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Terrell, NC—28682

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$536,000
0.2% YoY Growth
Household Income
$96,900
33.6% YoY Growth
Days on Market
52
33.0% Shorter YoY
Home Price Forecast
0.7%
Median Rent
$1,750
19.5% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,700
1.7% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Terrell, NC

As of May '26, the median home price in Terrell, NC is $536,000, with a year-over-year change of -0.2%. This indicates that home prices in Terrell, NC are flat. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$536,000-0.2%
Single Family $569,000-0.4%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$361,000-4.0%
    4 Bed
    		$1,027,0002.1%
    5 Bed N/AN/A
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    % of Housing Stock

    2 Bedrooms
    13.0%
    3 Bedrooms
    32.2%
    4 Bedrooms
    49.8%
    5+ Bedrooms
    5.0%

    Rental Trends — Terrell, NC

    As of July '25, Rentcast reports the average rent in Terrell, NC is $2,270, with a year-over-year rent change of 19.5%. Per bedroom, the median rent as of July '25 in Terrell, NC is 3-bedrooms: $1,750, 4-bedrooms: $2,970. The most common rental property sizes in Terrell, NC are 2-bedroom and 3-bedroom, accounting for 57.3% and 28.2% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,750$2,270
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent $1,700$1,750
    4 Bed Rent $2,280$2,970
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    % of Rental Stock

    2 Bedrooms
    57.3%
    3 Bedrooms
    28.2%
    4 Bedrooms
    14.6%

    Property Listings — Terrell, NC

    As of May '26, Realtor.com reports that the median days on market for a home in Terrell, NC is 52. This is a decrease of -33.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$900,00010.0%
    Listing Count
    		2210.0%
    Listings as % of Homes0.9%10.0%
    Days on Market
    		52-33.0%
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    Demographics — Terrell, NC

    As of the latest ACS Survey released in 2023, Terrell, NC has a population of 1,430, which has increased by 9.8% over the past 5 years. Terrell, NC is a moderately popular place for families, as children make up 16.4% of the population. The area has a moderately educated workforce, with 33.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.7% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		1,4309.8%
    % Under 18
    		16.4%-4.7%
    % Seniors
    		22.2%-7.1%
    % WFH
    		21.7%63.2%
    % w/ College Degree
    		33.0%23.1%
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    As of the latest ACS Survey released in 2023, Terrell, NC is a predominantly white area, with 96.1% of the population identifying as white. The white population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in Terrell, NC is hispanic, making up 3.9% of the population. Foreign-born residents account for 7.3% of the population in Terrell, NC, and this percentage has increased by 170.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		96.1%1.5%
    % Black
    		0.0%-100.0%
    % Hispanic
    		3.9%85.7%
    % Asian
    		0.0%N/A
    % Foreign Born
    		7.3%170.4%
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    Mortgage and Risk — Terrell, NC

    Terrell, NC lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		N/A
    % Conventional Loans
    		N/A
    % Government Loans
    		N/A
    % Investor Loans
    		N/A
    % Second Loans
    		N/A
    % Cash Out Refinance
    		N/A
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    Rentals and Section 8 — Terrell, NC

    Terrell, NC lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		N/A
    Total Units Section 8
    		N/A
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,270
    2 BedroomN/AN/A$1,560
    3 Bedroom$290$1,700$1,990
    4 Bedroom$60$2,280$2,340

    Affordability — Terrell, NC

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.1
    Median Home Price$536,000
    Median Household Income$96,900

    Terrell, NC — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Sherrills Ford, NC

    28673

    Mooresville, NC

    28117

    Denver, NC

    28037

    Catawba, NC

    28609

    Cornelius, NC

    28031

    Frequently Asked Questions