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Killeen

Why you'd want to live in Killeen

Introduction to Killeen, Texas Killeen is located in Bell County. The economy of Killeen is strongly dependent on nearby Fort Hood and its soldiers. The military base is one of the largest in the country. History In 1881 the Gulf, Colorado and Santa Fe Railway constructed a railroad through the Central Texas area. The company established a town and named it Killeen in tribute to Frank P. Killeen who was the assistant general manager for the railroad. By 1884 the town had several general stores, a couple of grist mills, two cotton gins, a hotel and a lumberyard. The city became a prominent shipping location for grains, cotton and wool. By 1900 approximately 780 people resided in Killeen. In 1905 a noteworthy event occurred for the town when politicians as well as businessmen were able to persuade the Texas legislature to construct bridges over Cowhouse Creek and other streams which caused the city's trading area to double in size. In 1942 a major event occurred, when Camp Hood (later named Fort Hood in 1950) was constructed as a military training post during World War II. Soldiers and their families along with people working in construction migrated to Killeen which caused an enormous growth in the population. More than 300 farms and ranches were eliminated due to the land requirements of Camp Hood. The cotton gins and agricultural businesses were crushed. Providing services for the military personnel and the military base became major factors in the city's economy. When the vast majority of the military base personnel left the area after World War II ended, Killeen experienced a recession. However, Fort Hood became a permanent military base in 1950 and the economy began to thrive. via citytowninfo

Killeen Market Report

$361,583

AVERAGE PRICE OF 819 HOMES

$172,475

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,624,001

AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

$419,228

AVERAGE PRICE OF 154 NEWLY BUILT HOMES

$448,280

AVERAGE PRICE OF 54 HOMES WITH A POOL

$273,082

AVERAGE PRICE OF 29 REDUCED PRICE HOMES

Average Home

Average Price $361,583
Avg Bedrooms 2.93 beds
Avg Bathrooms 1.97 baths

Average Price by Bedrooms

1 bedroom $125,000
2 bedrooms $239,083
3 bedrooms $240,216
4 bedrooms $333,810
5 bedrooms $392,343
Killeen Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 867 908 897 892 885
Average Price $359,027 $360,523 $366,413 $355,092 $350,919
Avg Price Change -0.42% -1.63% +3.19% +1.19% n/a
Median Price $265,237 $266,882 $272,463 $271,293 $272,150
Med Price Change -0.62% -2.09% +0.43% -0.32% n/a
Avg Bedrooms 2.97 beds 3.01 beds 2.96 beds 2.87 beds 2.82 beds
Avg Bathrooms 1.98 baths 2.01 baths 1.98 baths 1.92 baths 1.89 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Chaparral High School 58 $384,576 79 days
Ellison High School 96 $300,462 99 days
Harker Heights High School 31 $436,487 396 days
Killeen High School 75 $271,805 104 days
Shoemaker High School 74 $292,561 60 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 819 $361,583 112 days
Distressed Homes 4 $172,475 111 days
Multi-Million Dollar Homes 25 $2,624,001 308 days
Newly Built Homes 154 $419,228 134 days
Homes with a Pool 54 $448,280 72 days
Reduced Price Homes 29 $273,082 50 days