Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$120,540+5.2% YoY · prices are rising fast
Market right nowBalanced, leaning buyersFewer homes for sale than last year, 39% have cut their price
Income needed to buy, per year$26,130About 0.6× the local median income ($46,663): affordable for a typical household
Days on market66 daysFaster than a year ago: sellers have the edge
Next 12 months+1.9%Zillow expects prices to rise slightly
The typical home in Terrell County, GA is worth $120,540, up 5.2% from a year ago. That is well above what local incomes have historically supported: fair value is about $108,898, so the area is 10.7% overvalued. It is a balanced market, leaning toward buyers: homes take about 66 days to sell, listings are down 0% from a year ago, 39% of listings have had a price cut. Zillow expects prices to rise about 1.9% over the next year. A household needs about $26,130 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $46,663. In the latest IRS figures, 40 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$120,540
Change in 1 year
+5.2%
Overvalued %
+10.7%
Show 7 more
Fair home value
$108,898
Change in 5 years
+36.5%
Zillow forecast, next 12 months
+1.9%
Home value to income
2.6×
Monthly mortgage payment (20% down)
$653
Income needed to afford it
$26,130
Property tax rate
1.04%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,103
Market activity
Listings vs a year ago
0.0%
Days on market
66
Listings with a price cut
39.0%
Show 3 more
Homes for sale
24
Pending sales per 100 listings
21
Asking price per sq ft
$90
People and jobs
Median household income
$46,663
Population change (1 year)
−1.4%
Unemployment rate
4.1%
Show 4 more
Population
8,656
Income adjusted for cost of living
$53,208
Net moves in (IRS)
−40
Cost of living (US = 100)
87.7
Schools, risk and environment
School rating (1 to 10)
2.5
FEMA hazard risk score (0 to 100)
16.5
Flood risk score
12.9
Show 3 more
Wildfire risk score
41.5
Walkability (1 to 20)
5.6
Road, rail and air noise
54 dB
Questions people ask
Is Terrell County, GA overvalued?
Home prices in Terrell County, GA are well above what local incomes have historically supported: fair value is about $108,898, so the area is 10.7% overvalued.
Is Terrell County, GA a buyer's or seller's market?
Terrell County, GA is a balanced market, leaning toward buyers: homes take about 66 days to sell, listings are down 0% from a year ago, 39% of listings have had a price cut.
Are home prices going down in Terrell County, GA?
Home values in Terrell County, GA are up 5.2% over the last year. Zillow's forecast for the next 12 months is +1.9%.
How much do you need to earn to buy a home in Terrell County, GA?
A household needs about $26,130 a year to afford the typical home in Terrell County, GA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $46,663.