Killeen FHA Loan Rates, Closing Costs & Stats

KILLEEN-TEMPLE, TX

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    • FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

    FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

    While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

    For additional requirements as defined by the FHA, click here.

    Killeen's 131 lenders originated 1,428 FHA loans during 2024. The total origination value was $364,720,000, with an average FHA loan value of $255,406.

    Killeen FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Killeen averaged 6.58% for the week of 2025-05-23, compared to the national average (all FHA variants) of 6.612% for the same period.

    Killeen's average FHA mortgage closing costs are $7,505.

    The average rate for the prior week (2025-05-16) was 6.41% and one month ago for the week of 2025-04-18, the average rate was 6.13%.

    The average rate one year ago was 6.51%.

    For refis of the same type during the week of 2025-05-23, the average rate was 6.29%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Killeen FHA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Killeen level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 259 6.72% $7,843
    DHI MORTGAGE COMPANY, LTD. 233 4.80% $8,598
    First National Bank Texas 102 6.09% $11,084
    CMG MORTGAGE, INC. 81 6.32% $13,284
    UNITED WHOLESALE MORTGAGE, LLC 72 6.01% $12,689
    SWBC MORTGAGE CORPORATION 50 6.30% $6,866
    Mortgage Research Center, LLC 27 6.22% $6,801
    HOMESIDE FINANCIAL, LLC 21 6.41% $13,052
    Wolfe Financial, Inc 19 6.69% $11,310
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 19 6.30% $7,512
    QUICKEN LOANS, LLC 18 6.42% $10,100
    FIRST CONTINENTAL MORTGAGE, LTD. 17 5.10% $5,400
    GUILD MORTGAGE COMPANY 17 6.37% $10,352
    PLAZA HOME MORTGAGE, INC. 16 6.54% $10,840
    FREEDOM MORTGAGE CORPORATION 14 6.03% $13,240
    CROSSCOUNTRY MORTGAGE, LLC 13 6.99% $12,107
    BancorpSouth 12 6.14% $10,497
    BROKER SOLUTIONS, INC. 12 6.79% $11,006
    CARDINAL FINANCIAL 12 6.33% $14,458
    SeaTrust Mortgage Company 10 6.41% $12,934
    Flagstar Bank, FSB 9 6.06% $10,088
    KBHS HOME LOANS, LLC 9 6.02% $8,777
    Gateway First Bank 8 6.64% $13,371
    UNIVERSITY Federal Credit Union 8 6.02% $10,846
    PENNYMAC LOAN SERVICES, LLC 8 6.00% $10,368
    NEWREZ LLC 8 6.42% $7,187
    Network Funding, L.P. 8 6.39% $14,469
    Equity Prime Mortgage LLC 8 7.28% $11,229
    SECURITYNATIONAL MORTGAGE COMPANY 7 6.79% $14,035
    SENTE MORTGAGE, INC. 7 6.84% $10,727
    MUTUAL OF OMAHA MORTGAGE, INC. 7 6.73% $9,665
    Wallick & Volk, Inc. 6 6.19% $7,147
    AMERICAN PACIFIC MORTGAGE CORPORATION 6 6.42% $16,559
    NATIONS RELIABLE LENDING, LLC 6 6.72% $12,394
    GARDNER FINANCIAL SERVICES, LTD. 6 6.54% $10,977
    MORTGAGE SOLUTIONS OF COLORADO, LLC 6 7.27% $8,793
    LAKEVIEW LOAN SERVICING, LLC 6 6.46% $7,965
    Lakeview Community Capital, LLC 6 6.33% $8,039
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 6 6.88% $7,270
    Plains Commerce Bank 6 6.54% $11,834
    MOVEMENT MORTGAGE, LLC 5 6.12% $12,321
    EVERETT FINANCIAL, INC. 5 6.40% $12,139
    Paramount Residential Mortgage Group, Inc. 4 5.91% $11,621
    SUMMIT FUNDING, INC. 4 6.28% $12,017
    AMERICAN FINANCIAL NETWORK, INC. 4 6.44% $12,256
    First United Bank and Trust Company 4 6.09% $15,735
    Extraco Banks 4 6.19% $9,367
    CORNERSTONE HOME LENDING, INC. 4 6.25% $11,441
    INTERLINC MORTGAGE SERVICES, LLC 4 4.99% $10,759
    SOUTHWEST FUNDING, LP 4 6.78% $11,542
    ZILLOW HOME LOANS, LLC 3 6.29% $11,539
    BOKF 3 6.75% $13,789
    Century Mortgage Company DBA Century Lending Company 3 5.92% $16,699
    CHURCHILL MORTGAGE CORPORATION 3 6.92% $13,268
    ENVOY MORTGAGE, LTD 3 6.50% $11,889
    GENEVA FINANCIAL, LLC 3 6.50% $12,673
    GUARANTEED RATE, INC. 3 5.68% $10,500
    JPMorgan Chase Bank 3 6.46% $8,220
    MLD MORTGAGE INC. 3 6.79% $9,238
    MORTGAGE FINANCIAL SERVICES, LLC 3 7.25% $12,726
    Mr. Cooper ( Nationstar Mortgage ) 3 6.75% $7,685
    PLANET HOME LENDING, LLC 3 6.25% $6,762
    V.I.P. MORTGAGE, INC. 3 6.50% $13,429
    FBC MORTGAGE, LLC 2 5.88% $14,014
    DEVELOPER'S MORTGAGE COMPANY 2 7.00% $8,296
    DAS Acquisition Company, LLC 2 6.44% $12,175
    SUN WEST MORTGAGE COMPANY, INC. 2 6.50% $11,001
    LOANDEPOT.COM, LLC 2 6.50% $9,056
    LOANPEOPLE, LLC 2 6.44% $12,214
    PULTE MORTGAGE LLC 2 4.13% $5,820
    LAND HOME FINANCIAL SERVICES, INC. 2 6.56% $12,889
    COUNTRYPLACE MORTGAGE, LTD. 2 4.75% $10,755
    Cornerstone First Mortgage, Inc 2 6.06% $13,838
    PENTAGON FEDERAL CREDIT UNION 2 5.88% $8,628
    S1L, Inc. 2 6.88% $13,767
    CANOPY MORTGAGE, LLC 2 7.06% $11,592
    PILGRIM MORTGAGE LLC 2 6.94% $9,845
    VILLAGE CAPITAL MORTGAGE 2 6.81% $7,581
    Waterstone Mortgage Corporation 2 6.88% $13,008
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 6.44% $11,747
    Hometown Equity Mortgage, LLC 2 6.75% $8,510
    SFMC, LP 2 6.69% $11,491
    GUARANTEED RATE AFFINITY, LLC 2 6.63% $9,576
    First Bank 2 6.25% $18,373
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.13% $10,798
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.00% $15,083
    Prosperity Bank 1 5.50% $17,334
    CASTLE & COOKE MORTGAGE, LLC 1 7.25% $10,874
    RB MORTGAGE LLC 1 6.50% $5,066
    Republic State Mortgage Co. 1 6.25% $11,846
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 1 6.99% $7,189
    BETTER MORTGAGE CORPORATION 1 5.00% $13,041
    BAY EQUITY LLC 1 6.25% $6,786
    Sierra Pacific Mortgage Company, Inc. 1 5.99% $14,317
    Barrington Bank & Trust Company, N.A. 1 5.75% $10,212
    Bank of America 1 7.00% $9,843
    Sunflower Bank 1 7.13% $14,452
    AmeriHome Mortgage Company, LLC 1 6.50% $10,328
    T2 FINANCIAL LLC 1 7.38% $9,187
    Texas Mortgage Lending, LLC 1 6.13% $8,392
    TEXAS TECH 1 6.25% $9,210
    The Central Trust Bank 1 6.25% $12,068
    TOWNE MORTGAGE COMPANY 1 6.75% $13,539
    Trinity Oaks Mortgage, LLC 1 5.63% $17,434
    UNION HOME MORTGAGE CORP. 1 6.63% $14,418
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.75% $15,500
    ALTRA 1 5.75% $7,782
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.75% $18,107
    INTERCAP LENDING INC. 1 5.50% $15,388
    GSF Mortgage Corporation 1 6.00% $9,488
    A+ Federal Credit Union 1 6.50% $10,328
    First Financial Bank 1 6.50% $13,590
    FIRST COMMUNITY MORTGAGE, INC. 1 6.75% $10,147
    LEGEND LENDING CORPORATION 1 6.63% $10,903
    Loan Simple, Inc. 1 6.13% $14,758
    Merchants Bank of Indiana 1 6.50% $13,318
    MID AMERICA MORTGAGE, INC. 1 6.63% $14,529
    Alcova Mortgage LLC 1 5.25% $9,264
    Encompass Lending Group, LP 1 6.75% $9,920
    Wells Fargo Bank 1 5.63% $11,990
    East Coast Capital Corp. 1 6.75% $18,269
    EAGLE HOME MORTGAGE, LLC 1 4.75% $10,398
    NBH Bank 1 7.63% $10,206
    NBKC BANK 1 5.49% $12,992
    NFM, INC. 1 5.63% $19,183
    NP, Inc. 1 6.75% $7,885
    PANORAMA MORTGAGE GROUP, LLC 1 7.38% $12,747
    COMPASS MORTGAGE, INC. 1 6.75% $15,011
    Affiliated Bank 1 7.00% $14,542
    CITY FIRST MORTGAGE SERVICES, L.L.C. 1 6.50% $11,010
    PREMIA MORTGAGE, LLC 1 5.63% $8,658

    The top Killeen FHA lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 259 FHA loans originated. Their average total fees are $7,843, which is $755 lower than the next largest lender, DHI MORTGAGE COMPANY, LTD..

    The lowest fee Killeen FHA lenders (with over 10 loans originated) are FIRST CONTINENTAL MORTGAGE, LTD. ($5,400), Mortgage Research Center, LLC ($6,801), SWBC MORTGAGE CORPORATION ($6,866), ARK-LA-TEX FINANCIAL SERVICES, LLC. ($7,512) and FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($7,843).

    The lowest rate Killeen FHA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (4.80%), FIRST CONTINENTAL MORTGAGE, LTD. (5.10%), UNITED WHOLESALE MORTGAGE, LLC (6.01%), FREEDOM MORTGAGE CORPORATION (6.03%) and First National Bank Texas (6.09%).

    Killeen FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    KILLEEN-TEMPLE, TX BELL 2022 $420,680 $538,650 $651,050 $809,150
    KILLEEN-TEMPLE, TX CORYELL 2022 $420,680 $538,650 $651,050 $809,150
    KILLEEN-TEMPLE, TX LAMPASAS 2022 $420,680 $538,650 $651,050 $809,150
    KILLEEN-TEMPLE, TX BELL 2023 $472,030 $604,400 $730,525 $907,900
    KILLEEN-TEMPLE, TX CORYELL 2023 $472,030 $604,400 $730,525 $907,900
    KILLEEN-TEMPLE, TX LAMPASAS 2023 $472,030 $604,400 $730,525 $907,900

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Killeen (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $189,175 (11.6%) $219,818 (11.9%) 0.70 1,408
    2018-02-01 $189,818 (11.0%) $224,207 (13.1%) 0.69 1,388
    2018-03-01 $190,225 (8.5%) $227,093 (12.5%) 0.67 1,404
    2018-04-01 $199,913 (10.6%) $234,341 (12.3%) 0.68 1,371
    2018-05-01 $207,498 (14.3%) $245,646 (16.9%) 0.69 1,368
    2018-06-01 $210,000 (17.0%) $249,536 (18.2%) 0.70 1,439
    2018-07-01 $215,522 (20.5%) $252,545 (20.3%) 0.72 1,439
    2018-08-01 $205,925 (16.0%) $244,946 (17.6%) 0.69 1,486
    2018-09-01 $209,755 (19.7%) $242,166 (16.0%) 0.71 1,538
    2018-10-01 $199,950 (12.2%) $235,909 (12.8%) 0.68 1,507
    2018-11-01 $207,725 (16.1%) $235,297 (12.0%) 0.70 1,437
    2018-12-01 $209,900 (16.6%) $235,147 (9.9%) 0.72 1,371
    2019-01-01 $210,975 (11.5%) $238,515 (8.5%) 0.73 1,301
    2019-02-01 $218,425 (15.1%) $248,003 (10.6%) 0.74 1,221
    2019-03-01 $224,271 (17.9%) $255,539 (12.5%) 0.73 1,198
    2019-04-01 $230,000 (15.1%) $262,283 (11.9%) 0.73 1,191
    2019-05-01 $230,850 (11.3%) $266,010 (8.3%) 0.72 1,170
    2019-06-01 $229,900 (9.5%) $264,718 (6.1%) 0.72 1,257
    2019-07-01 $225,750 (4.8%) $262,193 (3.8%) 0.71 1,338
    2019-08-01 $226,091 (9.8%) $261,558 (6.8%) 0.72 1,346
    2019-09-01 $227,727 (8.6%) $264,069 (9.0%) 0.73 1,336
    2019-10-01 $228,818 (14.4%) $265,743 (12.7%) 0.74 1,330
    2019-11-01 $225,000 (8.3%) $267,659 (13.8%) 0.74 1,321
    2019-12-01 $220,450 (5.0%) $261,562 (11.2%) 0.74 1,273
    2020-01-01 $224,950 (6.6%) $262,480 (10.1%) 0.75 1,219
    2020-02-01 $225,000 (3.0%) $264,544 (6.7%) 0.74 1,168
    2020-03-01 $224,975 (0.3%) $264,800 (3.6%) 0.71 1,200
    2020-04-01 $229,325 (-0.3%) $266,982 (1.8%) 0.72 1,189
    2020-05-01 $234,900 (1.8%) $276,558 (4.0%) 0.71 1,033
    2020-06-01 $241,975 (5.3%) $287,048 (8.4%) 0.71 893
    2020-07-01 $244,175 (8.2%) $288,121 (9.9%) 0.71 786
    2020-08-01 $249,000 (10.1%) $298,993 (14.3%) 0.71 716
    2020-09-01 $240,911 (5.8%) $291,424 (10.4%) 0.69 638
    2020-10-01 $239,450 (4.7%) $290,507 (9.3%) 0.69 567
    2020-11-01 $245,949 (9.3%) $299,061 (11.7%) 0.72 535
    2020-12-01 $243,300 (10.4%) $290,518 (11.1%) 0.72 525
    2021-01-01 $245,500 (9.1%) $299,804 (14.2%) 0.73 439
    2021-02-01 $234,175 (4.1%) $299,650 (13.3%) 0.68 347
    2021-03-01 $224,500 (-0.2%) $298,340 (12.7%) 0.64 349
    2021-04-01 $226,900 (-1.1%) $299,539 (12.2%) 0.61 354
    2021-05-01 $225,000 (-4.2%) $295,606 (6.9%) 0.60 358
    2021-06-01 $228,350 (-5.6%) $295,183 (2.8%) 0.60 390
    2021-07-01 $249,900 (2.3%) $311,592 (8.2%) 0.66 484
    2021-08-01 $254,900 (2.4%) $329,296 (10.1%) 0.68 521
    2021-09-01 $259,699 (7.8%) $346,066 (18.8%) 0.69 505
    2021-10-01 $275,000 (14.9%) $371,741 (28.0%) 0.73 514
    2021-11-01 $275,000 (11.8%) $393,032 (31.4%) 0.74 516
    2021-12-01 $269,000 (10.6%) $397,193 (36.7%) 0.73 485
    2022-01-01 $271,560 (10.6%) $413,973 (38.1%) 0.73 375
    2022-02-01 $283,875 (21.2%) $423,264 (41.3%) 0.74 329
    2022-03-01 $276,725 (23.3%) $412,366 (38.2%) 0.69 354
    2022-04-01 $293,000 (29.1%) $445,558 (48.8%) 0.70 410
    2022-05-01 $307,000 (36.4%) $447,301 (51.3%) 0.70 541
    2022-06-01 $314,000 (37.5%) $458,818 (55.4%) 0.70 700
    2022-07-01 $314,900 (26.0%) $445,056 (42.8%) 0.71 908
    2022-08-01 $310,635 (21.9%) $431,609 (31.1%) 0.72 1,179
    2022-09-01 $310,000 (19.4%) $418,711 (21.0%) 0.72 1,292
    2022-10-01 $315,000 (14.6%) $414,932 (11.6%) 0.74 1,391
    2022-11-01 $313,725 (14.1%) $406,339 (3.4%) 0.75 1,475
    2022-12-01 $308,400 (14.7%) $400,114 (0.7%) 0.76 1,465
    2023-01-01 $309,950 (14.1%) $399,404 (-3.5%) 0.77 1,366
    2023-02-01 $310,900 (9.5%) $398,579 (-5.8%) 0.75 1,301
    2023-03-01 $315,000 (13.8%) $402,680 (-2.4%) 0.74 1,306
    2023-04-01 $329,800 (12.6%) $416,108 (-6.6%) 0.77 1,271
    2023-05-01 $333,713 (8.7%) $432,817 (-3.2%) 0.76 1,337
    2023-06-01 $329,900 (5.1%) $422,167 (-8.0%) 0.74 1,463
    2023-07-01 $325,350 (3.3%) $417,057 (-6.3%) 0.74 1,623
    2023-08-01 $325,000 (4.6%) $417,808 (-3.2%) 0.75 1,688
    2023-09-01 $325,000 (4.8%) $408,595 (-2.4%) 0.76 1,769
    2023-10-01 $315,750 (0.2%) $400,214 (-3.6%) 0.74 1,932
    2023-11-01 $314,458 (0.2%) $394,079 (-3.0%) 0.75 1,958
    2023-12-01 $315,400 (2.3%) $396,896 (-0.8%) 0.77 1,832
    2024-01-01 $311,158 (0.4%) $391,080 (-2.1%) 0.76 1,746
    2024-02-01 $309,987 (-0.3%) $389,429 (-2.3%) 0.75 1,740
    2024-03-01 $314,900 (0.0%) $394,248 (-2.1%) 0.74 1,862
    2024-04-01 $319,250 (-3.2%) $404,726 (-2.7%) 0.74 1,965
    2024-05-01 $319,450 (-4.3%) $406,850 (-6.0%) 0.73 2,080
    2024-06-01 $316,250 (-4.1%) $401,452 (-4.9%) 0.72 2,106
    2024-07-01 $312,700 (-3.9%) $392,555 (-5.9%) 0.72 2,208
    2024-08-01 $307,275 (-5.5%) $379,995 (-9.1%) 0.71 2,226
    2024-09-01 $303,375 (-6.7%) $385,920 (-5.6%) 0.71 2,247
    2024-10-01 $300,000 (-5.0%) $382,564 (-4.4%) 0.71 2,328
    2024-11-01 $300,000 (-4.6%) $381,038 (-3.3%) 0.72 2,348
    2024-12-01 $299,636 (-5.0%) $380,214 (-4.2%) 0.74 2,246
    2025-01-01 $299,250 (-3.8%) $379,959 (-2.8%) 0.75 2,140
    2025-02-01 $299,000 (-3.5%) $380,052 (-2.4%) 0.73 2,148
    2025-03-01 $299,000 (-5.1%) $382,972 (-2.9%) 0.70 2,312
    2025-04-01 $301,025 (-5.7%) $393,346 (-2.8%) 0.70 2,433
    Killeen's median listing price for 2025-04-01 was $301,025, a difference of $-18,225 (-5.7%) versus the prior year and $2,025 versus the prior month.

    Killeen's median listing price comes in at 70% of the national average.

    Killeen's average listing price for 2025-04-01 was $393,346, a difference of $-11,380 (-2.8%) versus the prior year and $10,374 versus the prior month.

    For the 2025-04-01 period, Killeen had 2,433 MLS listings, a difference of 121 listings (5%) versus the prior month and 468 listings (24%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Killeen (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 71 days 2,036 sqft
    2018-02-01 67 days 2,059 sqft
    2018-03-01 57 days 2,061 sqft
    2018-04-01 51 days 2,069 sqft
    2018-05-01 48 days 2,083 sqft
    2018-06-01 47 days 2,088 sqft
    2018-07-01 51 days 2,100 sqft
    2018-08-01 51 days 2,064 sqft
    2018-09-01 51 days 2,066 sqft
    2018-10-01 60 days 2,058 sqft
    2018-11-01 67 days 2,081 sqft
    2018-12-01 71 days 2,068 sqft
    2019-01-01 74 days 2,074 sqft
    2019-02-01 70 days 2,094 sqft
    2019-03-01 60 days 2,109 sqft
    2019-04-01 45 days 2,124 sqft
    2019-05-01 45 days 2,138 sqft
    2019-06-01 40 days 2,100 sqft
    2019-07-01 45 days 2,092 sqft
    2019-08-01 49 days 2,087 sqft
    2019-09-01 52 days 2,085 sqft
    2019-10-01 54 days 2,084 sqft
    2019-11-01 54 days 2,097 sqft
    2019-12-01 63 days 2,059 sqft
    2020-01-01 69 days 2,056 sqft
    2020-02-01 64 days 2,038 sqft
    2020-03-01 53 days 2,037 sqft
    2020-04-01 59 days 2,055 sqft
    2020-05-01 72 days 2,089 sqft
    2020-06-01 57 days 2,124 sqft
    2020-07-01 51 days 2,136 sqft
    2020-08-01 57 days 2,106 sqft
    2020-09-01 57 days 2,077 sqft
    2020-10-01 63 days 2,069 sqft
    2020-11-01 51 days 2,033 sqft
    2020-12-01 44 days 1,988 sqft
    2021-01-01 49 days 2,000 sqft
    2021-02-01 43 days 1,951 sqft
    2021-03-01 36 days 1,876 sqft
    2021-04-01 34 days 1,906 sqft
    2021-05-01 40 days 1,875 sqft
    2021-06-01 38 days 1,875 sqft
    2021-07-01 31 days 1,903 sqft
    2021-08-01 31 days 1,875 sqft
    2021-09-01 42 days 1,922 sqft
    2021-10-01 44 days 1,927 sqft
    2021-11-01 42 days 1,931 sqft
    2021-12-01 53 days 1,903 sqft
    2022-01-01 61 days 1,928 sqft
    2022-02-01 30 days 1,909 sqft
    2022-03-01 28 days 1,882 sqft
    2022-04-01 27 days 1,901 sqft
    2022-05-01 24 days 1,941 sqft
    2022-06-01 25 days 1,979 sqft
    2022-07-01 30 days 1,984 sqft
    2022-08-01 31 days 1,982 sqft
    2022-09-01 42 days 1,973 sqft
    2022-10-01 47 days 1,983 sqft
    2022-11-01 55 days 1,962 sqft
    2022-12-01 65 days 1,943 sqft
    2023-01-01 72 days 1,945 sqft
    2023-02-01 64 days 1,946 sqft
    2023-03-01 54 days 1,964 sqft
    2023-04-01 49 days 1,985 sqft
    2023-05-01 46 days 2,029 sqft
    2023-06-01 46 days 2,019 sqft
    2023-07-01 51 days 2,011 sqft
    2023-08-01 56 days 2,006 sqft
    2023-09-01 55 days 2,012 sqft
    2023-10-01 59 days 1,960 sqft
    2023-11-01 65 days 1,960 sqft
    2023-12-01 70 days 1,958 sqft
    2024-01-01 76 days 1,951 sqft
    2024-02-01 69 days 1,940 sqft
    2024-03-01 52 days 1,948 sqft
    2024-04-01 51 days 1,970 sqft
    2024-05-01 51 days 1,959 sqft
    2024-06-01 58 days 1,948 sqft
    2024-07-01 62 days 1,924 sqft
    2024-08-01 66 days 1,889 sqft
    2024-09-01 71 days 1,889 sqft
    2024-10-01 71 days 1,874 sqft
    2024-11-01 73 days 1,875 sqft
    2024-12-01 80 days 1,868 sqft
    2025-01-01 90 days 1,863 sqft
    2025-02-01 90 days 1,866 sqft
    2025-03-01 64 days 1,866 sqft
    2025-04-01 60 days 1,883 sqft
    Killeen's median listing age (time on market) for 2025-04-01 was 60 days. This is 17% longer than the same period one year ago.

    Killeen's median square footage for active listings during the 2025-04-01 period was 1,883 sqft. One year prior, the average listing was 1,970 sqft.

    FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).