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Foreclosure Homes in Terril, IA 51364

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Terril, IA Foreclosures

Current Market Conditions in in Terril, IA As of January 2026?
In the past month, the real estate market in Terril has seen a slight increase in home sales due to a surge in interest from remote workers and families seeking a lifestyle change. Average prices have remained stable nearly month over month while the number of active listings has slightly decreased, leading to a more competitive market as buyers vie for the limited available homes.
How much do homes sell for in Terril, IA?
The average home price is currently $213,190.
In Terril, IA, how many homes are available?
There are currently 17 active home listings available in Terril.
What’s the average rental cost in Terril, IA?
The average rental price in Terril is $1,247.
What is the most expensive home in Terril?
The most expensive home sold in Terril had a price of $1,239,506.
What is currently the cheapest priced home in Terril, IA?
The cheapest home for sale in Terril is priced at $15,721.

Living in Terril, IA

Terril, Iowa, is a quaint rural community that offers residents a serene lifestyle surrounded by picturesque landscapes. With its friendly atmosphere and strong community ties, it's an ideal place for families and retirees. The town features essential amenities, parks, and recreational activities, making it a charming place to call home.

Buyer vs Seller Market in Terril, IA

The real estate market in Terril has shown resilience despite national trends. With its affordability and appealing small-town lifestyle, it attracts a variety of buyers including first-time homeowners and retirees.

Over the past few years, housing demand in Terril has slowly increased, particularly among those looking for quieter living and more space. However, inventory remains relatively low, creating competitive conditions for buyers.

Home Value Estimator For Terril, IA

There are currently 354 real estate properties in Terril, IA, with a median automated valuation model (AVM) price of $156,029.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Terril, IA, 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 Terril, IA, is $213,190.00, with the most expensive house in Terril, IA, topping out at $1,239,506.00 and the cheapest home in Terril, IA, clocking in at $15,721.00. In other words, there’s something for every potential homebuyer or savvy investor in Terril, IA!

Rent Prices In Terril, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Terril, IA, is on a rollercoaster ride. The average rent price in Terril, IA, is $1,247.00. Indeed, when looking to rent in Terril, IA, you can expect to pay as little as $710.00 or as much as $1,960.00, with the average rent median estimated to be $1,230.00. The good news is that finding an affordable and desirable property to rent in Terril, IA -- 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.

Terril, IA 51364 Foreclosures

Market Trend for Terril, IA

Total Listings Available: 17

Market Values:

Home Prices from $15,721 to $1,239,506

Average Sales Price: $213,190

Rental Values:

Rental from $710 to $1,960

Average Rent Value: $1,247 / month

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