The The Terraces housing market is somewhat competitive. The median sale price of a home in The Terraces was $533K last month, down 3.5% since last year. The median sale price per square foot in The Terraces is $245, down 0.2% since last year.
What is the housing market like in The Terraces today?
In May 2025, The Terraces home prices were down 3.5% compared to last year, selling for a median price of $533K. On average, homes in The Terraces sell after 91 days on the market compared to 16 days last year. There were 9 homes sold in May this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$533,000
-3.5% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
The Terraces, CA
$533,000
-3.5%
United States
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How hot is the The Terraces housing market?
The Terraces is somewhat competitive. Homes sell in 57.5 days.
0
100
61
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 around list price and go pending in around 58 days.
Hot homes
can sell for about 3% above list price and go pending in around 26 days.
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 The Terraces housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in The Terraces.
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
The Terraces has a minor risk of flooding. 12 properties in The Terraces are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in The Terraces. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
The Terraces has a severe risk of wildfire. There are 853 properties in The Terraces that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in The Terraces.
The Terraces has minimal risk of severe winds over the next 30 years
Wind Factor
The Terraces has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.