Killeen, TX—76543
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 $174,000, with a year-over-year change of -4.2%. This indicates that home prices in Killeen, TX are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $174,000 | -4.2% |
| Single Family | $174,000 | -4.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $134,000 | -1.5% |
3 Bed | $172,000 | -3.4% |
4 Bed | $207,000 | -2.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Killeen, TX
As of July '25, Rentcast reports the average rent in Killeen, TX is $1,120, with a year-over-year rent change of -5.9%. Per bedroom, the median rent as of July '25 in Killeen, TX is 1-bedrooms: $750, 2-bedrooms: $861, 3-bedrooms: $1,310, 4-bedrooms: $1,560. The most common rental property sizes in Killeen, TX are 2-bedroom and 3-bedroom, accounting for 41.1% and 36.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $675 | $750 |
| 2 Bed Rent | $825 | $861 |
| 3 Bed Rent | $1,300 | $1,310 |
| 4 Bed Rent | $1,550 | $1,560 |
% 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 65. This is a increase of 21.0% 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 | $185,000 | -5.0% |
Listing Count | 142 | 27.0% |
| Listings as % of Homes | 0.4% | 27.0% |
Days on Market | 65 | 21.0% |
Demographics — Killeen, TX
As of the latest ACS Survey released in 2023, Killeen, TX has a population of 33,700, which has increased by 11.0% over the past 5 years. Killeen, TX is a popular place for families, as children make up 28.2% of the population. The area has a poorly educated workforce, with 15.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,700 | 11.0% |
% Under 18 | 28.2% | 0.0% |
% Seniors | 9.0% | 2.3% |
% WFH | 7.1% | 294.4% |
% w/ College Degree | 15.2% | 3.4% |
As of the latest ACS Survey released in 2023, Killeen, TX is a predominantly black area, with 39.8% of the population identifying as black. The black population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Killeen, TX is hispanic, making up 28.6% of the population. Foreign-born residents account for 7.7% of the population in Killeen, TX, and this percentage has increased by 2.7% 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 | 26.5% | -15.6% |
% Black | 39.8% | -2.7% |
% Hispanic | 28.6% | 28.8% |
% Asian | 3.3% | 13.8% |
% Foreign Born | 7.7% | 2.7% |
Mortgage and Risk — Killeen, TX
According to HUD data as of 2023, there were 389 mortgage originations in Killeen, TX, of which 34.0% of loans were conventional mortgages. The average loan-to-value was 86.0%, with 68.0% above 90% LTV (very high). This implies large mortgage risk in Killeen, TX. Investor activity is low, as 7.0% 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 | 389 |
% Conventional Loans | 34.0% |
% Government Loans | 66.0% |
% Investor Loans | 7.0% |
% 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 6.9%. 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 Killeen, 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 | 647 |
Total Units Section 8 | 647 |
% Rentals under Section 8 | 6.9% |
% Occupied Section 8 | 64.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $195 | $675 | $870 |
| 2 Bedroom | $275 | $825 | $1,100 |
| 3 Bedroom | $230 | $1,300 | $1,530 |
| 4 Bedroom | $300 | $1,550 | $1,850 |
Affordability — Killeen, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $174,000 |
| Median Household Income | $51,200 |