Terrace Heights, WA

Seller's market+36.2% YoY

Housing market overview · Updated weekly

$428,000median sale price

Homes sold

10

Last 12 weeks

Days on market

49

Average pace

Active listings

15

1.5 months supply

Sale-to-list

95.6%

Below asking

The Terrace Heights housing market is currently classified as a seller's market with a median sale price of $428,000. Prices have risen 36.2% compared to last year, with homes spending an average of 49 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Terrace Heights

There are currently 15 homes listed for sale in Terrace Heights, Washington. The median listing price is $453K.

Active listings

15

Homes on market

Median list price

$453K

Avg. days on market

49

Days until sale

New this week

2

Newly listed

Price drops:20.0%of listings
Sale-to-list:95.6%

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Frequently asked questions

What is the average home price in Terrace Heights?

The median home sale price in Terrace Heights is $428,000, up 36.2% from last year.

How long do homes stay on market in Terrace Heights?

Homes typically spend 49 days on market before going under contract.

Is Terrace Heights a buyer's or seller's market?

With 1.5 months of supply, Terrace Heights is currently a seller's market.

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