TX · Metro #120

Killeen - TX housing market

The Killeen metro has a typical home value of $252,444, down 1.3% from a year ago. Homes sell in 38 days on average, a balanced market. 25% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$252,444
-1.3% vs. year ago
Median sale price
$258,525
+2.6% YoY
Median list price
$285,700
Sale-to-list ratio
97.9%
Selling below ask
Days on market
38d
Listings w/ price cut
25.4%
New listings / mo
617
-18.8% YoY
Homes for sale
2,871
-12.3% YoY
Typical rent
$1,339/mo
-0.9% YoY
Context

How to read this data

The typical home value ($252,444) is the Zillow Home Value Index for the Killeen - TX metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are down 1.3% over the past year. A home worth $255,769 last year is now worth roughly $252,444.

The median sale price , what homes actually close for , is $258,525. Homes are selling at 97.9% of list price, meaning buyers have room to negotiate.

Homes listed in Killeen - TX sit on the market for roughly 38 days before going pending. Shorter = seller's market; longer = buyer's market.

About 25.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 617 new listings hit the market each month in Killeen - TX. There are currently 2,871 homes for sale, down 12.3% from a year ago.

The typical monthly rent in Killeen - TX is $1,339, down 0.9% year over year. For investors, the price-to-rent ratio here is roughly 16x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Related

Other metros in TX

MetroHome value1-yr changeDays on market
Dallas - TX$366,701 -3.0% 25.0d
Houston - TX$308,933 -2.1% 33.0d
San Antonio - TX$280,370 -1.9% 37.0d
Austin - TX$426,944 -5.7% 45.0d
McAllen - TX$194,546 +0.4% 83.0d
El Paso - TX$233,297 +1.7% 30.0d
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