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Housing in Terrace Heights

89 homes sold in Terrace Heights in the last year, at a typical $431K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Terrace Heights homes are listed.

Homes for sale in Terrace HeightsZillowRedfinRealtor.comMore places to look ↓
Homes sold
89
October 2025 to September 2026
Typical sale price
$431K
median, weighted by sales
Price per square foot
$217
Washington $346
Paid vs. asking
95.1%
10% sold over asking
For sale now
19
September 2026 · 6 sold that month
What sold · last 12 months

Houses are 99% of Terrace Heights’ sales, at a typical $399K (year to May 2026)

89 homes sold in the year to September 2026.

Houses$399K

typical sale · 89 sold in the year to May 2026

Per square foot
$216WA $348
Days to sell
45
Sold over asking
15%
Listings with a price cut
39%
Fewer sales

Condos: 1 sold, typical $300K

Too few sales in 12 months for reliable figures.

12 years of sales

About as many homes sell as usual, at 1.8 times the 2016 price

89 sales in the last year, against 144 in 2021 and a low of 67 in 2014. The typical sale went from $235K in 2016 to $431K.

Homes soldTypical sale price
03775112150$200K$300K$400K$500K2014: 67 sold, typical $211K’142015: 78 sold, typical $208K2016: 104 sold, typical $235K’162017: 96 sold, typical $250K2018: 101 sold, typical $278K’182019: 71 sold, typical $273K2020: 93 sold, typical $297K’202021: 144 sold, typical $372K2022: 83 sold, typical $387K’222023: 80 sold, typical $398K2024: 86 sold, typical $431K’242025: 84 sold, typical $380KLast 12 months: 89 sold, typical $431KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $450K buys in Terrace Heights

Houseat $216 a sq ft, year to May 2026
The same money in Washingtonat $348 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Terrace Heights homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 12 years of sales

Bidding wars in Terrace Heights are rarer than before the pandemic, but a quarter fewer homes come up for sale

We read every month of Terrace Heights’ home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 89 sales.

If you’re buying in Terrace Heights

  • Shop in August. It brings about 11 new listings a month, close to the busiest month, with fewer bidding wars (23% over asking).
  • Offer under asking. Buyers paid 95.1% of the list price on average; 10% paid over.
  • You’ll usually have time. Only 33% of homes go under contract within two weeks; the typical one takes 47 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 12 a month), but July is the most competitive: 41% of July sales close over asking. August offers nearly as much choice with fewer homes bid up (23%). October has the least competition (20%).

New listings a monthShare sold over asking
03.87.511.31520%40%60%Sweet spotJan: 5 new listings a month, 24% sold over asking, 70 days to sellJFeb: 6 new listings a month, 24% sold over asking, 114 days to sellFMar: 8 new listings a month, 28% sold over asking, 98 days to sellMApr: 9 new listings a month, 35% sold over asking, 76 days to sellAMay: 10 new listings a month, 34% sold over asking, 49 days to sellMJun: 12 new listings a month, 30% sold over asking, 52 days to sellJJul: 10 new listings a month, 41% sold over asking, 49 days to sellJAug: 11 new listings a month, 23% sold over asking, 53 days to sellASep: 9 new listings a month, 34% sold over asking, 53 days to sellSOct: 8 new listings a month, 20% sold over asking, 63 days to sellONov: 7 new listings a month, 34% sold over asking, 64 days to sellNDec: 4 new listings a month, 21% sold over asking, 58 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Washington

Terrace Heights now2017–192021 peakWA now
Sold over askingShare of sales that closed above the list price10%28%42%25%
Gone within two weeksShare of homes under contract within 14 days33%2%4%38%
Price paid vs. askingAverage sale price ÷ list price95.1%99%100.1%99.1%
Days to sellMedian days from listing to contract47756135
Supply

20 homes for sale on a typical day

That’s 1.4 times the 2024 low (14), 24% fewer than in 2017–19 and well under 2014’s 43.

2014: 43 for sale’142015: 42 for sale2016: 28 for sale2017: 29 for sale’172018: 31 for sale2019: 19 for sale2020: 18 for sale’202021: 29 for sale2022: 18 for sale2023: 16 for sale’232024: 14 for sale2025: 22 for saleLast 12 months: 20 for saleNow
Across Washington

Terrace Heights ranks 186th of 191 busy Washington markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Terrace Heights is one of the state’s calmer markets.

Source: Redfin Data Center, city figures, January 2014 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Terrace Heights home costs about $2,606 a month

Mortgage
Property tax
Insurance
Rent

Price: Terrace Heights’ typical sale, last 12 months. Property tax at Terrace Heights’ 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Terrace Heights is affordable on local pay is on Cost of living.

Before you buy in Terrace Heights

Six things worth knowing

12

New listings in June

The month with the most choice. December has the fewest, about 4.

Best time to buy
1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $431K home, about $4,280 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Terrace Heights, from test results, graduation and how much students grow.

Schools in Terrace Heights
19 min

Typical commute

The average one-way trip to work for people who live in Terrace Heights.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot

The busier markets within 25 miles of Terrace Heights, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Yakima782$391K$23025%33
Terrace Heights89$431K$21710%47
Selah69$431K$24258%42
Ahtanum50$488K$26420%49
Moxee45$394K$22031%35
Union Gap38$313K$25625%18
Summitview22$653K$2563%61

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Terrace Heights, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Terrace Heights. People who follow the town see it, and so do people comparing Terrace Heights with their own town. No commission, no listing fee.

Questions about buying a home in Terrace Heights

What do homes sell for in Terrace Heights, WA?

89 homes sold in the year to September 2026 at a typical $431K, $217 a square foot.

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

A seller’s market: 19 homes were for sale in September 2026 and 6 sold, about 2.8 months of supply. Buyers paid 95.1% of asking on average.

When is the best time to buy in Terrace Heights?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Terrace Heights?

About 1% of a home’s value a year. On a $431K home that’s near $4,280.

Where can I see homes for sale in Terrace Heights?

Zillow, Redfin, Realtor.com and Homes.com all carry Terrace Heights’ MLS listings; the search links above open each one filtered to Terrace Heights.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).