Is Terrell, TX 75160 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Terrell is a buyer’s market. With about 6.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score16/ 100

More competitive than 9% of U.S. ZIP codes, and #672 of 868 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 August 31, 2026. See the breakdown

Months of supply6.7Under 4 months = seller’s market
Sold above original list8.3%Share of sales, last 3 months
Median sale-to-list97.6%Sold price ÷ list price
Median days on market79Listing to accepted offer
Median price per sq ft$170▼ −3.8% vs. last year

The Terrell housing market right now

In the three months ending August 31, 2026, 8% of homes in Terrell, TX 75160 sold above their list price, the typical home went under contract in 79 days and there were 6.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 74 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 11%, homes sold more slowly (71 days then) and the median sale price rose 3% to $299,820. Overall, Terrell is less competitive than a year ago, which gives buyers more room.

Within Kaufman County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell less often over asking than in 71%. On our competition score, Terrell ranks #672 of 868 TX ZIP codes with enough sales (score 16 out of 100).

Nearby, buyers who want less competition could look at Rosser 75157 (0% sold over asking), while Terrell 75161 (23% sold over asking) and Scurry 75158 (17% sold over asking) are even more competitive.

Nearby markets

Crandall 75114Seller’s market $148 /sq ftForney 75126Balanced $153 /sq ftKaufman 75142Buyer’s market $172 /sq ftKemp 75143Buyer’s market $164 /sq ft Browse all markets →

Where Terrell is

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Questions about Terrell real estate

Is Terrell a buyer’s or seller’s market?

A buyer’s market: there were 6.7 months of supply in Terrell, TX 75160 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 79 days in the latest three months.

Do homes in Terrell sell over asking?

8% of homes sold above their original list price, and the typical sale closed at 97.6% of the list price.

What are property taxes in Terrell?

About 1.68% of a home’s value a year in Kaufman County, or roughly $6,720 on a $400,000 home.

What is the median home price in Terrell?

The median sale price was $299,820 in the three months ending August 31, 2026, about $170 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