Killeen, TX Market Update

Killeen Home Prices: What the Last 2 Years Reveal

A clear look at how Killeen home prices have moved from May 2024 through April 2026 - and what the median price trend means for buyers and sellers in the Greater Fort Hood corridor.

$209,500Median Price (Apr 2026)
-12%Change Over 2 Years
5.18Months of Inventory
626Active Listings

If you have been watching the Killeen housing market, you have likely sensed it shifting. The data confirms it: over the past two years, Killeen home prices have eased while inventory has steadily climbed - moving Killeen toward a more balanced, buyer-friendlier market.

★ Killeen Home Prices: The 2-Year Trend

The chart below tracks the monthly median sale price in Killeen from May 2024 through April 2026. The overall path of Killeen home prices is a gradual, orderly softening - not a sharp drop - with values generally holding in the $209K to $240K band.

Median Sale Price · Killeen, TX

May 2024 – April 2026
Monthly median sale price Trend

Source: Texas Real Estate Research Center at Texas A&M University · Killeen LMA

★ What the Numbers Tell Us

Killeen home prices have softened - gently

The median sale price moved from $238,000 in May 2024 to $209,500 in April 2026, a decline of roughly 12% over the full two years. April 2026 marks the lowest median reading in the window, a signal that buyer-favorable pressure on Killeen home prices has continued into 2026.

Inventory is the bigger story

Active listings rose from 522 in mid-2024 to 626 by April 2026, peaking near 670. As supply built up against slower sales, months of inventory climbed from the high-3s to 5.18 - moving Killeen out of a tight seller's market and into balanced territory where buyers have real negotiating room.

For Buyers

More choice, less competition, and softening prices create room to negotiate on price, closing costs, and concessions - a meaningful opening, especially for VA-eligible buyers.

For Sellers

Pricing discipline matters now. Homes priced to recent comparable sales - not 2024 peak values - still move quickly with strong presentation and marketing.

The Trend

A steady, orderly cooldown in Killeen home prices rather than a crash. Median values remain fundamentally stable in the low-$200Ks while the market rebalances.

The Opportunity

Balanced markets reward preparation. Whether buying or selling, local expertise and a clear pricing strategy are the difference-makers.

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★ Frequently Asked Questions

Are home prices in Killeen going down?

Yes - Killeen home prices have eased about 12% over the past two years, from $238,000 in May 2024 to $209,500 in April 2026. The decline has been gradual and orderly rather than a sharp correction, with prices holding in the low-to-mid $200Ks throughout.

Is now a good time to buy a home in Killeen?

Conditions have shifted in buyers' favor. With more inventory and around 5 months of supply, buyers have more selection and greater negotiating leverage than they have had in years - particularly VA-eligible buyers in the Fort Hood area.

What does "months of inventory" mean?

It estimates how long it would take to sell all current listings at the present sales pace. Under about 4 months favors sellers; 5 to 6 months is considered balanced. Killeen is now around 5.18 months - a balanced market.

Where does this data come from?

Figures are drawn from the Texas Real Estate Research Center at Texas A&M University for the Killeen Local Market Area. You can view the source data here.

Sources & More Information:

Data extracted from the Texas Real Estate Research Center at Texas A&M University - Killeen Housing Activity.

For personalized guidance on the Killeen and Greater Fort Hood market, visit HomevetsRealty.com.