The story of this market
The typical home in Killeen, Texas sells for about $239,900, or $136 per square foot.
Homes take about 12 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,205 a month.
Monthly price momentum
Home values since 2015
+1.1%
TX · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Killeen, Texas
The Killeen housing market remains stable, supported by consistent demand from the military sector and a relatively affordable cost of living. While median prices have seen growth, the market remains accessible compared to larger Texas metros, with steady sales activity driven by the local workforce and base personnel.
3 verified foreclosure posting(s) on the ARED county ledger attributed to Killeen across its counties. Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).
Deterministic aggregate of 5 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 0.3% year over year.
Homes spend a median of 69 days on market with 0.1 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98.01% of asking — demand is running ahead of supply.
3 foreclosure-ledger notices — 0.2 per 10,000 residents · unemployment 5.5% · poverty 14.0% — a stable, low-distress profile.
- Urban Air Trampoline and Adventure Park4.31.4 mi
- Summer Fun Water Park4.417.6 mi
- Cinergy Copperas Cove4.68.2 mi
- Lions Junction Family Water Park4.422.5 mi
- Xtreme Jump Adventure Park3.922 mi
- Bell County Expo Center4.516.3 mi
- Spare Time Texas Temple4.519.8 mi
- Phantom Warrior Stadium4.44.3 mi
- Frank W. Mayborn Civic & Convention Center4.523.8 mi
- Schoepf's Bbq4.217 mi
- Chalk Ridge Falls Park4.614 mi
- Cinemark Harker Heights4.45.1 mi
- Lions Club Park4.53.6 mi
- Dana Peak Park4.69.9 mi
- Urban Air Trampoline and Adventure Park4.31.4 mi
- Temple Railroad & Heritage Museum4.623 mi
- Temple Children's Museum4.523.4 mi
- Bell County Museum4.716.6 mi
- Salado Glassworks4.817 mi
- Kingpin Tattoo4.64.3 mi
- Chalk Ridge Falls Park4.614 mi
- RV Belton Lake Outdoor Recreation Area4.310.2 mi
- Lions Club Park4.53.6 mi
- Dana Peak Park4.69.9 mi
- Temple Lake Park4.614.1 mi
- Frank's Marina- Lake Belton4.314.6 mi
- North Point Marina4.716.8 mi
- The Courses of Clear Creek4.35 mi
- Hills of Cove Golf Course48.9 mi
- Killeen Mall3.92.2 mi
- AAFES Main Exchange px4.53.9 mi
- Ross Dress for Less4.22.8 mi
- Kohl's4.32.3 mi
- Murdoch's Ranch & Home Supply4.51.7 mi
- Killeen Regional Airport46.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A large reservoir offering boating, fishing, and swimming, serving as a major outdoor recreation destination for the region.
A central venue for community events, sports, and public meetings that supports local social engagement.
The primary retail anchor for the city, providing a wide range of shopping and dining options for residents.
Killeen is well-suited for military families, first-time homebuyers, and investors seeking affordable entry points into the Texas market. Its proximity to Fort Cavazos makes it a practical choice for those affiliated with the base, while the lower cost of living compared to major Texas metros attracts budget-conscious renters and buyers.
The city is served by major highway corridors including Highway 190, which facilitates regional travel and commuting. Public transit options are limited, making personal vehicle ownership the primary mode of transportation.
Killeen offers a variety of recreational amenities, including access to Stillhouse Hollow Lake for water-based activities and numerous community parks. The Killeen Community Center serves as a central hub for local events and public gatherings, enhancing the quality of life for residents.
The rental market in Killeen is characterized by steady demand driven by the transient military population and civilian workforce. Vacancy rates remain influenced by the cyclical nature of military deployments and base operations, with rent trajectories generally tracking below the Texas state median.
The economy is dominated by the military sector, with Fort Cavazos serving as the largest employer. The industry mix is supported by retail, healthcare, and service sectors that cater to the military and civilian population.
The local economy is heavily anchored by the military presence at Fort Cavazos, which serves as the primary driver for regional employment and housing demand. Infrastructure development, including the Highway 190 expansion, continues to support connectivity and growth within the city limits.
Development activity is focused on residential expansion and infrastructure projects to accommodate the steady population growth. Ongoing efforts include improvements to local roads and utility services to support new housing developments.
Parcels in Killeen are subject to taxes from the Killeen Independent School District and various municipal utility districts that manage local infrastructure.
Property insurance in the region is influenced by the climate of Central Texas, with premiums reflecting risks associated with severe weather events common to the area.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from Census Reporter and US Census Bureau QuickFacts.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.