Temple, TX—76504
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 -3.8%. 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 | $187,000 | -3.8% |
| Single Family | $187,000 | -4.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $124,000 | -6.1% |
3 Bed | $206,000 | -3.3% |
4 Bed | $267,000 | -4.6% |
| 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 $1,350, with a year-over-year rent change of -10.0%. Per bedroom, the median rent as of July '25 in Temple, TX is studios: $750, 1-bedrooms: $845, 2-bedrooms: $1,090, 3-bedrooms: $1,510, 4-bedrooms: $2,130. The most common rental property sizes in Temple, TX are 2-bedroom and 1-bedroom, accounting for 41.8% and 33.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,350 |
| Studio Rent | $750 | $750 |
| 1 Bed Rent | $800 | $845 |
| 2 Bed Rent | $1,100 | $1,090 |
| 3 Bed Rent | $1,440 | $1,510 |
| 4 Bed Rent | $2,000 | $2,130 |
% 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 82. This is a decrease of -11.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $230,000 | -15.0% |
Listing Count | 123 | -15.0% |
| Listings as % of Homes | 0.5% | -15.0% |
Days on Market | 82 | -11.0% |
Demographics — Temple, TX
As of the latest ACS Survey released in 2023, Temple, TX has a population of 24,900, which has increased by 5.0% over the past 5 years. Temple, TX is a moderately popular place for families, as children make up 21.6% of the population. The area has a poorly educated workforce, with 19.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,900 | 5.0% |
% Under 18 | 21.6% | -12.9% |
% Seniors | 14.7% | -5.8% |
% WFH | 6.2% | 129.6% |
% w/ College Degree | 19.6% | 5.4% |
As of the latest ACS Survey released in 2023, Temple, TX is a predominantly white area, with 49.1% of the population identifying as white. The white population has grown by 9.6% in the last 5 years. The second most common race or ethnicity in Temple, TX is hispanic, making up 28.6% of the population. Foreign-born residents account for 8.2% of the population in Temple, TX, and this percentage has decreased by 7.9% 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 | 49.1% | 9.6% |
% Black | 15.9% | -20.5% |
% Hispanic | 28.6% | -8.9% |
% Asian | 1.2% | -20.0% |
% Foreign Born | 8.2% | -7.9% |
Mortgage and Risk — Temple, TX
According to HUD data as of 2023, there were 367 mortgage originations in Temple, TX, of which 40.0% of loans were conventional mortgages. The average loan-to-value was 85.0%, with 65.0% above 90% LTV (very high). This implies large mortgage risk in Temple, TX. Investor activity is low, as 5.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 367 |
% Conventional Loans | 40.0% |
% Government Loans | 60.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Temple, TX
As of 2024, the percent of homes in Temple, TX under the Section 8 program is 6.4%. 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. In Temple, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 445 |
Total Units Section 8 | 419 |
% Rentals under Section 8 | 6.4% |
% Occupied Section 8 | 64.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $800 | $980 |
| 2 Bedroom | $140 | $1,100 | $1,240 |
| 3 Bedroom | $290 | $1,440 | $1,730 |
| 4 Bedroom | $80 | $2,000 | $2,080 |
Affordability — Temple, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $187,000 |
| Median Household Income | $50,400 |