The median sale price of a home in Southern Terrace was $485K last month, up 12.8% since last year. The median sale price per square foot in Southern Terrace is $244, up 14.8% since last year.
What is the housing market like in Southern Terrace today?
In March 2024, Southern Terrace home prices were up 12.8% compared to last year, selling for a median price of $485K. On average, homes in Southern Terrace sell after 46 days on the market compared to 119 days last year. There were 39 homes sold in March this year, up from 37 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$485,000
+12.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Southern Terrace, NV
$485,000
+12.8%
United States
To compare other locations to the Southern Terrace and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Spring Valley add value to a home.
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How hot is the Southern Terrace housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
97.9%
-0.084 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Southern Terrace, NV
97.9%
-0.084 pt
United States
Home offer insights for Southern Terrace
Explore recent offers and recently sold homes in Southern Terrace
Recent offers
Offer Not Accepted|
8 Weeks Ago
~$375K Offer
Sold for $375K
3bd | 2.5ba | ~1,500sqft
Over List Price
0%
Days on Market
1
Competing Offers
1
Down Payment
~50%
Fernanda Kriese
Southern Terrace Redfin Agent
customer proceeded with another property and not interested in this home any longer.
View houses in Southern Terrace that sold recently
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Southern Terrace housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southern Terrace.
Risk Factor
Flood Factor - Minor
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southern Terrace has a minor risk of flooding. 300 properties in Southern Terrace are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Southern Terrace. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Southern Terrace has a severe risk of wildfire. There are 5,557 properties in Southern Terrace that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Southern Terrace.
Southern Terrace has minimal risk of severe winds over the next 30 years
Wind Factor
Southern Terrace has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Southern Terrace has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Southern Terrace have a Severe Heat Factor®.
Southern Terrace is expected to see a 142% increase in the number of days over 104ºF over the next 30 years. Southern Terrace is expected to experience 7