about 70 days to sell, which is 21 days longer than this time last year. Only 12.9% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Abilene market with the affordability index at 10.8. Looking ahead, the Abilene market is expected to maintain its current trajectory with relatively stable conditions.
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