Killeen-Temple, TX Federal Housing Finance Agency Home Price Index (FHFA HPI)

The Killeen-Temple, TX, Federal Housing Finance Agency (FHFA) House Price Index (HPI) is a weighted, repeat-sales index measuring average price changes in single-family houses in the metropolitan statistical area (MSA). The HPI is a broad measure of the movement of single-family house prices and covers both new and existing houses.

The FHFA HPI for Killeen-Temple, TX was released with data through December 2020. The index value for December 2020 was 185.811, which is 4.1 percent higher than the index value for December 2019. This represents an increase in home prices in the Killeen-Temple MSA of 4.1 percent over the last 12 months.

Looking at home equity, homeowners in the Killeen-Temple MSA had an average of $131,732 in equity in their homes as of December 2020. This is an increase of $5,818 from December 2019, when homeowners had an average of $125,914 in equity. The increase in home equity over the last year represents a gain of 4.6 percent.