Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$121,439−1.4% YoY · prices are falling
Market right nowBuyer's marketMore homes for sale than last year, 25% have cut their price
Income needed to buy, per year$26,326About 0.5× the local median income ($52,129): affordable for a typical household
Days on market56 daysFaster than a year ago: sellers have the edge
The typical home in Terry County, TX is worth $121,439, down 1.4% from a year ago. That is well below what local incomes have historically supported: fair value is about $186,380, so the area is 34.8% undervalued. It is a buyer's market: homes take about 56 days to sell, listings are up 26% from a year ago, 25% of listings have had a price cut. A household needs about $26,326 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 $52,129. In the latest IRS figures, 153 more people moved in than out.
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
$121,439
Change in 1 year
−1.4%
Overvalued %
−34.8%
Show 6 more
Fair home value
$186,380
Change in 5 years
−23.4%
Home value to income
2.3×
Monthly mortgage payment (20% down)
$658
Income needed to afford it
$26,326
Property tax rate
1.69%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
+25.9%
Days on market
56
Listings with a price cut
25.0%
Show 3 more
Homes for sale
34
Pending sales per 100 listings
24
Asking price per sq ft
$100
People and jobs
Median household income
$52,129
Population change (1 year)
+0.7%
Unemployment rate
4.5%
Show 4 more
Population
11,720
Income adjusted for cost of living
$59,372
Net moves in (IRS)
+153
Cost of living (US = 100)
87.8
Schools, risk and environment
School rating (1 to 10)
2.5
FEMA hazard risk score (0 to 100)
52.0
Flood risk score
11.7
Show 3 more
Wildfire risk score
58.7
Walkability (1 to 20)
6.8
Road, rail and air noise
54 dB
Questions people ask
Is Terry County, TX overvalued?
Home prices in Terry County, TX are well below what local incomes have historically supported: fair value is about $186,380, so the area is 34.8% undervalued.
Is Terry County, TX a buyer's or seller's market?
Terry County, TX is a buyer's market: homes take about 56 days to sell, listings are up 26% from a year ago, 25% of listings have had a price cut.
Are home prices going down in Terry County, TX?
Home values in Terry County, TX are down 1.4% over the last year.
How much do you need to earn to buy a home in Terry County, TX?
A household needs about $26,326 a year to afford the typical home in Terry County, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $52,129.