What is the average home price in Terrace Heights (Edmonton)?

The average home price in Terrace Heights (Edmonton) is $954K. This is based on current MLS® listings in the neighbourhood.

What is the median home price in Terrace Heights (Edmonton), Edmonton?

The median home price in Terrace Heights (Edmonton), Edmonton is $829K. Half of the homes for sale are priced below this amount, and half are priced above.

How much do homes cost in Terrace Heights (Edmonton)?

Homes in Terrace Heights (Edmonton) range from $81K to $2.6M, with an average price of $954K.

What is the price range for homes in Terrace Heights (Edmonton)?

The current price range for homes in Terrace Heights (Edmonton) is $81K to $2.6M. This represents the full spectrum of available properties in the neighbourhood.

Are home prices going up or down in Terrace Heights (Edmonton)?

Terrace Heights (Edmonton) is experiencing balanced market conditions. For the most current price trends and market analysis, contact our local real estate experts who track daily market changes.

What is the most expensive home sold in Terrace Heights (Edmonton) recently?

The most expensive home recently sold in Terrace Heights (Edmonton) was $557K. This represents the premium end of the local market out of 4 recent sales.

What is the cheapest home for sale in Terrace Heights (Edmonton)?

The most affordable home currently for sale in Terrace Heights (Edmonton) is priced at $81K. This represents an entry-level opportunity in the neighbourhood.

How many homes sold in Terrace Heights (Edmonton) last month?

4 homes sold in Terrace Heights (Edmonton) in the last 30 days. This indicates limited market activity in the area.

How long do homes stay on the market in Terrace Heights (Edmonton)?

Homes in Terrace Heights (Edmonton) typically stay on the market for an average of 50 days, with a median of 48 days. This indicates a moderate market.

What is the average days on market in Terrace Heights (Edmonton)?

The average days on market in Terrace Heights (Edmonton) is 50 days. This metric helps buyers and sellers understand how quickly properties sell in the area.

How fast do homes sell in Terrace Heights (Edmonton)?

Homes in Terrace Heights (Edmonton) sell relatively slowly, with a median time of 48 days on the market. Half of all sales happen faster than this timeframe.

Is Terrace Heights (Edmonton) a seller's or buyer's market?

Terrace Heights (Edmonton) is currently experiencing balanced market conditions with homes selling in an average of 50 days.

Do homes sell above or below asking price in Terrace Heights (Edmonton)?

Homes in Terrace Heights (Edmonton) typically sell at asking price. This indicates balanced market conditions.

How active is the real estate market in Terrace Heights (Edmonton)?

The real estate market in Terrace Heights (Edmonton) is moderate and 4 recent sales. This indicates steady market conditions.

Homes for Sale in Terrace Heights (Edmonton), Edmonton

Terrace Heights (Edmonton) real estate with comprehensive market data including active MLS® listings, recently sold properties, market statistics, and neighbourhood insights. Find your perfect home today.

Discover Terrace Heights (Edmonton)

Terrace Heights, located in southeast Edmonton, offers a harmonious blend of suburban tranquility and urban convenience, making it an attractive choice for those seeking homes for sale in Terrace Heights (Edmonton). Established primarily between the late 1940s and early 1960s, this mature neighborhood features a diverse mix of housing options, including single-family homes and apartment-style condominiums, many of which have been thoughtfully updated to meet modern standards. Residents enjoy proximity to essential amenities such as the Capilano Mall, which provides a variety of shopping and dining options. The neighborhood is also home to the innovative Capilano Library, a hub for community engagement and learning. For outdoor enthusiasts, the nearby North Saskatchewan River Valley offers extensive trails and green spaces, perfect for recreation and relaxation. Families will appreciate the access to reputable schools, including Forest Heights School (K-6), Hardisty School (7-9), and McNally School (10-12). With its strategic location, Terrace Heights ensures a swift commute to downtown Edmonton via 98 Avenue and convenient access to other parts of the city through major roadways like Wayne Gretzky Drive. This combination of accessibility, community amenities, and a variety of housing options makes Terrace Heights a compelling choice for prospective homeowners.

Terrace Heights (Edmonton) Sold Data and Active Listings

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Terrace Heights (Edmonton) Market Statistics

Market data updated: Aug 16, 2025, 10:41 p.m.

Terrace Heights (Edmonton) real estate features 5 homes for sale with an average list price of $953,800, while recent sales averaged $454,725 with homes typically selling in 48 days. The Terrace Heights (Edmonton) housing market has seen 4 homes sold in the past 30 days.

Price Statistics

Average List Price

$953,800

Median List Price

$829,000

List Price Range

$81,000 - $2,650,000

Price Volatility

$901,149

Market Activity

Active Listings

Recently Sold (30 days)

Time on Market

Average Days

Median Days

Fastest Sale

Longest Sale

Volatility (SD)

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Frequently Asked Questions

Get instant answers about Terrace Heights (Edmonton) real estate market conditions, pricing, and trends based on current MLS® data.

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Terrace Heights (Edmonton) Sold Data and Active Listings

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Terrace Heights (Edmonton) Market Statistics

Price Statistics

Market Activity

Time on Market

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Frequently Asked Questions

What is the average home price in Terrace Heights (Edmonton)?

What is the median home price in Terrace Heights (Edmonton), Edmonton?

How much do homes cost in Terrace Heights (Edmonton)?

What is the price range for homes in Terrace Heights (Edmonton)?

Are home prices going up or down in Terrace Heights (Edmonton)?

What is the most expensive home sold in Terrace Heights (Edmonton) recently?

What is the cheapest home for sale in Terrace Heights (Edmonton)?

How many homes are for sale in Terrace Heights (Edmonton)?

How many homes sold in Terrace Heights (Edmonton) last month?

How long do homes stay on the market in Terrace Heights (Edmonton)?

What is the average days on market in Terrace Heights (Edmonton)?

How fast do homes sell in Terrace Heights (Edmonton)?

Is Terrace Heights (Edmonton) a seller's or buyer's market?

Do homes sell above or below asking price in Terrace Heights (Edmonton)?

How active is the real estate market in Terrace Heights (Edmonton)?

Need More Information About Terrace Heights (Edmonton)?

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