Temple Real Estate Market Overview
Average Monthly Rent:
$823
Percentage Change in Home Price/Value:
5.3%
Median Home Value:
$155,481
Best Time To Sell Home:
August
Affordability Index:
Low
Days To Sell House:
57
Job Market:
Fair
Public School Ranking:
52
Selling a home in Temple, TX
As a resident in Temple, the most advantageous time to sell a home is during the months of June or August. During June, homes sell for 4.39% more than the yearly average. During August, home sales are up to 14 days quicker. If you’re unfamiliar with iBuying, it’s the best way to have both a profitable and short home sale. iBuyers have made a name for themselves in the real estate industry because they offer all cash, and will take care of the cleaning, staging, and marketing of a home. There’s no loan issues, no negotiating, and no stress over repairs or upgrades.
Location & Weather
Temple is found in Bell County, Texas. It lies near the county of Belton and is located off interstate 35. Temple is also in close proximity to the cities of Austin and Waco, which is where many residents and tourists travel to for either work or recreation. Temple is described as the perfect place to enjoy an out-door lifestyle, with the perks of a big city. Their job environment has provided residents with a variety of employment opportunities, which is why it has a lower than average unemployment rate. Temple is also home to highly rated educational opportunities and a variety of local shopping and dining experiences. If you’re a first time visitor of Temple, take a walk through Miller Springs park, surprise the kids with a trip to Lions Junction Family Water Park, and finish your day off with a drink at Texans Winery or the Moose & Goose Winery.
The weather in Temple is partly cloudy year-round, with muggy summers and cold winters. Summer temperatures have highs in the 90’s and lows in the 60’s, while winters have highs in the 60’s and lows in the 30’s.
Population, Job Market & Cost of Living
The population here is 79,110, and has a current growth rate of 1.84% annually. The job growth in Temple has increased by 1.9% over the last year and in ten years, is predicted to have increased by 37.7%. Several substantial industries to work for are manufacturing, business support services, health and life sciences, logistics, and distribution. Some of the biggest companies to work for here are Scott & White Health Plan, Wilsonart, City of Temple, Marine Outlet, and Texas Hydraulics. The cost of living in Temple is lower than the U.S. average, which means it’s a more affordable place to live.
Considering the increasing job growth, affordable cost of living, and educational opportunities here, it’s no wonder Temple continues to attract those looking to live in Texas.
