April 2025 Market Viewer: Single-Family Home Statistics in Killeen, Texas


April 2025 Market Viewer: Single-Family Home Statistics in Killeen, Texas


Market Status and Pricing

  • As of April 2025, Killeen’s housing market is classified as neutral, meaning prices are generally reasonable and homes stay on the market for a typical duration. This is a shift from the seller’s market seen in spring 2024.

  • The median sold price for single-family homes in Killeen was $240,866 in March 2025, reflecting a 2.1% increase year-over-year.

  • The median listing price in March 2025 was $244,900, with a median price per square foot of $142, remaining flat compared to the previous year.

  • Zillow reports the average home value at $218,563, down 1.8% over the past year.

Inventory and Sales Activity

  • Inventory rose to 1,036 homes for sale in April 2025, up 3.3% from March, continuing a trend of increasing supply.

  • In March 2025, there were 1,013 homes for sale, a 13.1% increase from February, indicating more options for buyers.

  • A total of 156 homes were sold or pending in March, up 20.9% month-over-month.

  • Of the homes sold in March, 44% went under asking price, 41% at asking, and 14% above asking, suggesting buyers have more negotiating power.

Days on Market

  • The average time on market was 70 days in March 2025, up from 58 days a year ago 21% increase-indicating homes are taking longer to sell.

  • About one-third of homes sold within 30 days, 35% sold within 30 to 90 days, and 29% took over 90 days to sell.

Price Trends by Bedroom Count (March 2025 vs. March 2024)

Bedrooms

Mar 2024 Price

Mar 2025 Price

Year-over-Year Change

1

$310,000

$260,000

-16.1%

2

$145,000

$140,000

-3.4%

3

$215,000

$210,000

-2.3%

4

$255,000

$270,000

+5.9%

5+

$366,000

$346,000

-5.5%


  • Notably, only four-bedroom homes saw a price increase, while other segments declined.

Neighborhood and Area Trends

  • Southwest Bell saw the largest annual price increase (+13.6%), while nearby cities like Harker Heights and Copperas Cove experienced declines.

  • The market in Killeen remains more stable than some surrounding areas, with only modest price fluctuations.

Market Takeaways

  • Killeen’s single-family home market in April 2025 is balanced, with increasing inventory and longer selling times giving buyers more leverage.

  • Prices are generally stable or slightly up, especially for larger homes, but most homes are selling at or below the asking price.

  • Sellers should price competitively and expect a longer selling process, while buyers have more options and negotiating power than in previous years.


📞 Contact me at 254-419-5073
📧 Email me at mrdavis324@outlook.com

🔗 Learn more & connect today: www.malcolm.homevetsrealty.com

Comments

Popular posts from this blog

Where Mortgage Rates

The Pros and Cons of buying a NEW CONSTRUCTION

Back-to-School, Back-to-House-Hunting: Why August Is a Great Time to Buy