Killeen, TX—76542
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Killeen, TX
As of Oct '25, the median home price in Killeen, TX is $256,000, with a year-over-year change of -1.7%. This indicates that home prices in Killeen, TX are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $256,000 | -1.7% |
| Single Family | $256,000 | -1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $160,000 | -1.8% |
3 Bed | $221,000 | -2.2% |
4 Bed | $277,000 | -1.1% |
| 5 Bed | $338,000 | -1.5% |
% of Housing Stock
Rental Trends — Killeen, TX
As of July '25, Rentcast reports the average rent in Killeen, TX is $1,630, with a year-over-year rent change of 1.9%. Per bedroom, the median rent as of July '25 in Killeen, TX is studios: $950, 1-bedrooms: $1,140, 2-bedrooms: $954, 3-bedrooms: $1,540, 4-bedrooms: $1,940. The most common rental property sizes in Killeen, TX are 2-bedroom and 3-bedroom, accounting for 33.9% and 31.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,630 |
| Studio Rent | $950 | $950 |
| 1 Bed Rent | $1,130 | $1,140 |
| 2 Bed Rent | $895 | $954 |
| 3 Bed Rent | $1,550 | $1,540 |
| 4 Bed Rent | $1,900 | $1,940 |
% of Rental Stock
Property Listings — Killeen, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Killeen, TX is 68. This is a increase of 20.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $285,000 | 1.0% |
Listing Count | 365 | 7.0% |
| Listings as % of Homes | 1.3% | 7.0% |
Days on Market | 68 | 20.0% |
Demographics — Killeen, TX
As of the latest ACS Survey released in 2023, Killeen, TX has a population of 53,600, which has increased by 7.6% over the past 5 years. Killeen, TX is a popular place for families, as children make up 27.8% of the population. The area has a moderately educated workforce, with 29.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 53,600 | 7.6% |
% Under 18 | 27.8% | -5.8% |
% Seniors | 8.9% | 64.8% |
% WFH | 7.7% | 140.6% |
% w/ College Degree | 29.3% | 15.4% |
As of the latest ACS Survey released in 2023, Killeen, TX is a predominantly black area, with 35.6% of the population identifying as black. The black population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in Killeen, TX is white, making up 26.9% of the population. Foreign-born residents account for 10.2% of the population in Killeen, TX, and this percentage has increased by 7.4% 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 | 26.9% | -15.1% |
% Black | 35.6% | -1.4% |
% Hispanic | 26.1% | 3.6% |
% Asian | 5.0% | 25.0% |
% Foreign Born | 10.2% | 7.4% |
Mortgage and Risk — Killeen, TX
According to HUD data as of 2023, there were 1064 mortgage originations in Killeen, TX, of which 27.0% of loans were conventional mortgages. The average loan-to-value was 89.0%, with 73.0% above 90% LTV (very high). This implies large mortgage risk in Killeen, TX. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,064 |
% Conventional Loans | 27.0% |
% Government Loans | 73.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Killeen, TX
As of 2024, the percent of homes in Killeen, TX under the Section 8 program is 6.7%. 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 Killeen, TX, because HUD payments exceed market rent, while 1-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 636 |
Total Units Section 8 | 636 |
% Rentals under Section 8 | 6.7% |
% Occupied Section 8 | 64.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$80 | $1,130 | $1,050 |
| 2 Bedroom | $425 | $895 | $1,320 |
| 3 Bedroom | $290 | $1,550 | $1,840 |
| 4 Bedroom | $320 | $1,900 | $2,220 |
Affordability — Killeen, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $256,000 |
| Median Household Income | $72,900 |