The Terraces Historic District Housing Market Trends
What is the housing market like in The Terraces Historic District today?
In October 2024, The Terraces Historic District home prices were down 3.5% compared to last year, selling for a median price of $205K.
$275K
Sale Price
$104
Sale $/Sq. Ft.
Under List Price
2.3%
Days on Market
67
Down Payment
—
Total Homes Sold
3
To compare other locations to the The Terraces Historic District and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Fort Smith add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
View houses in The Terraces Historic District that sold recently
Learn about schools in the The Terraces Historic District area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 Historic District housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in The Terraces Historic District.
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
The Terraces Historic District has a minor risk of flooding. 26 properties in The Terraces Historic District are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in The Terraces Historic District. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
The Terraces Historic District has a moderate risk of wildfire. There are 216 properties in The Terraces Historic District that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in The Terraces Historic District.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
The Terraces Historic District has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. The Terraces Historic District is most at risk from hurricanes. 217 properties in The Terraces Historic District 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 54 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 61 mph.
87% of properties are at severe
risk of heat over the next 30 years
Heat Factor
The Terraces Historic District has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 87% of homes in The Terraces Historic District have a Severe Heat Factor®.
The Terraces Historic District is expected to see a 185% increase in the number of days over 112ºF over the next 30 years. The Terraces Historic District is expected to experience 7