Killeen Market vs. Neighbors: Prices Down, Sales Up in September

Median home prices in Killeen dropped 6.6% year-over-year to $260,000 across 38 closed sales in September, even as transaction volume climbed 26.7% compared to the same month last year. This divergence highlights a market where affordability is driving activity while pricing adjusts downward relative to regional benchmarks. Killeen's median price of $260,000 remains significantly below the broader Unlock MLS region average of $405,000 and slightly under Bell County's median of $275,000. The local market also trades at a lower price per square foot ($159) compared to the regional average of $204, reflecting the city's distinct inventory mix. Days on market increased 25% year-over-year to 30 days, suggesting a slight cooling in pace despite higher sales volume. The share of homes selling below original list price fell to 47.4%, indicating that while prices are lower than last year, sellers are holding firm on current listings more often than they did in September 2025. Inventory levels show 4.73 months of supply, positioning the market closer to balanced conditions than a strict seller's or buyer's market. With 164 active listings and 38 closings last month, buyers have more choices than earlier in the year, though new construction continues to represent a significant portion of sales with 26 closed units. The data reflects a localized adjustment within the broader Central Texas market, where Killeen maintains its position as an entry-point city with distinct pricing dynamics compared to surrounding areas. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing. Coverage: most home sales in Killeen are listed in another MLS, which ALEX does not receive yet. The figures in this post count only sales listed in Unlock MLS (ABOR), so they describe part of the local market, not all of it. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog