76566
Killeen, Texas
Killeen 76566 needs watching.
The 76566 ZIP code in Killeen, Texas has a median sale price of $608K, down N/A year-over-year. Homes spend an average of 174 days on market, with 100% of homes selling above list price.
Folio's PropIQ™ score of 57 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 76566.
The 76566 ZIP code presents a puzzling dynamic with a $608,300 median sale price that has remained flat year-over-year despite extended market time. Properties are averaging 174 days on market, nearly three times the typical pre-2022 velocity, yet every home is selling above list price. This contradiction suggests either highly selective buyer activity in a niche price tier or data reflecting a small sample size where premium properties dominate transactions while mid-tier inventory stagnates.
Patient buyers with financing secured benefit most from the 174-day average market time, as extended listing periods create negotiation leverage despite the above-list statistic. Sellers of differentiated properties can still command premiums, but the flat year-over-year pricing indicates zero appreciation gains for those who purchased twelve months ago. This environment penalizes speculative investors and sellers needing quick exits, while rewarding those who can wait for the specific buyer willing to pay above ask for the right property.
The PropIQ score of 57 signals caution, aligning with the stagnant pricing and extended days on market that indicate neither strong bullish nor bearish momentum. Market participants should monitor whether the 174-day average begins contracting, which would validate the above-list pricing trend, or expanding further, which would likely force the current price ceiling lower. The flat year-over-year change suggests 76566 has reached a temporary equilibrium that requires external catalysts—employment shifts, inventory increases, or rate changes—to break directionally.
What is the median home price in 76566 Killeen?
The median sale price in 76566 is $608K, down N/A year-over-year as of 2023-08-31.
How long do homes stay on the market in Killeen 76566?
Homes in 76566 Killeen spend an average of 174 days on market before going under contract.
Is Killeen 76566 a good place to invest in real estate?
Folio's PropIQ™ score for 76566 is 57/100 — a Caution signal. 100% of homes sold above asking.
What does a PropIQ™ score of 57 mean for 76566?
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 57 = Caution in 76566 Killeen, Texas.