Terrell County, Texas Housing Market Prices
Terrell County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 95% below the Texas median Among the top 5 cheapest counties in Texas$13,853
-
Median rent 42% below the Texas median Cheaper than 77% of counties in Texas$808
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Terrell County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $13,853 | $258,873 | $248,835 |
| Price Trend (Annual %) | -9.7% | 9.2% | 7.5% |
| Median Gross Rent | $808 | $1,402 | $1,407 |
| Rent Trend (Annual %) | -0.9% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Terrell County is about 95% lower than in Texas. Rent is about 42% lower than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2023
Both home prices and rent are falling in Terrell County, down about 9.7% and 0.9% a year respectively. Home prices are changing faster.
Median rent in Terrell County rose about 8.9% between 2015 and 2023, from $742 to $808. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 0.3 yearly household incomes in Terrell County.
Buying the median-priced home in Terrell County costs roughly 1.4 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Terrell County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Terrell County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $13,853 | $258,873 | $248,835 |
| Median Household Income | $44,804 | $78,939 | $80,455 |
| Price-to-Income Ratio | 0.3 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Terrell County fell about 86.1%, while median household income rose about 24.7% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Terrell County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.1% | 56.7% | 58.5% |
| Rental Rate | 7.5% | 33.9% | 31.2% |
| Vacancy Rate | 29.4% | 9.4% | 10.2% |
| Median Tenure (years) | 19.0 | 14.0 | 15.0 |
| Median Year Moved In | 2007 | 2012 | 2011 |
Terrell County has a homeownership rate of 63.1%, higher than the Texas average of 56.7%. Its housing vacancy rate is 29.4%, compared with 9.4% in Texas.
Housing Stock
| Metric | Terrell County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 1.85 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1959 | 1990 | 1978 |
| Median Number of Rooms | 5.6 | 5.4 | 5.5 |
The typical housing unit in Terrell County was built around 1959. On average, 1.8 people live in a home with about 5.6 rooms, staying for about 19.0 years on average.
Terrell County, TX Housing Compared With Nearby Counties
Terrell County, TX is the smallest of the 4 counties compared here, 835 residents against a local median of 14,896. Terrell County, TX's median home price, at $13,853, runs 95% below the $307,692 typical of the counties around it.
Homeownership tells the same story from another angle: 89.4% against a local median of 69.1%, 29% above it. The one measure here that carries a verdict is homeownership, and at 29% above the local median it puts Terrell County, TX at the better end of the local range. The counties themselves sit within $186,465 of each other on median home price, a tighter band than the gap between any of them and Terrell County, TX, which makes it a genuine outlier here rather than one end of a wide local spread. Terrell County, TX has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Terrell County, TX | 835 | $13,853 #4/4 | $808 #4/4 | 89.4% #1/4 |
| Pecos County, TX | 14,896 | $206,034 | $918 | 72.0% |
| Val Verde County, TX | 47,741 | $392,499 | $993 | 69.1% |
| Brewster County, TX | 9,503 | $307,692 | $839 | 62.5% |
Frequently Asked Questions
Common questions about the housing market in Terrell County, Texas.
What is the median home price in Terrell County, Texas?
The median home price in Terrell County, Texas is $13,853, lower than the Texas average of $258,873.
What is the average home price in Terrell County, Texas?
The typical home price in Terrell County, Texas, reported as the median sale price, is $13,853. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Terrell County, Texas?
The median gross rent in Terrell County, Texas is $808 per month, lower than the Texas average of $1,402.
What is the price-to-rent ratio in Terrell County, Texas?
The price-to-rent ratio in Terrell County, Texas is about 1.4, meaning it would take roughly 1.4 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Terrell County.
Are home prices or rent rising faster in Terrell County, Texas?
Both home prices and rent are falling in Terrell County, down about 9.7% and 0.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Terrell County, Texas?
63.1% of households in Terrell County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Terrell County, Texas?
The housing vacancy rate in Terrell County, Texas is 29.4%, higher than the Texas average of 9.4%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →