Temple Real Estate Market Overview
Average Monthly Rent:
$1,041
Percentage Change in Home Price/Value:
35.7%
Median Home Value:
$284,900
Best Time To Sell Home:
December
Affordability Index:
150
Days To Sell House:
46
Job Market:
Fair
Public School Ranking:
28
Location & Weather
Temple is a small military city in east-central Texas, between Dallas and Austin. It sits at the intersection of Highway 35, and is in the northeastern part of Bell County. Temple is described as the perfect balance between family-friendly living and life in the big city. Ideal location, low crime rates, and plenty of opportunity for employment, entertainment, and leisure are some of what makes Temple so desirable for potential new residents.
Temple has very high temperatures in August and very low lows in the winter, although there’s rarely more than 0.1 inches of snow annually.
Population, Job Market & Cost of Living
Temple has a population of 85,261, with a growth rate of 2.74% annually. The job market here has increased by 1.9% over the last year. In ten years, job growth is predicted to be 37.7%. Both entrepreneurs and corporate headquarters make up Temple’s economy, with industries such manufacturing, business, support services, health and life sciences, as well as logistics and distribution dominating the job market here.
Some of the largest employers include Baylor Scott & White Health, McLane Group, Wilsonart International, and H-E-B Retail Distribution Center. Overall, Temple is an inexpensive city to live in, with exceedingly low housing and transportation expenses.