Is Killeen, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Killeen was $235,000 in March 2024, up 3.7% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $286.5K | $310K | +8.2% |
2 Bedrooms | $117.9K | $162.4K | +37.8% |
3 Bedrooms | $200K | $210K | +5.0% |
4 Bedrooms | $250K | $254.9K | +2.0% |
5+ Bedrooms | $335K | $360K | +7.5% |
Summary: Killeen housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes increased by 37.8%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 7.5%.
Median Sold Price Compared To Nearby Cities
Copperas Cove | $224.4K | $254.9K | +13.6% |
Killeen | $226.5K | $235K | +3.7% |
Harker Heights | $320K | $322K | +0.6% |
Southwest Bell | $334.5K | $299.9K | -10.3% |
Housing Supply in Killeen, TX
How many homes are available in Killeen, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
146 | 173 | +18.5% |
Summary: The Killeen real estate market had 173 homes for sale in March 2024, a 18.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 57 | 72 | +26.3% |
4 Bedrooms | 71 | 79 | +11.3% |
5+ Bedrooms | 10 | 14 | +40.0% |
Summary: The Killeen housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 26.3%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 27 | +17.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Killeen in March 2024, up by 17.4% month-over-month. Of the 26 sold homes, 42% were sold under asking, 38% were sold at asking, and 19% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
76 Days | 40 Days | -47.7% |
Summary: Homes in Killeen had an average of 40 days on market in Mar 2024, down by 47.7% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 27 homes were sold in Killeen; 63% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.