Temple Home Values

Temple's inventory stretches from pre-war cottages near downtown to gated lakefront estates in The Enclave at Lake Belton. Mid-market subdivisions like Bella Terra, Alta Vista, Hills of Riverside, and Sage Meadows supply the bulk of turnkey single-family product -- mostly 2015-and-newer construction with open-concept layouts, granite kitchens, and luxury vinyl or ceramic plank flooring. Pockets of acreage along the Leon River and near Lake Belton add a rural dimension, while a visible layer of teardown and renovation candidates signals ongoing reinvestment in Temple's older core.

Homes in Temple took noticeably longer to find buyers in the most recent quarter, with the median time from list to close stretching to roughly four months — up from about three months over the trailing year. Based on MLS data for 2026-05 closings in Temple, price per square foot held near $164, a modest figure that sits slightly above the annual baseline, while the median sale price came in around $262,000. Sellers gave back just over seven cents on the dollar at closing, and nearly six in ten transactions included concessions, with the typical concession averaging around $9,500. The data directionally suggests a market where buyers are taking their time.

The pipeline in Temple reflects a market where supply has outpaced demand for an extended stretch. With roughly 96 active listings against only 17 pending contracts, absorption has slowed sharply — a ratio that directionally points toward continued buyer advantage in the near term. Months of supply has edged toward twelve and a half, well above the threshold that typically signals a buyer's market. New listing activity added 58 homes to the pool over the quarter, sustaining pressure on the demand side as pending volume remains thin.