Find Your Ideal Property in Temple, TX
Popular searches in Temple, TX
Property types in Temple, TX
Homes by price in Temple, TX
Zip codes in Temple, TX
Top Schools in Temple, TX
About the Temple, TX Housing Market
Facts About Temple, TX Real Estate Market
- Median Listing Home Price: Homes currently listed in Temple have a median asking price of around $295,000, reflecting the area's affordability and continued demand from buyers seeking value close to Fort Cavazos.
- Median Days on Market: The average home in Temple stays on the market for about 41 days, showing steady activity without the intense competition seen in larger cities.
- Median Listing Price Per Square Foot: At approximately $162 per square foot, Temple offers excellent cost-efficiency for buyers compared to nearby metro areas.
- Active Listings: Temple typically has between 450–600 active residential listings, with options ranging from starter homes and new builds to rural properties on acreage.
- Median Rent: Monthly rent in Temple averages around $1,595 — offering a lower cost of living than major Texas metros and making homeownership a smarter option for many Military families using their VA loan benefits.
Why Buy a Home in Temple, TX?
Top Features of Homes in Temple
- Architectural Styles: You'll find everything from traditional ranch-style homes and brick builds to newly constructed single-story homes in master-planned communities.
- Neighborhood Amenities: Many Temple neighborhoods offer parks, walking trails, community pools, and proximity to top-rated schools and VA facilities.
- Price Range: Most homes in Temple range from the low $200Ks to the mid $400Ks, offering excellent affordability for buyers using VA loans or FHA financing.
- Energy Efficiency: Newer developments in Temple often include smart thermostats, energy-efficient appliances, and modern building codes that help lower monthly utility costs.
Real Estate Market Trends in Temple
- Home prices in Temple have seen steady appreciation, driven by population growth and demand from Military and Medical professionals relocating to the area.
- Inventory has remained moderate, with new construction keeping up with buyer interest across different price points.
- Spring and summer are typically the busiest seasons for Temple real estate, especially for families relocating on PCS orders or preparing for the school year.
Tips for Buying a Home in Temple
- Partner with a local Temple real estate agent who understands VA loan requirements, Military relocation timelines, and neighborhood-specific advantages.
- Get pre-approved early — this helps you act quickly in a market where well-priced homes can go under contract in just days.
- Explore different parts of the city, from new construction west of I-35 to more established neighborhoods near downtown or Baylor Scott & White Medical Center.
Top Neighborhoods and Schools in Temple, TX
Popular Neighborhoods in Temple, TX
| Neighborhood | Average Home Price | School Rating | Crime Rate | Local Amenities |
|---|---|---|---|---|
| Westfield | $295,000 | 8 | Low | New builds, shopping, BISD schools |
| Northwest Hills | $260,000 | 7 | Very Low | Quiet streets, parks, easy commute |
| Lake Pointe | $310,000 | 8 | Low | Lake Belton access, walking trails |
| Bentwood | $325,000 | 7 | Low | HOA amenities, modern construction |
| Alta Vista | $240,000 | 6 | Moderate | Affordable, close to downtown Temple |
| South Temple (Lions Park area) | $230,000 | 7 | Moderate | Parks, schools, walkability |
| Echo Village | $250,000 | 6 | Low | Entry-level homes, near VA hospital |
Related Resources
- VA Home Buying Guide: A step-by-step first-time buyer guide for Veterans including loan prep and PCS tips
- Temple Relocation Guide: Everything Military families need to know before moving to Temple
- Temple Market Reports: Track median prices, days on market, and buyer competition
Schools in Temple, TX
Elementary Schools in Temple
| School Name | Address | Student-Teacher Ratio | Total Students | GreatSchools Rating |
|---|---|---|---|---|
| Western Hills Elementary School | 5220 Thornton Ln, Temple, TX 76502 | 14:1 | 600 | 8 |
| Raye-Allen Elementary School | 5015 S 5th St, Temple, TX 76502 | 15:1 | 500 | 7 |
| Cater Elementary School | 4111 Hickory Rd, Temple, TX 76502 | 15:1 | 550 | 7 |
Middle Schools in Temple
| School Name | Address | Student-Teacher Ratio | Total Students | GreatSchools Rating |
|---|---|---|---|---|
| Bonham Middle School | 4600 Midway Dr, Temple, TX 76502 | 15:1 | 850 | 7 |
| Travis Middle School | 1551 S 25th St, Temple, TX 76504 | 16:1 | 800 | 6 |
High Schools in Temple
| School Name | Address | Student-Teacher Ratio | Total Students | GreatSchools Rating |
|---|---|---|---|---|
| Temple High School | 415 N 31st St, Temple, TX 76504 | 16:1 | 2,200 | 6 |
Frequently Asked Questions about Buying a Home in Temple, TX
As of early 2025, the median home price in Temple is around $295,000. This reflects steady growth fueled by population increases, proximity to Fort Cavazos, and demand from Veterans and first-time buyers looking for long-term value.
How much do I need for a down payment?
Many buyers in Temple — especially those using VA or FHA loans — are able to purchase with little or no money down. VA loans offer 100% financing for eligible Veterans, while FHA and conventional options may require as little as 3% to 5% down.
What are the typical closing costs in Temple?
Closing costs in Temple generally range from 2% to 5% of the home’s purchase price. These cover lender fees, title insurance, prepaid taxes, and other settlement charges. Some loan programs or sellers may help offset these costs.
Is it better to rent or buy in Temple?
Buying is often the better financial move in Temple, especially if you plan to stay a few years. With BAH-aligned mortgage payments, no PMI on VA loans, and property tax exemptions for qualified Veterans, homeownership builds equity and stability.
How competitive is the Temple housing market?
Temple’s market is active but not overly aggressive. Well-priced homes — especially newer builds and VA-eligible listings — may sell quickly, so getting pre-approved and working with a local agent gives you a strong advantage.
What credit score is needed to buy a home in Temple?
For VA loans, most lenders look for a score of 580–620. FHA loans may allow for similar ranges, while conventional loans typically require 620 or higher. A stronger score can mean better rates and more loan options.
Should I get pre-approved before house hunting?
Absolutely. Pre-approval helps define your budget, strengthens your offers, and shows sellers you’re ready to close. It’s especially important for Military families on a tight PCS timeline or those shopping in competitive neighborhoods.
What neighborhoods are best for first-time buyers in Temple?
Neighborhoods like Westfield, Alta Vista, and South Temple near Lions Park are popular among first-time buyers for their affordability, schools, and quick access to major roads and services.
Are there any first-time homebuyer programs in Temple?
Yes. In addition to VA and FHA loan options, Bell County and Texas statewide programs may offer down payment or closing cost assistance for qualifying buyers. Your lender or real estate agent can help you apply.
How long does it take to close on a home in Temple?
Most transactions in Temple close in about 30 to 45 days, depending on the type of loan, appraisal turnaround, and any repairs or negotiations during escrow.