Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$110,144−10.8% YoY · prices are falling fast
Market right nowBalanced, leaning buyersFewer homes for sale than last year, 0% have cut their price
Income needed to buy, per year$23,877About 0.5× the local median income ($52,891): affordable for a typical household
Days on market106 daysSlower than a year ago: buyers have time to negotiate
The typical home in Terrell County, TX is worth $110,144, down 10.8% from a year ago. That is well below what local incomes have historically supported: fair value is about $165,687, so the area is 33.5% undervalued. It is a balanced market, leaning toward buyers: homes take about 106 days to sell, listings are down 12% from a year ago, 0% of listings have had a price cut. A household needs about $23,877 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 $52,891. In the latest IRS figures, 47 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
$110,144
Change in 1 year
−10.8%
Overvalued %
−33.5%
Show 6 more
Fair home value
$165,687
Change in 5 years
−35.5%
Home value to income
2.1×
Monthly mortgage payment (20% down)
$597
Income needed to afford it
$23,877
Property tax rate
0.92%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,078
Market activity
Listings vs a year ago
−12.5%
Days on market
106
Listings with a price cut
0.0%
Show 3 more
Homes for sale
7
Pending sales per 100 listings
14
Asking price per sq ft
$119
People and jobs
Median household income
$52,891
Population change (1 year)
−1.3%
Unemployment rate
0.0%
Show 4 more
Population
702
Income adjusted for cost of living
$60,240
Net moves in (IRS)
−47
Cost of living (US = 100)
87.8
Schools, risk and environment
School rating (1 to 10)
9.0
FEMA hazard risk score (0 to 100)
0.4
Flood risk score
3.7
Show 3 more
Wildfire risk score
46.7
Walkability (1 to 20)
4.7
Road, rail and air noise
53 dB
Questions people ask
Is Terrell County, TX overvalued?
Home prices in Terrell County, TX are well below what local incomes have historically supported: fair value is about $165,687, so the area is 33.5% undervalued.
Is Terrell County, TX a buyer's or seller's market?
Terrell County, TX is a balanced market, leaning toward buyers: homes take about 106 days to sell, listings are down 12% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Terrell County, TX?
Home values in Terrell County, TX are down 10.8% over the last year.
How much do you need to earn to buy a home in Terrell County, TX?
A household needs about $23,877 a year to afford the typical home in Terrell County, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $52,891.