The story of this market
The typical home in ZIP 76579 sells for about $235,000, or $142 per square foot.
Homes take about 64 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,208 a month.
ZIP 76579 — Troy
The housing market in the Killeen area is currently stable, characterized by moderate inventory levels and a median price point that reflects its role as a military-connected hub. Market activity is largely driven by relocation demand associated with the nearby base, maintaining a balanced environment for buyers and sellers.
This area primarily serves military families, civilian employees of the base, and budget-conscious buyers seeking affordable housing options in Central Texas.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 64 days on market with 5.1 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
The local economy is heavily influenced by the presence of Fort Cavazos (formerly Fort Hood), which serves as a primary economic anchor and driver of housing demand.
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).
The rental market is characterized by steady demand driven by military personnel and civilian support staff, with rents generally aligning with regional averages.
The economy is anchored by Fort Cavazos, with a mix of military-related services, retail, and local government employment.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.