The median sale price of a home in Willow Terrace was $307K last month, down 0.24% since last year. The median sale price per square foot in Willow Terrace is $204, up 14.2% since last year.
What is the housing market like in Willow Terrace today?
In March 2024, Willow Terrace home prices were down 0.24% compared to last year, selling for a median price of $307K. On average, homes in Willow Terrace sell after 28 days on the market compared to 18 days last year. There were 13 homes sold in March this year, down from 20 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$307,000
-0.24% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Willow Terrace, VA
$307,000
-0.24%
United States
To compare other locations to the Willow Terrace and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Norfolk add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Willow 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)
98.6%
-0.98 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Willow Terrace, VA
98.6%
-0.98 pt
United States
Home offer insights for Willow Terrace
Explore recent offers and recently sold homes in Willow Terrace
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 Willow Terrace housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Willow Terrace.
Risk Factor
Flood Factor - Moderate
99% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Willow Terrace has a moderate risk of flooding. 202 properties in Willow Terrace are likely to be
severely affected
by flooding over the next 30 years. This represents 99% of all properties in Willow Terrace. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Willow Terrace has a minor risk of wildfire. There are 4 properties in Willow Terrace that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Willow Terrace.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Willow Terrace has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Willow Terrace is most at risk from hurricanes. 1,350 properties in Willow 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 124 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 137 mph.