Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Terrell area can be challenging. Home prices in Terrell are now at a median cost of $155,600, lower than the Texas average of $235,268.
The average cost of rent is $1,025/mo in Terrell, primarily driven by the current value of real estate in the Terrell area. While nearly 43.18% of residents own their homes outright in Terrell, 21.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Terrell is $6,093 per month. Households that rent pay about 16.81% of their income on rent here. Terrell's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Lawrence, TX: higher priced homes
- Post Oak Bend City, TX: higher priced homes
- Talty, TX: higher priced homes
- Forney, TX: higher priced homes
- McLendon-Chisholm, TX: higher priced homes
- Hiram, TX: equally priced homes
- Gastonia, TX: higher priced homes
- Crandall, TX: higher priced homes
- Heath, TX: higher priced homes
- Hawk Cove, TX: less expensive homes
Cities with Similar Populations
- Woodburn, OR: higher priced homes
- Winterville, NC: higher priced homes
- Windsor, CT: higher priced homes
- Windsor, CA: higher priced homes
- Bloomington, CA: higher priced homes
- Bemidji, MN: higher priced homes
- Plainview, NY: higher priced homes
- Mount Airy, MD: higher priced homes
- Mustang, OK: higher priced homes
- North Royalton, OH: higher priced homes
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