Housing

Searching in the Austin Texas Housing Market? Look No Further than Temple!

Temple, Texas, real estate and housing is ample and affordable, no matter what type of place you call home.

Historic bungalows and Victorian charmers to downtown lofts, Temple neighborhoods emit their own diverse, distinct personalities. First-time buyers are drawn to the city’s buzzing core and families appreciate kid-friendly areas that are only minutes from work, schools and shopping in Central Texas. 

Living in Temple means more choices for less money – much less. Temple home prices come in at 41% below the national average, making home ownership both appealing and attainable.

If you’re searching for a new home, it’s definitely worthwhile to open up your search outside of the Austin Texas Housing Market! Made up of eight neighborhoods, Temple Texas beats out Austin home prices with affordable listing prices, low mortgage interest rates, more square foot area, fewer foreclosures and a median listing price of $289.9K, according to Realtor.com (Feb 2023). 

The Austin, Texas housing market on the other hand follows suit of other major metropolitan areas when it comes to real estate, with higher asking prices and median sales prices almost double that of Temple. For first-time buyers, especially post-pandemic real estate frenzy, it’s crucial not to get caught in the seller’s market of Austin, and watch your dollar and home value go further in Temple. 

While homeowners make up most residents, plenty of locals enjoy the flexibility of leasing. Temple rents range from 36% to 46% less than the rest of the U.S. Looking to rent a home in Temple? Be sure to browse active listings, single-family homes for rent, price drops, and more! 

Whether buying or renting, Temple residents are able to make the most of a low cost of living, large housing inventory and fair housing prices, while having convenient access to nearby metros like Austin-Round Rock, San Antonio and Dallas. 

Average Home Prices
Temple-Belton Metro

2014$148,683
2015$160,125
2016$149,343
2017$160,414
2018$172,912

Average Rent for Home or Apartment
Temple

Studio$590
1 Bedroom$598
2 Bedrooms$783
3 Bedrooms$1,130
4 Bedrooms$1,373

Average Rent for Home or Apartment
Texas Metros

Houston$1,114
Dallas$1,242
San Antonio$1,041
Austin$1,442
Fort Worth$1,139
Temple$824
Rent Cafe | 2019

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