Median Sales Price
Fort Hood area real estate values hit an all time high with a median sales price of $135,000.
As of 1/1/16, the inventory has dropped still further to 5.3 months, trending dangerously close to a seller’s market, though it still behaves as a buyer’s market.
Median List to Sell Ratio
What percent of the original list price do homes usually sell for? Foreclosures actually sell closer to the original list price because their price usually is already dramatically discounted.
96.7% for Owner Sales
98.0% for Foreclosure Sales
Geographic Home Value Distribution
The chart below shows, by region, the percentage of homes sold in each $25,000 price range. For example, over 40% of homes sold in N Killeen (76541) were between $25,000 and $50,000. Using this graph you can grasp what kind of price ranges comprise each market. Killeen is divided by ZIP Code.
No surprise, March – July are hot months for homes going under contract – good for sellers, bad for buyers.
Killeen – Harker Heights – Copperas Cove Home Value Trends
Days on Market: 119
# Sold: 1710
% Foreclosures: 19.5%
Days on Market: 128
# Sold: 442
% Foreclosures: 9.7%
Days on Market: 114
# Sold: 498
% Foreclosures: 19.1%