The Terrace Lake Gardens housing market is very competitive. The median sale price of a home in Terrace Lake Gardens was $213K last month, up 8.1% since last year. The median sale price per square foot in Terrace Lake Gardens is $117, down 24.0% since last year.
What is the housing market like in Terrace Lake Gardens today?
In October 2024, Terrace Lake Gardens home prices were up 8.1% compared to last year, selling for a median price of $213K. On average, homes in Terrace Lake Gardens sell after 26 days on the market compared to 30 days last year. There were 14 homes sold in October this year, up from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$213,000
+8.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Terrace Lake Gardens, MO
$213,000
+8.1%
United States
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How hot is the Terrace Lake Gardens housing market?
Terrace Lake Gardens is very competitive. Homes sell in 17 days.
0
100
79
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 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 17 days.
Hot homes
can sell for about 3% above list price and go pending in around 6 days.
Schools in Terrace Lake Gardens
Learn about schools in the Terrace Lake Gardens 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 Terrace Lake Gardens housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Terrace Lake Gardens.
Flood Factor - Minor
1% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Terrace Lake Gardens has a minor risk of flooding. 3 properties in Terrace Lake Gardens are likely to be
severely affected
by flooding over the next 30 years. This represents 1% of all properties in Terrace Lake Gardens. Flood risk is increasing slower than the national average.
53% of properties are at risk of wildfire over the next 30 years
Fire Factor
Terrace Lake Gardens has a moderate risk of wildfire. There are 362 properties in Terrace Lake Gardens that have some risk of being affected by wildfire over the next 30 years. This represents 53% of all properties in Terrace Lake Gardens.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Terrace Lake Gardens has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Terrace Lake Gardens is most at risk from hurricanes. 671 properties in Terrace Lake Gardens 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 46 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 46 mph.
100% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Terrace Lake Gardens has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Terrace Lake Gardens have a Moderate Heat Factor®.
Terrace Lake Gardens is expected to see a 157% increase in the number of days over 106ºF over the next 30 years. Terrace Lake Gardens is expected to experience 8