Terrell Hills Housing Market Report January 2025Bexar County, Texas

hero building illustration for mobile

Housing Prices in Terrell Hills, TX

How much do homes in Terrell Hills, TX cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Terrell Hills is a Buyer's Market

Difference Since December 2024

Last month, Terrell Hills was a Seller's Market.

Insight

Terrell Hills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$420,000$209/SqFt
-$200,750
-32.3%

Based on all homes sold in January 2025

Insight

Homes in Terrell Hills have sold for 32.3% less than they did a month ago.

Summary: The median home sold price in Terrell Hills was $420,000 in January 2025, down 32.3% from last month, and the median price per square foot was $209.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2024Jan 2025Change YoY
1--
N/A
2--
N/A
3$421.5K$464.9K
+10.3%
4$335.4K$367.9K
+9.7%
5$1.0M-
N/A

Summary: Terrell Hills housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +10.3%. The home price for 4 bedroom homes increased by +9.7%. The home price for 5 bedroom homes did not change.

Housing supply in Terrell Hills, TX

How many homes are available in Terrell Hills, TX?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
27Last MonthJan 2025
282 months agoDec 2024
-3.6 %
Change MoMDec – Jan

Summary: The Terrell Hills real estate market had 27 homes for sale in Jan 2025, a 3.6 % decrease compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
3Last MonthJan 2025
62 months agoDec 2024
-50.0 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
200
0.0%
31311
-15.4%
41011
+10.0%
555
0.0%

Summary: Terrell Hills housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -15.4%. The inventory for 4 bedroom homes increased by +10.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Terrell Hills, TX cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price2 Homes

Insight

If you're buying a home in Terrell Hills, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Terrell Hills in January 2025, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and and 33% were sold over asking.

Days on Market for Terrell Hills, TX

How long does it take to sell a home in Terrell Hills, TX?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days2 Homes

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in Terrell Hills has remained consistent over time.

Summary: During January 2025, 3 homes were sold in Terrell Hills; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
116 DaysLast MonthJan 2025
79 Days1 month agoDec 2024
+45.3 %
Change MoMDec – Jan

Summary: Homes in Terrell Hills had an average listing age of 116 days in Jan 2025, up by 45.3% compared to the previous month.

Newest Listings in Terrell Hills, TX

What homes are available in Terrell Hills, TX?

MLS Disclaimers and Copyright

Based on information from San Antonio Board of REALTORS MLS, for the period 12/01/2024 - 02/01/2025

IDXDisclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2025 San Antonio Board of Realtors®. All Rights Reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Properties subject to prior sale, change, withdrawal or rental. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 2/5/2025, 11:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.