Terrell, NC—28682
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Terrell, NC
As of Nov '25, the median home price in Terrell, NC is $509,000, with a year-over-year change of -2.2%. This indicates that home prices in Terrell, NC are decreasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $509,000 | -2.2% |
| Single Family | $538,000 | -2.7% |
| 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 | $354,000 | -4.3% |
4 Bed | $972,000 | 1.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
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.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $2,270 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,700 | $1,750 |
| 4 Bed Rent | $2,280 | $2,970 |
% of Rental Stock
Property Listings — Terrell, NC
As of Nov '25, Realtor.com reports that the median days on market for a home in Terrell, NC is 127. This is a increase of 57.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $925,000 | 115.0% |
Listing Count | 16 | -36.0% |
| Listings as % of Homes | 0.9% | -36.0% |
Days on Market | 127 | 57.0% |
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.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,430 | 9.8% |
% Under 18 | 16.4% | -4.7% |
% Seniors | 22.2% | -7.1% |
% WFH | 21.7% | 63.2% |
% w/ College Degree | 33.0% | 23.1% |
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
| Metric | Latest Census | 5-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% |
Mortgage and Risk — Terrell, NC
Terrell, NC lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip 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 |
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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,270 |
| 2 Bedroom | N/A | N/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
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $509,000 |
| Median Household Income | $96,900 |