The housing market in the Killeen-Temple, TX Metro Area is especially strong. The median home value in this area is $249,600, which is significantly lower than the US median house value of $338,100. Additionally, in the last year alone, house appreciation in the Killeen-Temple area has been 16%, much higher than the national rate of 8.27%. This makes it a great time to invest and purchase a home in this area as prices will continue to appreciate.
The median home cost in Killeen-Temple Metro Area is $249,600. Home appreciation the last 10 years has been 116.3%. Home Appreciation in Killeen-Temple Metro Area is up 24.0%.
Average Age of Homes
- The median age of Killeen-Temple Metro Area real estate is 28 years old
The Rental Market in Killeen-Temple Metro Area
- Renters make up 35.2% of the Killeen-Temple Metro Area population
- 2.5% of houses and apartments in Killeen-Temple Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.