Terrell Home Values

Terrell sits 30 miles east of Dallas on I-20, the seat of Kaufman County's quieter half where farmland and new subdivisions share the same zip code. Historic Craftsman bungalows line Elm Drive while fresh construction fills out master-planned communities on the city's edges. Buyers here get acreage, gated country properties, and square footage that inner-ring suburbs stopped offering years ago. The draw is tangible: a small-town courthouse square, space to spread out, and a commute that I-20 keeps manageable. Terrell rewards buyers who want elbow room without severing ties to the Metroplex entirely.

Per-square-foot values in Terrell held at roughly $172, placing the city modestly above Kaufman County's recent median and roughly in line with its own trailing-year pace. Based on MLS data for May 2026 closings in Terrell, the typical sale took about 85 days from listing to contract — sellers gave back close to four and a half cents on the dollar, and more than half of all closings included a concession averaging around $12,500. Overbidding was essentially absent, while a slim majority of transactions settled below list price.

Terrell's pipeline currently shows 11.4 months of supply — well above county norms — with only 29 pending contracts drawing from a pool of 381 active listings. New listings added over the trailing three months continued to outpace contract activity, steadily deepening the available supply. The thin pending-to-active ratio and extended days on market, still running in the upper eighties, indicate that absorption is unlikely to tighten meaningfully in the near term.