Temple, TX—76501
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Temple, TX
As of Oct '25, the median home price in Temple, TX is $187,000, with a year-over-year change of -6.1%. This indicates that home prices in Temple, TX are decreasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $187,000 | -6.1% |
| Single Family | $187,000 | -6.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $126,000 | -6.0% |
3 Bed | $194,000 | -4.4% |
4 Bed | $271,000 | -3.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Temple, TX
As of July '25, Rentcast reports the average rent in Temple, TX is $1,430, with a year-over-year rent change of 1.4%. Per bedroom, the median rent as of July '25 in Temple, TX is studios: $795, 1-bedrooms: $1,210, 2-bedrooms: $1,280, 3-bedrooms: $1,430, 4-bedrooms: $2,750. The most common rental property sizes in Temple, TX are 3-bedroom and 1-bedroom, accounting for 34.5% and 31.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,430 |
| Studio Rent | $795 | $795 |
| 1 Bed Rent | $1,100 | $1,210 |
| 2 Bed Rent | $1,200 | $1,280 |
| 3 Bed Rent | $1,450 | $1,430 |
| 4 Bed Rent | $2,500 | $2,750 |
% of Rental Stock
Property Listings — Temple, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Temple, TX is 78. This is a increase of 12.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $240,000 | -12.0% |
Listing Count | 119 | 4.0% |
| Listings as % of Homes | 1.0% | 4.0% |
Days on Market | 78 | 12.0% |
Demographics — Temple, TX
As of the latest ACS Survey released in 2023, Temple, TX has a population of 17,200, which has increased by 2.5% over the past 5 years. Temple, TX is a popular place for families, as children make up 27.0% of the population. The area has a poorly educated workforce, with 20.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,200 | 2.5% |
% Under 18 | 27.0% | 8.4% |
% Seniors | 14.9% | -9.7% |
% WFH | 15.0% | 455.6% |
% w/ College Degree | 20.2% | 32.0% |
As of the latest ACS Survey released in 2023, Temple, TX is a predominantly white area, with 41.8% of the population identifying as white. The white population has shrunk by 17.2% in the last 5 years. The second most common race or ethnicity in Temple, TX is hispanic, making up 36.4% of the population. Foreign-born residents account for 6.4% of the population in Temple, TX, and this percentage has decreased by 13.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 41.8% | -17.2% |
% Black | 16.8% | -10.2% |
% Hispanic | 36.4% | 25.1% |
% Asian | 0.9% | 800.0% |
% Foreign Born | 6.4% | -13.5% |
Mortgage and Risk — Temple, TX
According to HUD data as of 2023, there were 202 mortgage originations in Temple, TX, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Temple, TX. Investor activity is low, as 8.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 202 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 8.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Temple, TX
As of 2024, the percent of homes in Temple, TX under the Section 8 program is 22.3%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Temple, TX, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 844 |
Total Units Section 8 | 483 |
% Rentals under Section 8 | 22.3% |
% Occupied Section 8 | 79.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$290 | $1,100 | $810 |
| 2 Bedroom | -$170 | $1,200 | $1,030 |
| 3 Bedroom | -$10 | $1,450 | $1,440 |
| 4 Bedroom | -$760 | $2,500 | $1,740 |
Affordability — Temple, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $187,000 |
| Median Household Income | $50,800 |