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Abilene-area home prices fall 0.2% in June, with houses for sale in high demand

The Abilene Reporter-News logo The Abilene Reporter-News 7/5/2022 Mike Stucka and Sean Lahman USA TODAY NETWORK
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A typical Taylor County home listed for $286,250 in June, down 0.2% from the previous month's $286,950, an analysis of data from Realtor.com shows.

The median list home price in June was up about 18.8% from June 2021. Taylor County's median home was 1,820 square feet for a listed price of $150 per square foot.

The Taylor County market was busy, with a median 35 days on market. A month earlier, homes had a median 35 days on market. The market added 276 new home listings in June, compared with the 248 added in June 2021. The market ended the month with some 265 listings of homes for sale.

More: Prices don't drop when inflation eases. Why your wallet will be hurting for a while.

The median home prices issued by Realtor.com may exclude much, or even most, of a market's homes. The price and volume represent only homes that are single-family homes, condominiums or townhomes. They include existing homes, but exclude most new construction as well as pending and contingent sales.

Information on your local housing market is available through the USA TODAY Network, with more data from Realtor.com.

What were Abilene-area home prices in June? Here's a county-by-county breakdown

Callahan County's home prices rose 26.3%, to a median $397,250, from a month earlier. The typical house was on the market for 25 days, from 39 days a month earlier. The typical 2,029-square-foot house had a list price of $165 per square foot.

Jones County's home prices rose 15.5%, to a median $196,200, from a month earlier. The typical house was on the market for 40 days, from 30 days a month earlier. The typical 1,946-square-foot house had a list price of $96 per square foot.

Nolan County's home prices rose 8.4%, to a median $129,950, from a month earlier. The typical house was on the market for 47 days, from 50 days a month earlier. The typical 1,526-square-foot house had a list price of $87 per square foot.

Stephens County's home prices rose 15.8%, to a median $237,500, from a month earlier. The typical house was on the market for 77 days, from 96 days a month earlier. The typical 1,777-square-foot house had a list price of $111 per square foot.

Across all of Texas, median home prices were $406,475, rising 2.4% from a month earlier. The median Texas home for sale had 2,104 square feet at list price of $194 per square foot.

Across the United States, median home prices were $450,000, up 0.7% from a month earlier. The median American home for sale had 1,887 square feet, listed at $228 per square foot.

The median home list price — the midway point of all the houses or units listed over a period of time — is used more often in this report instead of the average home list price because experts say the median offers a more accurate view of what's happening in a market. In finding the average price, all prices of homes listed are added and then divided by the number of homes sold. This measure can be skewed by one low or high price.

The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from the Realtor.com residential listings database.. The story was written by Mike Stucka and Sean Lahman.

This article originally appeared on Abilene Reporter-News: Abilene-area home prices fall 0.2% in June, with houses for sale in high demand

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