Why Live in Terrell
Terrell, TX, located 30 miles southeast of Dallas, is a small community with a population of around 16,000. Known for its friendly atmosphere, Terrell maintains its small-town charm while honoring its historical roots. The downtown area on Moore Avenue features wide brick sidewalks, old-school lighting, and historic buildings housing modern shops, businesses, and restaurants. The Iris Theatre, established in 1925, offers free black and white movie showings and hosts plays by the Vagabond Players. The No. 1 British Flying Training School Museum at the municipal airport highlights the town's World War II history. Terrell's largest green space, Ben Gill Park, spans 100 acres and includes a lake, public sports fields, playgrounds, and an Olympic-size swimming pool. The community features a variety of home styles, including brick ranch-style homes, cottages, contemporary styles, bungalows, and Craftsmans, often incorporating historical elements. Homes typically range from $200,000 to $300,000 and spend about 49 days on the market. Terrell Independent School District serves around 5,000 students, with schools earning average ratings. The town is accessible via several state routes and Interstate 20, with Dallas Love Field located 40 miles away. Local attractions include the Country Store, Rio Lerma, and numerous taquerias, adding to the town's vibrant dining scene.
Home Trends in Terrell, TX
On average, homes in Terrell, TX sell after 89 days on the market compared to the national average of 70 days. The median sale price for homes in Terrell, TX over the last 12 months is $275,000, down 39% from the median home sale price over the previous 12 months.
Median Sale Price
$275,000
Median Single Family Sale Price
$339,450
Average Price Per Sq Ft
$207
Number of Homes for Sale
33
Last 12 months Home Sales
148
Median List Price
$339,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-39%