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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

$331,752

AVERAGE PRICE OF 700 HOMES

$153,000

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,220,186

AVERAGE PRICE OF 24 MULTI-MILLION DOLLAR HOMES

$380,526

AVERAGE PRICE OF 103 NEWLY BUILT HOMES

$745,200

AVERAGE PRICE OF 12 HOMES WITH A POOL

$496,482

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $331,752
Avg Bedrooms 2.74 beds
Avg Bathrooms 1.84 baths

Average Price by Bedrooms

1 bedroom $60,000
2 bedrooms $130,822
3 bedrooms $203,112
4 bedrooms $300,668
5 bedrooms $374,022
Killeen Home Price Trends
  12/2021 11/2021 10/2021 9/2021 8/2021
Total Listings 818 n/a 861 872 885
Average Price $338,271 n/a $313,567 $314,784 $286,669
Avg Price Change n/a n/a -0.39% +9.81% -1.94%
Median Price $226,947 n/a $224,254 $218,480 $217,931
Med Price Change n/a n/a +2.64% +0.25% +1.19%
Avg Bedrooms 2.71 beds n/a 2.76 beds 2.77 beds 2.86 beds
Avg Bathrooms 1.84 baths n/a 1.85 baths 1.85 baths 1.93 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ellison High School 84 $301,634 86 days
Harker Heights High School 63 $442,441 245 days
Killeen High School 59 $244,701 131 days
Shoemaker 1 $1,700,000 1,328 days
Shoemaker High School 87 $279,066 136 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 700 $331,752 130 days
Distressed Homes 3 $153,000 71 days
Multi-Million Dollar Homes 24 $2,220,186 385 days
Newly Built Homes 103 $380,526 191 days
Homes with a Pool 12 $745,200 67 days
Reduced Price Homes 6 $496,482 62 days