76550
Killeen, Texas
Killeen 76550 needs watching.
The 76550 ZIP code in Killeen, Texas has a median sale price of $305K, down -10.8% year-over-year. Homes spend an average of 182 days on market, with 6% of homes selling above list price.
Folio's PropIQ™ score of 51 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 76550.
The Killeen market in ZIP 76550 shows significant cooling, with the median sale price at $305,000 representing a 10.8% year-over-year decline. Homes are sitting for an average of 182 days, triple the inventory turnover rate seen in balanced markets. Only 6% of properties sell above list price, indicating buyers hold substantial negotiating leverage. This prolonged absorption period and downward price trajectory signal a decisive shift from the pandemic-era seller's market that dominated this region through 2024.
These conditions heavily favor patient buyers with financing secured and flexible timelines who can capitalize on reduced competition and softening prices. Investors seeking rental properties face opportunity cost considerations given the 182-day holding period, though declining acquisition costs may offset carrying expenses for long-term strategies. Sellers face challenging dynamics and should expect extended marketing periods and pricing concessions, particularly those without urgency or equity cushions to absorb further depreciation.
The PropIQ score of 51 reflects elevated caution, suggesting continued price pressure and inventory accumulation in coming months. Key metrics to monitor include further increases in days-on-market beyond 200 days and whether the year-over-year decline accelerates past 12-15%, which would indicate potential oversupply. The low above-list percentage suggests price discovery hasn't stabilized, warranting close observation of absorption rates through Q2 2026 before any reversal materializes.
What is the median home price in 76550 Killeen?
The median sale price in 76550 is $305K, down -10.8% year-over-year as of 2026-02-28.
How long do homes stay on the market in Killeen 76550?
Homes in 76550 Killeen spend an average of 182 days on market before going under contract.
Is Killeen 76550 a good place to invest in real estate?
Folio's PropIQ™ score for 76550 is 51/100 — a Caution signal. 6% of homes sold above asking.
What does a PropIQ™ score of 51 mean for 76550?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 51 = Caution in 76550 Killeen, Texas.