Killeen Housing Market Report — Quarterly Update (August 2026)

I get asked “how’s the market right now?” almost daily — by families PCSing in who want to know if they should buy now or wait, and by folks getting ready to sell who want a realistic number, not a guess. Here’s an honest, sourced look at where the Killeen market actually stands heading into fall 2026, and what it means depending on which side of the transaction you’re on.

The Numbers

Over the three months ending June 2026, the median home sale price in Killeen was $235,000, down 3.3% compared to the same period last year (Redfin, Killeen Housing Market). Homes are taking a bit longer to sell too — a median of 64 days on market, up 4 days year-over-year — and closed sales came in at 471 for the period, down 7.8% from a year earlier.

Inventory tells the rest of the story: 1,363 active listings against 658 new listings and 471 closed sales works out to roughly 5.1 months of supply. That’s not deep into buyer’s-market territory (which usually starts around 6 months of supply), but it’s leaning that direction — more choices for buyers than we saw a couple of years ago, and less urgency to overbid.

What This Means If You’re Buying

A softening median price combined with slower days on market is good news if you’ve been priced out of Killeen in past years. You have more room to negotiate — on price, on closing costs, on repairs after inspection — than buyers had during the tighter markets of 2021–2023. If you’re PCSing in and trying to figure out what you can actually afford, run your numbers through our BAH Calculator and Off-Post Housing Guide before you start touring homes, and take a look at how Harker Heights, Killeen, and Copperas Cove actually compare if you haven’t settled on a neighborhood yet.

What This Means If You’re Selling

Sixty-four days on market is a real number to plan around — it’s not the 2021 market where homes went in a weekend. That doesn’t mean your home won’t sell well, but it does mean pricing accurately from day one matters more than it used to, since overpriced listings are the ones sitting well past that 64-day median. If you’re timing a sale around a PCS report date, I’ve written specifically about how that timeline pressure interacts with the broader seasonal market in Selling During PCS Season: Why May–August Cuts Both Ways — worth reading alongside this update. Start with a real home valuation rather than an app estimate before you set your list price.

A Note on These Numbers

These figures come from Redfin’s rolling three-month city-level data for Killeen, representing market-wide context rather than a valuation for any specific property or neighborhood. Killeen ISD, Fort Cavazos proximity, and individual subdivision conditions can all move a specific home’s value up or down from the citywide median — which is exactly why a market report is a starting point for a conversation, not a substitute for one.

This Is the First of a Recurring Series

I’ll be updating this report each quarter so you always have a current, honest read on the Killeen market rather than a stale statistic from a year-old post. If you want financing numbers alongside the market data, our mortgage calculator is a good companion tool.

Want the Real Story Behind the Numbers?

Citywide medians only tell you so much. If you want to know what’s actually happening on your specific street, in your specific price range, or for your specific PCS timeline, reach out — that’s the conversation I’d genuinely rather have with you than let a market report speak for itself.

Sources: Redfin, Killeen, TX Housing Market, three months ending June 2026 — the most recent figures available at time of publication. Real estate data updates monthly; always confirm current figures before making a pricing decision.

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