Killeen, TX—76549
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 $226,000, with a year-over-year change of -2.4%. This indicates that home prices in Killeen, TX are decreasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $226,000 | -2.4% |
| Single Family | $226,000 | -2.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $157,000 | 1.9% |
3 Bed | $207,000 | -2.8% |
4 Bed | $240,000 | -2.0% |
| 5 Bed | $301,000 | -1.3% |
% of Housing Stock
Rental Trends — Killeen, TX
As of July '25, Rentcast reports the average rent in Killeen, TX is $1,420, with a year-over-year rent change of -0.7%. Per bedroom, the median rent as of July '25 in Killeen, TX is studios: $1,350, 1-bedrooms: $742, 2-bedrooms: $936, 3-bedrooms: $1,400, 4-bedrooms: $1,760. The most common rental property sizes in Killeen, TX are 3-bedroom and 2-bedroom, accounting for 45.3% and 24.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,420 |
| Studio Rent | $1,350 | $1,350 |
| 1 Bed Rent | $695 | $742 |
| 2 Bed Rent | $875 | $936 |
| 3 Bed Rent | $1,350 | $1,400 |
| 4 Bed Rent | $1,700 | $1,760 |
% 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 61. This is a increase of 5.0% 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 29.0%, 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 | -6.0% |
Listing Count | 306 | -6.0% |
| Listings as % of Homes | 1.0% | -6.0% |
Days on Market | 61 | 5.0% |
Demographics — Killeen, TX
As of the latest ACS Survey released in 2023, Killeen, TX has a population of 56,100, which has increased by 8.3% over the past 5 years. Killeen, TX is a popular place for families, as children make up 30.8% of the population. The area has a poorly educated workforce, with 23.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 56,100 | 8.3% |
% Under 18 | 30.8% | -6.1% |
% Seniors | 6.6% | 50.0% |
% WFH | 8.3% | 118.4% |
% w/ College Degree | 23.1% | 7.9% |
As of the latest ACS Survey released in 2023, Killeen, TX is a predominantly black area, with 38.8% of the population identifying as black. The black population has shrunk by 5.4% in the last 5 years. The second most common race or ethnicity in Killeen, TX is white, making up 26.7% of the population. Foreign-born residents account for 7.8% of the population in Killeen, TX, and this percentage has decreased by 8.2% 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 | 26.7% | -4.3% |
% Black | 38.8% | -5.4% |
% Hispanic | 25.9% | 7.0% |
% Asian | 3.7% | -17.8% |
% Foreign Born | 7.8% | -8.2% |
Mortgage and Risk — Killeen, TX
According to HUD data as of 2023, there were 1177 mortgage originations in Killeen, TX, of which 26.0% of loans were conventional mortgages. The average loan-to-value was 87.0%, with 72.0% above 90% LTV (very high). This implies large mortgage risk in Killeen, 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 | 1,177 |
% Conventional Loans | 26.0% |
% Government Loans | 74.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
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. 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 | 659 |
Total Units Section 8 | 658 |
% 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 | $275 | $695 | $970 |
| 2 Bedroom | $345 | $875 | $1,220 |
| 3 Bedroom | $350 | $1,350 | $1,700 |
| 4 Bedroom | $350 | $1,700 | $2,050 |
Affordability — Killeen, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $226,000 |
| Median Household Income | $62,500 |