The Menlo Park Terrace housing market is very competitive. The median sale price of a home in Menlo Park Terrace was $365K last month, up 24.8% since last year. The median sale price per square foot in Menlo Park Terrace is $269, down 3.2% since last year.
What is the housing market like in Menlo Park Terrace today?
$365K
Sale Price
+24.8% since last year
$269
Sale $/Sq. Ft.
-3.2% since last year
Over List Price
4.4%
Days on Market
37
Down Payment
11.1%
Total Homes Sold
2
To compare other locations to the Menlo Park Terrace and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Fords add value to a home.
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How hot is the Menlo Park Terrace housing market?
Menlo Park Terrace is very competitive. Homes sell in 37 days.
0
100
71
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 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 4% above list price and go pending in around 37 days.
Hot homes
can sell for about 9% above list price and go pending in around 20 days.
Learn about schools in the Menlo Park Terrace area
Elementary
Middle
High
GreatSchools Rating
6/10
Lafayette Estates Elementary School
Public • K-5
483
Students
8 reviews
5/10
Menlo Park Terrace Elementary School
Public • K-5
349
Students
6 reviews
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 Menlo Park Terrace housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Menlo Park Terrace.
Risk Factor
Flood Factor - Minor
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Menlo Park Terrace has a minor risk of flooding. 82 properties in Menlo Park Terrace are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Menlo Park Terrace. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Menlo Park Terrace has a minor risk of wildfire. There are 7 properties in Menlo Park Terrace that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Menlo Park Terrace.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Menlo Park Terrace has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Menlo Park Terrace is most at risk from hurricanes. 831 properties in Menlo Park 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 79 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 90 mph.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Menlo Park Terrace has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Menlo Park Terrace have a Severe Heat Factor®.
Menlo Park Terrace is expected to see a 128% increase in the number of days over 100ºF over the next 30 years. Menlo Park Terrace is expected to experience 8