Expensive
Affordable
Affordable
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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 $208,465, lower than the Tennessee average of $315,131.
The average cost of rent is $706/mo in Terry, primarily driven by the current value of real estate in the Terry area. In Terry, 25.49% of households rent, and 52.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Terry is $5,956 per month. Households that rent pay about 11.85% of their income on rent here. Terry’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cedar Grove, TN: less expensive homes
- Mount Gilead, TN: less expensive homes
- Hickory Flat, TN: less expensive homes
- Howley, TN: less expensive homes
- Lavinia, TN: less expensive homes
- Leach, TN: less expensive homes
- Clarksburg, TN: less expensive homes
- Parkers Crossroads, TN: less expensive homes
- Law, TN: higher priced homes
- Concord, TN: less expensive homes
Cities with Similar Populations
- Gazette, MO: less expensive homes
- Gooseneck, NC: less expensive homes
- Alexander, IL: less expensive homes
- Goodenow, IL: higher priced homes
- Limestone, MI: equally priced homes
- Linesville, GA: less expensive homes
- Glasgow, IA: less expensive homes
- Girard, LA: less expensive homes
- Geyser, MT: higher priced homes
- Gethsemane, TX: less expensive homes
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