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Housing in Copperas Cove · A balanced market

A typical Copperas Cove home is worth about $228,000

About the same as a year ago, 24% below the Texas typical home. Homes typically sell in 59 days, below asking.

Typical home value
$228K
▲ 0% in a year · TX $299K
Zillow
Median sale price
$242K
May 2026 · Redfin
Days on market
59
Slower than TX (56)
Sale-to-list
98.5%
Homes sell below asking
Homes sold
53
in May · 261 for sale
2-bedroom rent
$1,190
a month, utilities in · HUD
Median tax bill
$3,025
TX $4,232

What kind of housing town is Copperas Cove?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 3.2 years of income

Less than across Texas (3.8 years). Try your own numbers below.

You could afford about
$249,000
Typical Copperas Cove home $228K

That covers a typical Copperas Cove home, with $22K to spare.

The typical home, each month
$1,510
Loan $1,130Tax $320Insurance $70

A two-bedroom rents for about $1,190 a month here, $320 less than owning.

How Copperas Cove ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Copperas Cove’s typical property tax (1.68% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Up 21.1% in five years

Faster than Texas (11.1%).

Copperas CoveTexas
$100K$150K$200K$250K$300K$350K20182020202220242026
Show as a table
JanuaryCopperas CoveTexas
2017$123,000$190,000
2018$129,000$202,000
2019$136,000$214,000
2020$147,000$223,000
2021$166,000$242,000
2022$205,000$286,000
2023$233,000$313,000
2024$230,000$311,000
2025$228,000$311,000
2026$228,000$303,000
August 2026$228,000$299,000
Then & now

A typical Copperas Cove home worth $123K in September 2016 is worth about $228K today.

+$105K
+0%
past year
+21.1%
past 5 years
+85.1%
since 2016

How Copperas Cove ranks on rising home prices →

Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.

Market temperature

A balanced market

About 4.9 months of supply: neither buyers nor sellers have a clear edge.

BalancedA balanced marketBuyer’sSeller’s

Under ~4 months of supply favors sellers; over ~6 favors buyers.

4.9
months of supply · TX 4.6
59
days to sell · TX 56
98.5%
of asking price, at sale
22.6%
sold above asking
25.9%
under contract within 2 weeks
66
new listings in May

Redfin Data Center, all residential sales, May 2026.

Renting

A two-bedroom rents for about $1,190

Renters already here pay a median of $1,043, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$950
1 bedroom$950
2 bedrooms$1,190
3 bedrooms$1,650
4 bedrooms$1,990
40%
of households rent · TX 37%
6,085
renter households
42%
of renters spend 30%+ of income on rent · TX 52%
20%
of the median income, for a two-bedroom
$1,043
median rent paid today · Census

How Copperas Cove ranks on rent that’s easy to afford →

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Killeen-Temple, TX HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

474 new homes permitted in 2025

Builders were permitted 474 new homes in Copperas Cove in 2025: 297 single-family houses and 177 in buildings with two or more homes, worth about $54.4 million to build. That's 12 per 1,000 residents, faster than across Texas (8.1). Over the past 10 years, Copperas Cove has permitted 2,843 homes in all.

Single-family2+ homes per building
0200400600 200020052010201520202025
474
new homes permitted in 2025
189
2026 so far (Jan–Aug)
12
per 1,000 residents · TX 8.1
2,843
homes in the past 10 years
Homes vs. people, 2010–2020
Residents+4,638
New homes+1,737

Between the 2010 and 2020 censuses, Copperas Cove gained 4,638 residents while 1,737 new homes were permitted: about 2.7 new residents per new home. Building and growth moved roughly in step. Across Texas: 2.6 new residents per new home.

How Copperas Cove ranks on housing keeping up with growth →

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)18912960$17.8 million
2025474297177$54.4 million
202436727394$38.1 million
2023434280154$51.5 million
202237628294$40.9 million
202121169142$24.3 million
202032826662$39.1 million
20191651614$21 million
201819918514$27 million
201714012416$19.3 million
201614913910$20.6 million
201521212488$28.6 million
20141149816$14.8 million
201364586$8.3 million
2012250148102$31.2 million
201115114110$21.7 million
2010293182111$72.8 million
200916915712$20.9 million
200819517718$23 million
200728219092$29.7 million
2006414250164$41.5 million
2005506316190$49.1 million
200421216250$23.9 million
200328280202$19.6 million
2002966927$11.2 million
2001926824$10.8 million
2000816912$9.9 million

How Copperas Cove ranks on new homes being built →

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

The homes

60% of Copperas Cove households own their home

Half of Copperas Cove’s homes were built before 1989.

Owners and renters
Own 60%Rent 40%

Texas: 63% own.

1989
typical home built · TX 1992
$3,025
median property tax bill · TX $4,232
1.68%
of a home’s value, a year in tax · TX 1.49%

U.S. Census Bureau, American Community Survey 2020-2024.

Neighbors talk housing

What Copperas Cove buyers, sellers and renters are saying.

Town Square →
Weigh in
The data says Copperas Cove is a balanced market. Is that what you’re seeing?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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