Temple Market Heat: How It Compares to Neighbors

Temple's median home price dropped to $234,730 in October, down 8.8% from the same month last year across 16 closed sales. This decline coincides with a 37.1% increase in days on market compared to October 2025, when homes sold in just 35 days on average. Today, properties take 48 days to close, reflecting a shift toward a more balanced pace of activity. ALEX Intelligence benchmarked Temple against its regional peers to contextualize these figures. While the broader Unlock MLS region shows a median price of $409,000 and a 56-day market time, Temple remains an entry-level market with a lower price point of $234,730. However, Temple homes are selling faster than the regional average, with a median close-to-original list ratio of 0.98 compared to 0.939 for the region. Compared to Bell County as a whole, Temple's median price is slightly lower at $234,730 versus $262,569, and its market moves faster with 48 days on market against 55 days county-wide. The share of homes selling below original list price in Temple stands at 62.5%, which is lower than the regional average of 83.5%. Current mortgage rates sit at 7.24% according to Freddie Mac data from late October. At this rate, a buyer purchasing a median-priced home with a 20% down payment faces a principal and interest payment of $1,280 monthly. A 3-2-1 buydown could reduce the first-year rate to 4.24%, lowering that initial payment to $923 for a total cost of $8,712 over three years. The market shows signs of cooling with new listings rising to 48 in October from 33 the prior month, while closed sales fell 38.5% from September. Despite these shifts, the local inventory remains tight relative to sales velocity, with approximately 5 months of supply available. Want to see this home? Call or text George at 713.918.9951 for a private showing. Coverage: most home sales in Temple 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