Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$248,024−1.5% YoY · prices are falling
Market right nowBalanced marketFewer homes for sale than last year, 17% have cut their price
Income needed to buy, per year$53,766About 0.8× the local median income ($68,637): affordable for a typical household
Days on market77 daysAbout the same pace as a year ago
Next 12 months−0.6%Zillow expects prices to dip slightly
The typical home in Killeen-Temple, TX is worth $248,024, down 1.5% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $235,401, so the area is 5.4% overvalued. It is a balanced market: homes take about 77 days to sell, listings are down 3% from a year ago, 17% of listings have had a price cut. Zillow expects prices to fall about 0.6% over the next year. A household needs about $53,766 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $68,637. Typical rent is $1,308 a month, or $1,574 for a house. In the latest IRS figures, 2,340 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$248,024
Change in 1 year
−1.5%
Overvalued %
+5.4%
Show 7 more
Fair home value
$235,401
Change in 5 years
+12.4%
Zillow forecast, next 12 months
−0.6%
Home value to income
3.6×
Monthly mortgage payment (20% down)
$1,344
Income needed to afford it
$53,766
Property tax rate
1.41%
Rent and investing
Typical rent
$1,308
Typical rent for houses
$1,574
Price-to-rent ratio
15.8×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,132
Gross rental yield
6.33%
Cap rate (estimate)
4.11%
Market activity
Listings vs a year ago
−3.0%
Days on market
77
Listings with a price cut
17.4%
Show 3 more
Homes for sale
2,448
Pending sales per 100 listings
27
Asking price per sq ft
$154
People and jobs
Median household income
$68,637
Population change (1 year)
+1.1%
Unemployment rate
6.7%
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Population
511,497
Income adjusted for cost of living
$75,342
Net moves in (IRS)
+2,340
Cost of living (US = 100)
91.1
Schools, risk and environment
School rating (1 to 10)
5.1
FEMA hazard risk score (0 to 100)
83.6
Unhealthy air days a year
4
Show 4 more
Flood risk score
82.6
Wildfire risk score
88.3
Walkability (1 to 20)
6.6
Road, rail and air noise
52 dB
Questions people ask
Is Killeen-Temple, TX overvalued?
Home prices in Killeen-Temple, TX are slightly above what local incomes have historically supported: fair value is about $235,401, so the area is 5.4% overvalued.
Is Killeen-Temple, TX a buyer's or seller's market?
Killeen-Temple, TX is a balanced market: homes take about 77 days to sell, listings are down 3% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Killeen-Temple, TX?
Home values in Killeen-Temple, TX are down 1.5% over the last year. Zillow's forecast for the next 12 months is −0.6%.
How much do you need to earn to buy a home in Killeen-Temple, TX?
A household needs about $53,766 a year to afford the typical home in Killeen-Temple, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $68,637.