Terrell, TX Home Values & Market Trends

Real estate market trends reflect that there have been 467 transactions over the past year in Terrell. The median value for residential home transactions that occurred over the previous year is $271,709. The number of current listings in Terrell is 135, and the percentage of properties for sale in the city is 135.00%. Terrell, TX currently has 12 properties in foreclosure, 2 bank owned properties, 10 properties headed for auction, and 135 properties for sale.

Terrell, TX Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
75160

$ 285,977

$ 173/sqft

75161

$ 385,138

$ 223/sqft

Housing Market Summary for Terrell, TX

Apr 2023March 2024Change
Median Listing Price$317.5K$270.1K-14.93%
Median Sold Price$245K$270.1K10.25%
Homes For Sale11012412.73%
Homes Sold270237-12.22%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Terrell, TX

Terrell home values range from $19,450 to $4,350,000. The median estimated value of a home in Terrell is $271,709. The median list price of a home is 299,900, and the total count of properties in the city is 11,919.

Foreclosure
There are 2 zips within Terrell, TX; within these zips, the median estimated home value for homes in foreclosure ranges from $663,136 in 75160 to the lowest value of $216,118 in 75160. Foreclosure homes account for 0.00% of properties in Terrell, TX with 75160 containing 9 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Terrell, TX with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Terrell, TX; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Terrell, TX ranges from the highest value of $300,000 in 75160 to the lowest value of $247,959 in 75160. Bank owned homes and properties account for 0.02% of properties in Terrell, TX. There are 2 zips within Terrell, TX; 75160 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    75160 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Terrell, TX. Auction homes and other auction properties account for 0.08% of all properties in Terrell, TX. There are 2 zips within Terrell, TX; of those zips, the median estimated home value for homes going to auction ranges from $285,393 in 75161 to the lowest value of $216,118 in 75161.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.13% of residential properties in Terrell, TX with 75160 containing 105 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Terrell, TX; homes for sale in those zips, have a range of median values from $4,350,000 in 75161 to the lowest value of $21,974 in 75160.
    Sold Homes
    The median value for recently sold homes ranges from $941,545 in 75160 to the lowest price of $39,804 in 75160. There are 2 zips within Terrell, TX. 75160 has 175 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.80% of properties in Terrell, TX.

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      Guide for Terrell, TX

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