Temple, TX—76502
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 $278,000, with a year-over-year change of -2.8%. This indicates that home prices in Temple, TX are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $278,000 | -2.8% |
| Single Family | $278,000 | -2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $182,000 | -6.2% |
3 Bed | $250,000 | -2.7% |
4 Bed | $310,000 | -2.8% |
| 5 Bed | $387,000 | -3.2% |
% of Housing Stock
Rental Trends — Temple, TX
As of July '25, Rentcast reports the average rent in Temple, TX is $1,780, with a year-over-year rent change of -4.8%. Per bedroom, the median rent as of July '25 in Temple, TX is 1-bedrooms: $1,150, 2-bedrooms: $1,340, 3-bedrooms: $1,760, 4-bedrooms: $2,190. The most common rental property sizes in Temple, TX are 3-bedroom and 2-bedroom, accounting for 36.6% and 30.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,780 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,120 | $1,150 |
| 2 Bed Rent | $1,320 | $1,340 |
| 3 Bed Rent | $1,750 | $1,760 |
| 4 Bed Rent | $2,200 | $2,190 |
% 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 92. This is a increase of 8.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $315,000 | -3.0% |
Listing Count | 543 | 22.0% |
| Listings as % of Homes | 1.8% | 22.0% |
Days on Market | 92 | 8.0% |
Demographics — Temple, TX
As of the latest ACS Survey released in 2023, Temple, TX has a population of 51,200, which has increased by 26.0% over the past 5 years. Temple, TX is a popular place for families, as children make up 29.8% of the population. The area has a moderately educated workforce, with 37.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 51,200 | 26.0% |
% Under 18 | 29.8% | 6.4% |
% Seniors | 16.3% | 4.5% |
% WFH | 9.7% | 131.0% |
% w/ College Degree | 37.2% | 2.8% |
As of the latest ACS Survey released in 2023, Temple, TX is a predominantly white area, with 57.9% of the population identifying as white. The white population has shrunk by 11.3% in the last 5 years. The second most common race or ethnicity in Temple, TX is hispanic, making up 25.5% of the population. Foreign-born residents account for 7.4% of the population in Temple, TX, and this percentage has increased by 57.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 57.9% | -11.3% |
% Black | 9.3% | -5.1% |
% Hispanic | 25.5% | 32.1% |
% Asian | 2.7% | 0.0% |
% Foreign Born | 7.4% | 57.4% |
Mortgage and Risk — Temple, TX
According to HUD data as of 2023, there were 1199 mortgage originations in Temple, TX, of which 49.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 57.0% above 90% LTV (very high). This implies large mortgage risk in Temple, TX. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,199 |
% Conventional Loans | 49.0% |
% Government Loans | 51.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Temple, TX
As of 2024, the percent of homes in Temple, TX under the Section 8 program is 4.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Temple, TX, because HUD payments exceed market rent, while 1-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 290 |
Total Units Section 8 | 290 |
% Rentals under Section 8 | 4.3% |
% Occupied Section 8 | 86.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $0 | $1,120 | $1,120 |
| 2 Bedroom | $90 | $1,320 | $1,410 |
| 3 Bedroom | $210 | $1,750 | $1,960 |
| 4 Bedroom | $170 | $2,200 | $2,370 |
Affordability — Temple, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $278,000 |
| Median Household Income | $80,500 |