Buck Creek, a neighborhood in Abilene, Texas, has experienced steady population growth and an evolving real estate market over the past decade. The area has maintained a high rate of owner-occupied housing, with average home prices showing a consistent upward trend. From 2013 to 2022, the homeownership rate in Buck Creek remained relatively stable, fluctuating between 69% and 72%. During this period, average home prices in the neighborhood experienced substantial growth, increasing from $137,094 in 2013 to $226,694 in 2022, representing a 65% increase over nine years.

Federal interest rates have influenced homeownership trends in Buck Creek. From 2013 to 2016, when interest rates were historically low (0.11% to 0.40%), homeownership rates remained stable around 67-70%. As interest rates rose more significantly from 2017 (1%) to 2019 (2.16%), homeownership rates actually increased slightly, reaching 71% in 2018. This suggests that local factors in Buck Creek may have offset the typical negative impact of rising interest rates on homeownership.

Renter percentages in Buck Creek have generally been the inverse of homeownership rates, fluctuating between 28% and 34% from 2013 to 2022. Average rent prices have shown an overall upward trend during this period, increasing from $845 in 2013 to $1,077 in 2022, a 27% increase. A significant jump in average rent occurred from $974 in 2018 to $1,108 in 2019, coinciding with a peak in the neighborhood's population at 5,404 residents, suggesting increased demand for housing in the area may have driven up rental costs.