Killeen housing market
Typical home value
$248K
▼ 1.5% 1 yr
Typical rent
$1,308/mo
▼ 0.2% 1 yr
12-month forecast
−0.6%
#496 of 546 metros
Gross rent yield
6.3%
#211 of 546 · U.S. 6.3%
Days to pending
84 days
▲ +6 days 1 yr
Listings with a price cut
26%
▼ −0.3 pts 1 yr
Key takeaways
- 1The typical home is worth $248,024, down 1.5% in a year and up 12% over five years.
- 2Zillow forecasts home values falling 0.6% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,308/mo (−0.2% YoY), a 6.3% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $1,363/mo in principal and interest, $55 more than renting.
- 5Homes go under contract in 84 days (+6 days vs last year); 26% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 29/100, #450 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Killeen compares
| Measure | Killeen | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | −1.5% | +1.2% | #512 |
| Home value, 5-yr change | +12.4% | +19.7% | |
| 12-month forecast | −0.6% | +1.1% | #496 |
| Rent, 1-yr change | −0.2% | +2.7% | #528 |
| Gross rent yield | 6.3% | 6.3% | #211 |
| Price-to-rent ratio | 15.8 | 15.8 | |
| Mortgage P&I on typical home | $1,363 | $2,012 | |
| Income needed to buy | $75,788 | $100,902 | |
| Days to pending | 84 | 56 |
Cities in the Killeen metro
5 cities with home value and rent data.
| Killeen | $217K | ▼ 1.2% | $1,259 | ▼ 0.7% | 7.0% |
| Temple | $244K | ▼ 3.0% | $1,383 | ▲ 0.4% | 6.8% |
| Belton | $312K | ▼ 1.8% | $1,557 | ▼ 0.7% | 6.0% |
| Copperas Cove | $225K | ▲ 0.3% | $1,196 | ▲ 0.8% | 6.4% |
| Harker Heights | $296K | ▲ 0.5% | $1,459 | ▲ 1.2% | 5.9% |
Run the numbers
Rental property calculator
Cash flow on a typical Killeen rental ($248K, $1,308/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Killeen home.
Rent vs buy
Is it cheaper to rent or buy in Killeen?
Renting out a property in Texas? See deposit limits, late fee rules and notice periods.
Other Texas metros
Dallas, TX
$358K home$1,659 rent5.6% yield
▼ 2.0% 1 yr
Houston, TX
$303K home$1,638 rent6.5% yield
▼ 1.8% 1 yr
San Antonio, TX
$274K home$1,415 rent6.2% yield
▼ 1.9% 1 yr
Austin, TX
$414K home$1,603 rent4.6% yield
▼ 4.3% 1 yr
McAllen, TX
$189K home$1,119 rent7.1% yield
▼ 0.4% 1 yr
El Paso, TX
$233K home$1,521 rent7.8% yield
▲ 2.5% 1 yr
Corpus Christi, TX
$222K home$1,425 rent7.7% yield
▲ 0.7% 1 yr
Brownsville, TX
$205K home$1,509 rent8.9% yield
▲ 1.3% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.