The Killeen Real Estate Market: A Buyer's Paradise in 2025

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The Killeen Real Estate Market: A Buyer's Paradise in 2025


As we navigate through the spring of 2025, the Killeen, Texas real estate market presents an exciting landscape for potential homebuyers. At Homevets Realty LLC, we're committed to providing our clients with the most up-to-date market insights. Let's dive into the current state of the Killeen housing market and what it means for you.

Current Market Status: Buyer's Market

As of March 2025, Killeen is experiencing a strong buyer's market. This shift from last year's conditions is significant for those looking to purchase a home in the area. In a buyer's market, we typically see more inventory, longer days on the market, and increased negotiating power for buyers.

Home Prices and Inventory

Despite being a buyer's market, we're seeing some interesting trends in home prices:

  • The median home value in Killeen is $217,566, down 1.3% over the past year.

  • Another source reports a median sold price of $246,500 in February 2025, up 4.6% from last year.

  • The median price per square foot stands at $138.


Inventory has seen a significant increase:

  • There were 916 homes for sale in February 2025, a 10.9% increase from January.

  • This inventory growth further supports the buyer's market conditions.

Market Dynamics

  • Homes in Killeen are selling after an average of 70 days on the market, up from 66 days last year.

  • About 43.1% of homes sold below the asking price last month, indicating opportunities for buyers to negotiate.

  • The market is described as "somewhat competitive," with homes receiving an average of 1 offer.

What This Means for Buyers and Sellers

For Buyers:

  • More options with increased inventory

  • Potential for negotiating better prices

  • Longer time on the market means less pressure to make quick decisions

For Sellers:

  • Need for competitive pricing strategies

  • Importance of home presentation and marketing

  • Patience may be required as homes take longer to sell

Looking Ahead

While we're currently in a buyer's market, real estate is always dynamic. The slight increase in median home prices in some reports suggests underlying strength in the market. This could indicate a potential shift in the future, making now an opportune time for buyers to act.

At Homevets Realty LLC, we're here to guide you through these market conditions. Whether you're a buyer looking to take advantage of the current market or a seller aiming to maximize your property's value, our team is ready to assist you in navigating the Killeen real estate landscape.

Remember, every real estate transaction is unique. For personalized advice on how these market conditions apply to your specific situation, don't hesitate to reach out to us at Homevets Realty LLC.


This blog is written by Malcolm Davis of Homevets Realty LLC.

Location: Killeen, TX, USA

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