The story of this market
The typical home in ZIP 76554 sells for about $260,000, or $129 per square foot.
Prices are down 8.2% from a year ago, which gives buyers more room to negotiate. Homes take about 57 days to sell. HUD's fair market rent for a two-bedroom is $1,346 a month.
ZIP 76554 — Little River-Academy
The housing market in the 76554 area is currently experiencing a cooling phase, with median prices showing a year-over-year decline. Elevated inventory levels and longer days on market reflect a shift toward a more buyer-friendly environment compared to previous years. Market activity remains heavily influenced by the broader Killeen-Temple economic landscape and defense-sector stability.
This area is well-suited for military families, commuters, and budget-conscious buyers seeking proximity to the Killeen-Temple employment core.
Median prices moved down 8.2% year over year.
Homes spend a median of 57 days on market with 4.7 months of supply — a balanced-paced market.
20% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 7.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 76554, Bell County TX
The area is served by the Killeen Independent School District, which maintains a broad range of elementary, middle, and high school facilities.
The region is subject to standard Texas climate risks, including potential for severe thunderstorms and heat-related weather events.
Economic momentum is tied to the Killeen-Temple metropolitan area, heavily influenced by the presence of Fort Cavazos and associated defense-sector support industries.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Residents primarily rely on personal vehicles for commuting, with access to major regional corridors connecting to the broader Killeen-Temple employment hub.
The area offers access to local parks and community spaces, with proximity to regional lakes and outdoor recreation opportunities in the Bell County area.
The rental market is characterized by moderate vacancy pressure and steady demand, influenced by the transient nature of the local military-adjacent workforce.
The economy is anchored by the defense sector, specifically Fort Cavazos, supported by retail, healthcare, and education services.
Transportation is primarily highway-dependent, with regional connectivity provided by major state routes serving the Killeen-Temple metro area.
Development is focused on residential expansion and infrastructure improvements to support the growing population in the Killeen-Temple corridor.
The Bell County Appraisal District manages property assessments for the area, following standard Texas property tax code procedures.
Parcels are subject to Killeen Independent School District taxes and applicable county-level special district assessments.
Property insurance premiums in the region are influenced by Texas-wide hazard exposure, including wind and hail risks.
Texas operates as a non-judicial foreclosure state, allowing for expedited processes under the deed of trust.
Texas law requires sellers to provide a written disclosure notice regarding the condition of the property to potential buyers.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Provides neighborhood-level green space and outdoor activity areas.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.