Is Terrell, NC 28682 a buyer’s or seller’s market?
Terrell is a seller’s market. With about 3.7 months of supply and 17% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 50% of U.S. ZIP codes, and #68 of 431 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown
The Terrell housing market right now
In the three months ending August 31, 2026, 17% of homes in Terrell, NC 28682 sold above their list price, the typical home went under contract in 66 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 12 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (109 days then) and the median sale price fell 46% to $336,354. Overall, Terrell is more competitive than a year ago, so tougher for buyers.
Within Catawba County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 63%.
Nearby, buyers who want less competition could look at Sherrills Ford 28673 (8% sold over asking) or Hickory 28602 (11% sold over asking), while Catawba 28609 (32% sold over asking) and Claremont 28610 (23% sold over asking) are even more competitive.
Run the numbers for 28682
Nearby markets
Catawba 28609Balanced $190 /sq ftClaremont 28610Seller’s market $181 /sq ftConover 28613Seller’s market $194 /sq ftHickory 28601Balanced $183 /sq ft Browse all markets →Towns like Terrell nearby
Find towns like Terrell in other states →Where Terrell is
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Questions about Terrell real estate
Is Terrell a buyer’s or seller’s market?
A seller’s market: there were 3.7 months of supply in Terrell, NC 28682 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Terrell?
The typical home went under contract in 66 days in the latest three months.
Do homes in Terrell sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.
What are property taxes in Terrell?
About 0.58% of a home’s value a year in Catawba County, or roughly $2,320 on a $400,000 home.
What is the median home price in Terrell?
The median sale price was $336,354 in the three months ending August 31, 2026, about $190 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology