The River Terrace housing market is somewhat competitive. The median sale price of a home in River Terrace was $640K last month, up 18.9% since last year. The median sale price per square foot in River Terrace is $302, down 0.98% since last year.
What is the housing market like in River Terrace today?
In March 2024, River Terrace home prices were up 18.9% compared to last year, selling for a median price of $640K. On average, homes in River Terrace sell after 95 days on the market compared to 34 days last year. There were 56 homes sold in March this year, up from 21 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$639,990
+18.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
River Terrace, OR
$639,990
+18.9%
United States
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How hot is the River Terrace housing market?
River Terrace is somewhat competitive. Homes sell in 67.5 days.
0
100
47
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 3 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 68 days.
Hot homes
can sell for about 1% 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 River Terrace housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in River Terrace.
Risk Factor
Flood Factor - Minor
<1% of properties are at risk of severe flooding over the next 30 years
Flood Factor
River Terrace has a minor risk of flooding. 7 properties in River Terrace are likely to be
severely affected
by flooding over the next 30 years. This represents <1% of all properties in River Terrace. Flood risk is increasing slower than the national average.
54% of properties are at risk of wildfire over the next 30 years
Fire Factor
River Terrace has a moderate risk of wildfire. There are 756 properties in River Terrace that have some risk of being affected by wildfire over the next 30 years. This represents 54% of all properties in River Terrace.
River Terrace has minimal risk of severe winds over the next 30 years
Wind Factor
River 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.