Is Terrell Hills, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Terrell Hills was a Seller's Market.
Housing Prices in Terrell Hills, TX
How much do homes in Terrell Hills, TX cost?
Median Sold Price
$725,000
$307/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Terrell Hills was $725,000 in April 2024, down 8.2% from last year, and the median price per square foot was $307.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $319.7K | $405K | +26.7% |
3 Bedrooms | $710.1K | $493.7K | -30.5% |
4 Bedrooms | $935K | $1.4M | +59.4% |
5+ Bedrooms | $1.3M | $1.6M | +20.2% |
Summary: Terrell Hills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.7%, 3 bedroom homes decreased by 30.5%, 4 bedroom homes increased by 59.4%, and 5+ bedroom homes increased by 20.2%.
Median Sold Price Compared To Nearby Cities
Alamo Heights | $637.5K | $708K | +11.1% |
San Antonio | $285.6K | $295.1K | +3.3% |
San Antonio Central | $228.6K | $228.3K | -0.1% |
Terrell Hills | $790K | $725K | -8.2% |
Housing Supply in Terrell Hills, TX
How many homes are available in Terrell Hills, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 30 | 0.0% |
Summary: The Terrell Hills real estate market had 30 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 17 | 16 | -5.9% |
4 Bedrooms | 5 | 9 | +80.0% |
5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Terrell Hills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 80%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 4 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Terrell Hills in April 2024, down by 50.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Terrell Hills, TX
How long does it take to sell a home in Terrell Hills, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 39 Days | -12.7% |
Summary: Homes in Terrell Hills had an average of 39 days on market in Apr 2024, down by 12.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Terrell Hills; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.