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Featured local agent — Terrell Hills, TX
Sarah Mitchell
Compass Real Estate · Terrell Hills, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Terrell Hills, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.53Mmedian sale price
How is the Terrell Hills, TX housing market right now?
The median home sale price in Terrell Hills, TX is $1.53M, up 82.7% year-over-year. Homes sell in an average of 58 days with 33 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Terrell Hills a buyer's or seller's market?
Terrell Hills, TX is currently a leaning buyer's, based on 4.1 months of supply and homes selling in about 58 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
58
Average pace
Active listings
33
4.1 months supply
Sale-to-list
98.7%
Below asking
What does the Terrell Hills housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.53M |
| Median list price | $450,000 |
| Year-over-year price change | +82.7% |
| Average days on market | 58 days |
| Active inventory | 33 listings |
| Months of supply | 4.1 months |
| Sale-to-list price ratio | 98.7% |
| Median price per sq ft | $419/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 13 |
| Listings with a price cut | 24.2% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Terrell Hills by property type?
How the Terrell Hills, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.53M | $419/sq ft | 8 | 58 days |
| Townhouse | $353,000 | $216/sq ft | 2 | 67 days |
Source: Redfin · Updated monthly
The Terrell Hills housing market is currently classified as a leaning buyer's with a median sale price of $1.53M. Prices have risen 82.7% compared to last year, with homes spending an average of 58 days on market, indicating 4.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.2x provides context for how home values compare to local earning capacity.
Homes for sale in Terrell Hills
There are currently 33 homes listed for sale in Terrell Hills, Texas. The median listing price is $450K.
Active listings
33
Homes on market
Median list price
$450K
Avg. days on market
58
Days until sale
New this week
13
Newly listed
Who lives in Terrell Hills?
Population
5,050
Median income
$217,800/yr
Median age
43.2 years
Owner-occupied
78.3%
College grads
77.3%
Avg commute
21.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Terrell Hills?
Zillow home value
$916,113
Price-to-income
4.2x
Source: Zillow Research
What is it like to live in Terrell Hills?
Terrell Hills is a community of approximately 5K residents with a median age of 43.2 years.The median household income is $217,800, which reflects a relatively affluent area with strong earning potential. 77.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 78.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Terrell Hills offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Terrell Hills, TX?
Want a head-to-head view? Compare Terrell Hills side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Terrell Hills?
The median home sale price in Terrell Hills is $1.53M, up 82.7% from last year.
How long do homes stay on market in Terrell Hills?
Homes typically spend 58 days on market before going under contract.
What is the median income in Terrell Hills?
The median household income is $217,800 per year.
Is Terrell Hills a buyer's or seller's market?
With 4.1 months of supply, Terrell Hills is currently a leaning buyer's.
What is the Zillow home value estimate for Terrell Hills?
The Zillow Home Value Index (ZHVI) for Terrell Hills is $916,113, representing the typical home value in the area.
How much does a single-family home cost in Terrell Hills?
The median single-family home price in Terrell Hills, TX is $1.53M (about $419 per square foot).
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