Terrell Hills, TX Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Terrell Hills, TX is $638,855, up 46.6% year-over-year. Homes sell in an average of 115 days with 35 active listings. The market is currently a buyer's market.
$638,855median sale price
Homes sold
4
Last 12 weeks
Days on market
115
Average pace
Active listings
35
8.8 months supply
Sale-to-list
92.1%
Below asking
Terrell Hills, TX market data
| Metric | Value |
|---|---|
| Median sale price | $638,855 |
| Median list price | $1.90M |
| Year-over-year price change | +46.6% |
| Average days on market | 115 days |
| Active inventory | 35 listings |
| Months of supply | 8.8 months |
| Sale-to-list price ratio | 92.1% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Terrell Hills housing market is currently classified as a buyer's market with a median sale price of $638,855. Prices have risen 46.6% compared to last year, with homes spending an average of 115 days on market, indicating 8.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Terrell Hills
There are currently 35 homes listed for sale in Terrell Hills, Texas. The median listing price is $1.9M.
Active listings
35
Homes on market
Median list price
$1.9M
Avg. days on market
115
Days until sale
New this week
5
Newly listed
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Frequently asked questions
What is the average home price in Terrell Hills?
The median home sale price in Terrell Hills is $638,855, up 46.6% from last year.
How long do homes stay on market in Terrell Hills?
Homes typically spend 115 days on market before going under contract.
Is Terrell Hills a buyer's or seller's market?
With 8.8 months of supply, Terrell Hills is currently a buyer's market.
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