The Killeen real estate landscape experienced a notable shift in June, with both home sales and median prices seeing a slight downturn, signaling a dynamic period for the Central Texas housing market. This recent dip offers a crucial snapshot into the evolving home sales trends affecting various localities within the metropolitan statistical area.

Data reveals a moderate decrease in the number of homes sold, dropping from 630 units in May to 608 in June. This 22-home reduction represents approximately a 3.5% month-over-month decline, according to figures from the Texas Real Estate Research Center, reflecting a cautious adjustment in the immediate market.

Concurrently, the median housing price in the region also followed a similar downward trajectory. After standing at $275,000 in May, the median price eased to $272,500 in June, contributing to the broader narrative of cooling Texas property market conditions.

Despite the recent monthly slide, a year-over-year comparison presents a more positive outlook for the Killeen real estate sector. The area witnessed a healthy increase of over 50 homes sold from June of the previous year (549 units) to the 608 reported this June, indicating sustained growth over a longer timeframe.

However, this year-over-year surge in sales volume did not translate into higher median prices when compared to the previous year. Last June, the median sale price was approximately $280,000, underscoring that current values remain slightly lower despite an uptick in transaction numbers.

Within the metropolitan area, Temple surprisingly outpaced Killeen in home sales for the second consecutive month. Temple recorded 138 home sales, surpassing Killeen’s 126 units sold in June, a notable deviation from historical patterns where Killeen typically leads the regional market.

Affordability remains a key factor in different localities, with Copperas Cove housing presenting one of the most accessible price points. This city reported a median sale price of $205,000 in June, accompanying 43 home sales, making it a compelling option for budget-conscious buyers in the region.

In stark contrast, Harker Heights homes commanded the highest median sale price among major cities in the metro area, reaching an impressive $322,000. Despite selling the same number of homes as Copperas Cove (43 units), its premium pricing highlights diverse market segments within the broader Central Texas housing landscape.

Other cities like Belton and Nolanville also exceeded the area’s overall median sale price during June. Belton recorded a median price of $275,000, while Nolanville saw an even higher median of $309,600, showcasing varied market dynamics and property values across the region.