Is Killeen, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Killeen was a Seller's Market.
Housing Prices in Killeen, TX
How much do homes in Killeen, TX cost?
Median Sold Price
$235,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Killeen was $235,000 in February 2024, up 4.4% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $286.5K | $310K | +8.2% |
2 Bedrooms | $110.9K | $145K | +30.7% |
3 Bedrooms | $201K | $205K | +2.0% |
4 Bedrooms | $245K | $257.5K | +5.1% |
5+ Bedrooms | $324.9K | $355K | +9.3% |
Summary: Killeen housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes increased by 30.7%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 9.3%.
Median Sold Price Compared To Nearby Cities
Copperas Cove | $224.5K | $255K | +13.6% |
Killeen | $225K | $235K | +4.4% |
Harker Heights | $320.5K | $322K | 0.5% |
Southwest Bell | $313.5K | $306K | -2.4% |
Housing Supply in Killeen, TX
How many homes are available in Killeen, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
125 | 156 | +24.8% |
Summary: The Killeen real estate market had 156 homes for sale in February 2024, a 24.8% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 45 | 59 | +31.1% |
4 Bedrooms | 64 | 78 | +21.9% |
5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Killeen housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 31.1%, 4 bedroom homes increased by 21.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
12 | 22 | +83.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Killeen in February 2024, up by 83.3% month-over-month. Of the 22 sold homes, 59% were sold under asking, 23% were sold at asking, and 18% were sold over asking.
Days on Market for Killeen, TX
How long does it take to sell a home in Killeen, TX?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
47 Days | 66 Days | +41.3% |
Summary: Homes in Killeen had an average of 66 days on market in Feb 2024, up by 41.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During February 2024, 22 homes were sold in Killeen; 32% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.