The housing market in 75160 Terrell, TX is thriving, with the median value of homes in the area being $255,200. This compares favorably to the US median house value of $338,100 and shows that Terrell offers more affordable housing options than many other parts of the country. In addition, property values in75160 have appreciated at a robust rate over the past year, growing 19.07%, which is significantly higher than the national average of 8.27%. These factors combine to create an attractive real estate market for those looking to buy or invest in homes within 75160 Terrell, TX.
The median home cost in Terrell (zip 75160) is $255,200. Home appreciation the last 10 years has been 160.4%. Home Appreciation in Terrell (zip 75160) is up 23.5%.
Average Age of Homes
- The median age of Terrell (zip 75160) real estate is 35 years old
The Rental Market in Terrell (zip 75160)
- Renters make up 34.2% of the Terrell (zip 75160) population
- 0.9% of houses and apartments in Terrell (zip 75160), 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.