Housing Prices in Terrell, TX
How much do homes in Terrell, TX cost?
Median List Price
$305,749
$182/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Terrell has increased by 4.7% since last year.
Summary: The median home list price in Terrell was $305,749 in March 2024, up 4.7% from the previous year, and the median price per square foot was $182.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | - | N/A |
| 2 Bedrooms | $187.5K | $189.9K | +1.3% |
| 3 Bedrooms | $279.9K | $289.9K | +3.6% |
| 4 Bedrooms | $399.9K | $399.9K | 0% |
| 5+ Bedrooms | $500K | $599.9K | +20.0% |
Summary: Terrell housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 3.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 20%.
Median List Price Compared To Nearby Cities
| Oak Ridge | $434.1K | $463.5K | +6.8% |
| Terrell | $292K | $305.7K | +4.7% |
| Terrell South | $434.8K | $440.2K | +1.2% |
Housing Supply in Terrell, TX
How many homes are available in Terrell, TX?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 152 | 177 | +16.4% |
Summary: The Terrell real estate market had 177 homes for sale in March 2024, a 16.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 94 | 98 | +4.3% |
| 4 Bedrooms | 44 | 63 | +43.2% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Terrell housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 43.2%, and 5+ bedroom homes increased by 11.1%.
Days on Market for Terrell, TX
How long does it take to sell a home in Terrell, TX?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 134 Days | 89 Days | -33.0% |
Summary: Homes in Terrell had an average listing age of 89 days in Mar 2024, down by 33% compared to the previous year.
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