local
Record home prices aren't enough to bring more sellers to market
By ABC 12 at KTXS (ABC 12) Abilene News
· July 9, 2026
· 1 min read
The National Association of Realtors released its report on June home sales, showing a drop from May but an increase from last June. Meanwhile, the median existing-home sales price rose to a record high of $440,600.
Key takeaway Meanwhile, the median existing-home sales price rose to a record high of $440,600.
Why this matters in Abilene News
In Abilene , the record median existing-home sales price of $440,600 will likely have a ripple effect on the local housing market. With home prices at an all-time high, one might expect more sellers to list their properties, but that's not the case. This disparity suggests that Abilene homeowners are hesitant to give up their current homes, possibly due to uncertainty about finding a new place to live in a market with limited inventory. As a result, prospective buyers in Abilene may face even stiffer competition for the few available homes, driving up prices further. The city's housing market will be worth watching in the coming months to see if the high prices and low inventory will lead to an increase in new construction or if alternative housing options will become more appealing to buyers.
About this story
Original reporting by KTXS (ABC 12) Abilene News . Abilene News surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KTXS (ABC 12) Abilene News . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 9, 2026 ·
Source: KTXS (ABC 12) Abilene News ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? The National Association of Realtors released its report on June home sales, showing a drop from May but an increase from last June. Meanwhile, the median existing-home sales price rose to a record high of $440,600.
When was this published? This article was first published on July 9, 2026 by KTXS (ABC 12) Abilene News and curated for Abilene News readers.
Who reported this story? This story was reported by ABC 12 at KTXS (ABC 12) Abilene News. To learn more about how Abilene News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from Abilene News, or browse our daily briefing and topic hubs .
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