The Royal Terrace housing market is somewhat competitive. The median sale price of a home in Royal Terrace was $155K last month, up 18.8% since last year. The median sale price per square foot in Royal Terrace is $140, up 3.3% since last year.
What is the housing market like in Royal Terrace today?
In February 2025, Royal Terrace home prices were up 18.8% compared to last year, selling for a median price of $155K. On average, homes in Royal Terrace sell after 58 days on the market compared to 56 days last year. There were 13 homes sold in February this year, up from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$154,500
+18.8% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Royal Terrace, FL
$154,500
+18.8%
United States
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How hot is the Royal Terrace housing market?
Royal Terrace is somewhat competitive. Homes sell in 48 days.
0
100
52
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 7% below list price and go pending in around 48 days.
Hot homes
can sell for around list price and go pending in around 25 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
94.4%
+0.8 pt YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
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 Royal Terrace housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Royal Terrace.
Flood Factor - Minor
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Royal Terrace has a minor risk of flooding. 57 properties in Royal Terrace are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Royal Terrace. Flood risk is increasing slower than the national average.
10% of properties are at risk of wildfire over the next 30 years
Fire Factor
Royal Terrace has a moderate risk of wildfire. There are 121 properties in Royal Terrace that have some risk of being affected by wildfire over the next 30 years. This represents 10% of all properties in Royal Terrace.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Royal Terrace has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Royal Terrace is most at risk from hurricanes. 1,193 properties in Royal Terrace have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 148 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 160 mph.