Photo: Renelibrary · CC BY-SA 4.0209 homes sold in Terrell in the last year, at a typical $269K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Terrell homes are listed.
Every place Terrell homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Terrell.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Terrell’s sales, at a typical $269K
209 homes sold in the year to May 2026.
typical sale · 209 sold in 12 months
- Per square foot
- $163TX $173
- Days to sell
- 86
- Sold over asking
- 13%
- Listings with a price cut
- 26%
About as many homes sell as usual, at 2.2 times the 2016 price
209 sales in the last year, against 293 in 2022 and a low of 147 in 2013. The typical sale went from $121K in 2016 to $269K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Terrell
Check a listing against what Terrell homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Terrell are rarer than before the pandemic, and more homes are for sale
We read every month of Terrell’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 209 sales.
If you’re buying in Terrell
- Shop in September. It brings about 27 new listings a month, close to the busiest month, with fewer bidding wars (26% over asking).
- You can negotiate. 26% of listings have cut their price, against 22% before the pandemic.
- Offer under asking. Buyers paid 97% of the list price on average; 13% paid over.
- You’ll usually have time. Only 16% of homes go under contract within two weeks; the typical one takes 86 days.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 30 a month), but July is the most competitive: 34% of July sales close over asking. August and September offer nearly as much choice with fewer homes bid up (29%). February has the least competition (23%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Texas as a whole
| Terrell now | 2017–19 | 2021 peak | TX now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 13% | 25% | 48% | 12% |
| Gone within two weeksShare of homes under contract within 14 days | 16% | 39% | 60% | 20% |
| Listings with a price cutShare of homes for sale that cut their price | 26% | 22% | 18% | 30% |
| Price paid vs. askingAverage sale price ÷ list price | 97% | 98.1% | 99.5% | 96.9% |
| Days to sellMedian days from listing to contract | 86 | 36 | 19 | 71 |
113 homes for sale on a typical day
That’s 3.4 times the 2021 low (34) and 136% more than in 2017–19.
1 in 4 listings has cut its price
26% in the last year, against 22% in 2017–19 and 30% across Texas.
Terrell ranks 155th of 372 busy Texas markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Terrell is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Terrell home costs about $1,794 a month
Price: Terrell’s typical sale, last 12 months. Property tax at Terrell’s 1.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Terrell is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 17.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $269K home, about $4,690 a year.
Taxes vs. neighborsSchools
The schools grade for Terrell, from test results, graduation and how much students grow.
Schools in TerrellCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Forney, Heartland and Crandall sell for less a square foot; Oak Ridge for far more
The busier markets within 25 miles of Terrell, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Heartland | 420 | $266K | $147 | 16% | 76 |
| Forney | 390 | $356K | $150 | 20% | 92 |
| Terrell | 209 | $269K | $163 | 13% | 86 |
| Crandall | 195 | $292K | $146 | 16% | 86 |
| McLendon-Chisholm | 132 | $606K | $199 | 6% | 134 |
| Oak Ridge | 46 | $441K | $209 | 4% | 216 |
| Talty | 29 | $524K | $179 | 21% | 122 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Terrell, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Terrell. People who follow the town see it, and so do people comparing Terrell with their own town. No commission, no listing fee.
Questions about buying a home in Terrell
What do homes sell for in Terrell, TX?
209 homes sold in the year to May 2026 at a typical $269K, $163 a square foot.
Is Terrell a buyer’s or seller’s market?
A balanced market: 96 homes were for sale in May 2026 and 22 sold, about 4.4 months of supply. Buyers paid 97% of asking on average, and 26% of listings cut their price.
When is the best time to buy in Terrell?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Terrell?
About 1.7% of a home’s value a year. On a $269K home that’s near $4,690.
Where can I see homes for sale in Terrell?
Zillow, Redfin, Realtor.com and Homes.com all carry Terrell’s MLS listings; the search links above open each one filtered to Terrell.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).