Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Terry area can be challenging. Home prices in Terry are now at a median cost of $89,842, lower than the Tennessee average of $218,916.
The average cost of rent is $589/mo in Terry, primarily driven by the current value of real estate in the Terry area. While nearly 61.90% of residents own their homes outright in Terry, 17.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in Terry is $4,522 per month. Households that rent pay about 13.03% of their income on rent here. Terry's most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Cedar Grove, TN: higher priced homes
- Mount Gilead, TN: equally priced homes
- Hickory Flat, TN: higher priced homes
- Howley, TN: equally priced homes
- Lavinia, TN: higher priced homes
- Leach, TN: higher priced homes
- Clarksburg, TN: equally priced homes
- Parkers Crossroads, TN: higher priced homes
- Law, TN: higher priced homes
- Concord, TN: higher priced homes
Cities with Similar Populations
- Gazette, MO: higher priced homes
- Gooseneck, NC: higher priced homes
- Alexander, IL: higher priced homes
- Goodenow, IL: higher priced homes
- Limestone, MI: higher priced homes
- Linesville, GA: less expensive homes
- Glasgow, IA: equally priced homes
- Girard, LA: higher priced homes
- Geyser, MT: higher priced homes
- Gethsemane, TX: higher priced homes
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