The housing market in Terrell, TX County is booming, with median housing values at $132,720 - almost a quarter of the US median of $338,100. The 1-year house appreciation rate for the county is 16.22%, more than double the national rate of 8.27%. This indicates a strong demand for housing in Terrell and shows that it is an attractive area for potential home buyers looking to invest or move to the area. With rising prices and high appreciation rates, Terrell is a great place to invest in real estate.
The median home cost in Terrell County is $132,720. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Terrell County is up 19.7%.
Average Age of Homes
- The median age of Terrell County real estate is 64 years old
The Rental Market in Terrell County
- Renters make up 18.5% of the Terrell County population
- 5.0% of houses and apartments in Terrell County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.