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Housing in Terrytown

A typical Terrytown home is worth roughly $114,000

Home prices around Terrytown have risen about 41% over the past 5 years.

Typical home value
$114K
▲ 7.2% in a year · NE $281K
Estimate
2-bedroom rent
$960
a month, utilities in · HUD
Median tax bill
$2,383
NE $3,549

What kind of housing town is Terrytown?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 2.6 years of income

Less than across Nebraska (3.7 years). Try your own numbers below.

You could afford about
$147,000
Typical Terrytown home $114K

That covers a typical Terrytown home, with $33K to spare.

The typical home, each month
$800
Loan $560Tax $200Insurance $30

A two-bedroom rents for about $960 a month here, $160 more than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Terrytown’s typical property tax (2.09% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Home prices up 41% in 5 years

The federal house price index for the ZIP code around Terrytown rose 41% over the past 5 years, slower than across Nebraska (49%). Last year prices rose 7.2%.

Terrytown areaNebraska
0%+50%+100%+150%200020052010201520202025
+7.2%
past year
+41%
past 5 years
+53%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Terrytown, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $960

Renters already here pay a median of $848, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$670
1 bedroom$740
2 bedrooms$960
3 bedrooms$1,280
4 bedrooms$1,360
49%
of households rent · NE 34%
154
renter households
$848
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Banner County, NE): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

51% of Terrytown households own their home

Half of Terrytown’s homes were built before 1970.

Owners and renters
Own 51%Rent 49%

Nebraska: 67% own.

1970
typical home built · NE 1975
$2,383
median property tax bill · NE $3,549
2.09%
of a home’s value, a year in tax · NE 1.49%

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Next door

Terrytown vs. its neighbors

Terrytown is the least expensive of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Terrytown$114K*+7.2%†$960—$43,618
Gering$215K+2.8%$9605$75,093
Scottsbluff$186K+3.8%$1,0208$56,359

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Terrytown buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Terrytown still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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