Terrell, TX Foreclosures
How much do homes sell for in Terrell, TX?
The average home price is currently $325,719.
In Terrell, TX, how many homes are available?
There are currently 63 active home listings available in Terrell.
What’s the average rental cost in Terrell, TX?
The average rental price in Terrell is $1,304.
What is the most expensive home in Terrell?
The most expensive home sold in Terrell had a price of $8,226,970.
What is currently the cheapest priced home in Terrell, TX?
The cheapest home for sale in Terrell is priced at $12,626.
Living in Terrell, TX
Terrell, TX, combines historical charm with a vibrant community atmosphere. Known for its outdoor activities and excellent schools, Terrell is a fantastic choice for families and individuals seeking a peaceful environment with convenient access to urban amenities. Enjoy the benefits of a smaller community while being just a short drive away from the Dallas metropolitan area.
Current Market Conditions in Terrell, TX
The real estate market in Terrell, TX has been steadily growing, making it an attractive option for investors. With relatively affordable prices compared to bigger cities, the area is drawing in new residents looking for affordable housing options. Recent trends indicate a healthy demand for single-family homes, resulting in competing offers and a decrease in days on the market.
Additionally, Terrell is benefitting from an increase in commercial development and infrastructure projects, enhancing its overall appeal. With the city's close proximity to Dallas and ongoing developments, property values are expected to rise, creating an excellent opportunity for real estate investors.
Home Value Estimator For Terrell, TX
There are currently 10,459 real estate properties
in Terrell, TX,
with a median automated valuation model (AVM) price
of $259,932.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Terrell, TX, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Terrell, TX,
is $325,719.00, with the most expensive house
in Terrell, TX, topping out
at $8,226,970.00 and the cheapest home
in Terrell, TX,
clocking in at $12,626.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Terrell, TX!
Rent Prices
In Terrell, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Terrell, TX, is on
a rollercoaster ride. The
average rent price in Terrell, TX,
is $1,304.00. Indeed, when looking to rent in
Terrell, TX, you can expect to pay as little
as $620.00 or as much
as $3,410.00,
with the average rent median estimated to
be $1,260.00. The good news is that finding
an affordable and desirable property to rent in Terrell, TX
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
