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Featured local agent — Temple, TX

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Temple, TX

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Temple, TX(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Temple, TX Housing Market & Real Estate

Leaning buyer's-8.8% YoY

Housing market overview · Updated monthly ·

$265,000median sale price

How is the Temple, TX housing market right now?

The median home sale price in Temple, TX is $265,000, down 8.8% year-over-year. Homes sell in an average of 72 days with 654 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Temple a buyer's or seller's market?

Leaning buyer's4.2 months of supply72 avg. days on market

Temple, TX is currently a leaning buyer's, based on 4.2 months of supply and homes selling in about 72 days. How we determine this →

Homes sold

156

Last 12 weeks

Days on market

72

Average pace

Active listings

654

4.2 months supply

Sale-to-list

98.2%

Below asking

What does the Temple housing market data show?

Current housing market statistics for Temple, TX
MetricValue
Median sale price$265,000
Median list price$274,894
Year-over-year price change-8.8%
Average days on market72 days
Active inventory654 listings
Months of supply4.2 months
Sale-to-list price ratio98.2%
Median price per sq ft$155/sq ft
Homes sold (latest month)156
New listings (latest month)182
Listings with a price cut32.4%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Temple by property type?

How the Temple, TX market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Temple, TX
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$265,000$154/sq ft15371 days
Condo / Co-op$127,500$89/sq ft199 days
Townhouse$246,670$170/sq ft2175 days

Source: Redfin · Updated monthly

The Temple housing market is currently classified as a leaning buyer's with a median sale price of $265,000. Prices have fallen 8.8% compared to last year, with homes spending an average of 72 days on market, indicating 4.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.8x provides context for how home values compare to local earning capacity.

Homes for sale in Temple

There are currently 654 homes listed for sale in Temple, Texas. The median listing price is $275K.

Active listings

654

Homes on market

Median list price

$275K

Avg. days on market

72

Days until sale

New this week

182

Newly listed

Price drops:32.4%of listings
Sale-to-list:98.2%

Who lives in Temple?

Population

86,358

Median income

$64,945/yr

Median age

33.8 years

Owner-occupied

52.9%

College grads

29.5%

Avg commute

21.5 min

Source: U.S. Census Bureau ACS

What are homes worth in Temple?

Zillow home value

$249,750

Zillow rent index

$1,428/mo

Price-to-rent ratio

14.6x

Price-to-income

3.8x

Source: Zillow Research

What is it like to live in Temple?

Temple is a community of approximately 86K residents with a median age of 33.8 years.The median household income is $64,945, which represents a working-class community with solid middle-income opportunities. 29.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 52.9%, showing a blend of owner and renter-occupied properties. The average commute time is 21.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Temple offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Temple?

24 schools tracked · 15,390 students

The largest public schools serving Temple, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

TEMPLE H S

Grades 8-12 · 2,342 students

Public

LAKE BELTON H S

Grades 9-12 · 2,269 students

Public

NORTH BELTON MIDDLE

Grades 6-8 · 919 students

Public

LAKE BELTON MIDDLE

Grades 6-8 · 812 students

Public

THORNTON EL

Grades PK-5 · 740 students

Public

TRAVIS SCIENCE ACADEMY

Grades 6-8 · 687 students

Public

HIGH POINT EL

Grades K-5 · 645 students

Public

BONHAM MIDDLE

Grades 6-8 · 636 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Temple, TX?

Want a head-to-head view? Compare Temple side-by-side with any other U.S. city using our market-comparison tool.

Is Temple a good real estate investment market?

For investors evaluating Temple, the price-to-rent ratio of 14.6x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 8.8% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Temple's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Temple's median home price.

Frequently asked questions

What is the average home price in Temple?

The median home sale price in Temple is $265,000, down 8.8% from last year.

How long do homes stay on market in Temple?

Homes typically spend 72 days on market before going under contract.

What is the median income in Temple?

The median household income is $64,945 per year.

Is Temple a buyer's or seller's market?

With 4.2 months of supply, Temple is currently a leaning buyer's.

What is the Zillow home value estimate for Temple?

The Zillow Home Value Index (ZHVI) for Temple is $249,750, representing the typical home value in the area.

What is the median condo price in Temple?

The median condo/co-op sale price in Temple, TX is $127,500, compared to $265,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Temple?

The median single-family home price in Temple, TX is $265,000 (about $154 per square foot).

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