Temple, TX Homes for Sale & Real Estate Listings

As of January 2025, home prices in Temple, TX saw a 2.3% increase compared to the same period last year, with the median sale price rising to $281K. However, homes are taking longer to sell, spending an average of 87 days on the market, up from 76 days in January 2024. Additionally, the number of homes sold declined, with 66 properties closing this year, down from 84 sales last year, indicating a potential shift in market activity. These trends suggest a more competitive environment for sellers, while buyers may have slightly more negotiating power.

Temple’s real estate market remains somewhat competitive, with homes typically selling in 86.5 days. While the average home sells for about 2% below the list price and goes pending in around 87 days, more desirable properties tend to attract multiple offers. Hot homes, in particular, can sell at or near the list price and go pending in as little as 37 days, indicating strong demand for well-priced, move-in-ready properties. This mix of conditions suggests that while buyers may have some room for negotiation, sellers with highly sought-after homes can still secure competitive offers.

As of January 2025, Temple, TX is experiencing a buyer’s market, meaning the supply of homes outweighs buyer demand. With more properties available than active buyers, home shoppers may have greater negotiation power, potentially securing deals below the listing price or with favorable terms. This shift also suggests that sellers may need to adjust pricing strategies or offer incentives to attract interest in a more competitive landscape.