The Killeen metropolitan area is experiencing a unique shift in its housing landscape. Unlike many U.S. metro regions, Killeen is building fewer multifamily housing units, favoring single-family homes instead. This trend is different from national patterns, where multifamily homes are growing because they are more affordable and easier to supply. Understanding these local trends can help homeowners, investors, and developers make smarter decisions in the region.

Killeen has fewer multifamily homes than most U.S. metro areas. Only about 24.8% of housing in the region is in multifamily buildings, which is below the Texas average of 28.3% and the national average of 28.6%. New multifamily construction is also declining. In 2023, one out of every three new homes in Killeen was a multifamily unit. By 2025, that number had dropped to 18.7%, going from 1,339 units in 2023 to 682 units in 2025. At the same time, single-family home construction is rising, increasing from 2,677 to 2,964 units over the same period.

Nationwide, multifamily homes are becoming more common because they are more affordable. In 2025, about 33.6% of new homes in the U.S. were multifamily, and 30% of new homes in Texas followed the same pattern. In Killeen, the average value of a single-family home in 2024 was $268,800, while multifamily units ranged from $99,000 to $123,000, depending on the type. Even though multifamily homes are cheaper, local builders continue focusing on single-family houses due to available land and traditional preferences.

Fewer apartments and multifamily homes are being built in the Killeen area because most new construction is happening in nearby Temple. Temple has more open land and space for new development, so builders can focus on single-family homes instead of high-density apartments. This shift also reflects how people are choosing to live: many prefer more spacious lots and quieter neighborhoods, which are easier to provide outside the crowded city center. As a result, developers in the Killeen metro area are meeting demand for single-family homes in these less-dense areas rather than building multifamily units.

Multifamily housing in the Killeen area is growing more slowly than in other parts of Texas and the U.S. Local preferences for single-family homes, population shifts, and available land all play a role. For anyone looking to invest, buy, or build in the area, understanding these trends can help guide smarter decisions.