Terrell, TX—75161
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Terrell, TX
Home Price Trends — Terrell, TX
As of Oct '25, the median home price in Terrell, TX is $347,000, with a year-over-year change of 0.3%. This indicates that home prices in Terrell, TX are flat. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $347,000 | 0.3% |
| Single Family | $347,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $369,000 | 0.5% |
4 Bed | $447,000 | 0.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Terrell, TX
Terrell, TX lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,250 | $2,910 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,550 | $1,550 |
| 2 Bed Rent | $2,000 | $2,000 |
| 3 Bed Rent | $2,250 | $2,250 |
| 4 Bed Rent | $3,250 | $4,380 |
% of Rental Stock
Property Listings — Terrell, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Terrell, TX is 45. This is a decrease of -32.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $453,000 | -2.0% |
Listing Count | 42 | -4.0% |
| Listings as % of Homes | 0.9% | -4.0% |
Days on Market | 45 | -32.0% |
Demographics — Terrell, TX
As of the latest ACS Survey released in 2023, Terrell, TX has a population of 6,910, which has decreased by -1.4% over the past 5 years. Terrell, TX is a less popular place for families, as children make up 14.2% of the population. The area has a poorly educated workforce, with 13.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,910 | -1.4% |
% Under 18 | 14.2% | -41.8% |
% Seniors | 18.7% | 43.8% |
% WFH | 11.0% | 340.0% |
% w/ College Degree | 13.4% | 44.1% |
As of the latest ACS Survey released in 2023, Terrell, TX is a predominantly white area, with 67.9% of the population identifying as white. The white population has grown by 0.4% in the last 5 years. The second most common race or ethnicity in Terrell, TX is hispanic, making up 24.0% of the population. Foreign-born residents account for 12.3% of the population in Terrell, TX, and this percentage has increased by 20.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 67.9% | 0.4% |
% Black | 4.3% | -70.5% |
% Hispanic | 24.0% | 57.9% |
% Asian | 1.6% | ∞% |
% Foreign Born | 12.3% | 20.6% |
Mortgage and Risk — Terrell, TX
According to HUD data as of 2023, there were 95 mortgage originations in Terrell, TX, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Terrell, TX. Investor activity is low, as 3.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 95 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Terrell, TX
Terrell, TX 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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$510 | $1,550 | $1,040 |
| 2 Bedroom | -$780 | $2,000 | $1,220 |
| 3 Bedroom | -$720 | $2,250 | $1,530 |
| 4 Bedroom | -$1,290 | $3,250 | $1,960 |
Affordability — Terrell, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $347,000 |
| Median Household Income | $83,100 |