Housing · Buffalo Gap

Buffalo Gap, TX housing market

The typical Buffalo Gap home is worth about $276,000, up 7.7% in a year, 8% below the Texas typical home.

Home values, sales, trends and how Buffalo Gap compares with the towns next door — updated as new data is published.

The market right now

Buffalo Gap at a glance

Typical home value
$276K
▲ 7.7% in a year · Zillow
Median sale price
$265K
April 2026 · Redfin
Homes sold
1
in April · 1 for sale

Only 1 sale in April 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2016–2026

Buffalo GapTexas
$150K$200K$250K$300K$350K 20182020202220242026 Buffalo Gap $276K Texas $299K
Show as a table
JanuaryBuffalo GapTexas
2017$167,000$190,000
2018$173,000$202,000
2019$184,000$214,000
2020$184,000$223,000
2021$204,000$242,000
2022$234,000$286,000
2023$242,000$313,000
2024$246,000$311,000
2025$253,000$311,000
2026$264,000$303,000
August 2026$276,000$299,000
New construction

17 new homes permitted in 2025

Builders were permitted 17 new homes in Buffalo Gap in 2025: 15 single-family houses and 2 in buildings with two or more homes, worth about $4.8 million to build. Over the past 10 years, Buffalo Gap has permitted 109 homes in all.

New homes, 2025
17
▼ 29% vs 2024
2026 so far
11
Jan–Aug · ▼ 8% vs last year
Single-family
88%
of 2025’s new homes
Single-familyTwo or more homes per building2026 so far
0102030 2000: 0 homes 2000 2001: 0 homes 2002: 0 homes 2003: 1 home 2004: 0 homes 2005: 1 home 2005 2006: 0 homes 2007: 0 homes 2008: 0 homes 2009: 0 homes 2010: 0 homes 2010 2011: 0 homes 2012: 0 homes 2013: 0 homes 2014: 0 homes 2015: 0 homes 2015 2016: 0 homes 2017: 3 homes 2018: 13 homes 2019: 7 homes 2020: 11 homes 2020 2021: 13 homes 2022: 14 homes (12 single-family, 2 in buildings with 2+ homes) 2023: 7 homes 2024: 24 homes 2025: 17 homes (15 single-family, 2 in buildings with 2+ homes) 2025 2026 so far: 11 homes

Homes vs. people, 2010–2020

Residents+79
New homes+23

Between the 2010 and 2020 censuses, Buffalo Gap gained 79 residents while 23 new homes were permitted: about 3.4 new residents per new home. Building and growth moved roughly in step. Across Texas: 2.6 new residents per new home.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)11110$2.7 million
202517152$4.8 million
202424240$4.5 million
2023770$1.7 million
202214122$3.2 million
202113130$2.5 million
202011110$2.1 million
2019770$1.4 million
201813130$2.5 million
2017330$300,000
2016000—
2015000—
2014000—
2013000—
2012000—
2011000—
2010000—
2009000—
2008000—
2007000—
2006000—
2005110$165,000
2004000—
2003110$115,000
2002000—
2001000—
2000000—

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

The homes

Owners, rent & taxes

Homeownership
83.9%
Median tax bill
$2,250
Median rent
$1,179
Typical home built
1959

U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,240

HUD's Fair Market Rent for a two-bedroom in Buffalo Gap is $1,240 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Buffalo Gap pay a median of $1,179.

1 bedroom
$990
a month, with utilities
2 bedrooms
$1,240
a month, with utilities
3 bedrooms
$1,610
a month, with utilities

Studio $980 · 4 bedrooms $1,930

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (79508; Abilene, TX MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

The coffee’s on

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01