Terrell County, Georgia Housing Market
In Terrell County, Georgia, the median home value is $118,400, with a median monthly rent of $745. This places Terrell County at #2664 nationally out of 3134 counties by median home value, and #119 within Georgia.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $915
- Establishments: 197
- BLS QCEW, 2025
Housing Supply
- Single-family: 5
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 3,178 (avg $52,689)
- Outflow: 3,035 (avg $52,612)
- IRS Statistics of Income
📝 Editor's Insight
None
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Terrell County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Terrell County →How Terrell County Compares
| Metric | Terrell County | Georgia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $118,400 | $197,932 | $227,706 |
| Median Gross Rent | $745 | $965 | $968 |
| Owner Occupancy Rate | 61.6% | 70.6% | 73.3% |
| Price/Rent Ratio | 13.2 | 16.6 | 18.7 |
Market Analysis
The median home value in Terrell County is 40.2% below the Georgia state average and 48.0% below the U.S. national average. The median rent of $745/month is 22.8% below the state average.
With a price-to-rent ratio of 13.2, buying a home in Terrell County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Terrell County has an owner-occupancy rate of 61.6%, compared to 70.6% in Georgia and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Gove County | Kansas | $118,400 | $705 |
| Washita County | Oklahoma | $118,400 | $815 |
| Jeff Davis County | Georgia | $118,300 | $650 |
| Caldwell County | Kentucky | $118,500 | $767 |
| Tazewell County | Virginia | $118,300 | $795 |
Other Counties in Georgia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Jeff Davis County | $118,300 | $650 | 71.3% |
| Dodge County | $118,100 | $723 | 70.6% |
| Baker County | $119,500 | $631 | 76.7% |
| Talbot County | $117,100 | $816 | 79.6% |
| Sumter County | $120,200 | $857 | 56.6% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).