What is the housing market like in Shea Terrace today?
In April 2025, Shea Terrace home prices were down 12.0% compared to last year, selling for a median price of $238K. On average, homes in Shea Terrace sell after 74 days on the market compared to 52 days last year. There were 4 homes sold in April this year, down from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$237,500
-12.0% YoY | Apr 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2025
Growth
% YoY
Shea Terrace, VA
$237,500
-12.0%
United States
To compare other locations to the Shea Terrace and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Portsmouth add value to a home.
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How hot is the Shea Terrace housing market?
Shea Terrace is very competitive. Homes sell in 34 days.
0
100
73
Very 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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 34 days.
Hot homes
can sell for about 2% above list price and go pending in around 17 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 Shea Terrace housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Shea Terrace.
Flood Factor - Extreme
82% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Shea Terrace has an extreme risk of flooding. 254 properties in Shea Terrace are likely to be
severely affected
by flooding over the next 30 years. This represents 82% of all properties in Shea Terrace. Flood risk is increasing slower than the national average.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Shea Terrace has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Shea Terrace is most at risk from hurricanes. 475 properties in Shea 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 120 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 137 mph.