Housing in Terrace Park, OH

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$1,010,000

Median List Price

$600,000

Price Per Sq Ft

$325

Days on Market

32

Active Inventory

2

Months of Supply

1.0

Seller's market

Zillow Home Value

$726,007

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 3.1%List Price 27.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

100.0%

Sale-to-List Ratio

96.3%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
100.0%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

3

Pending Sales

1

Homes Sold 0.0%New Listings 40.0%Pending 75.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$325

Median List $/SF

$390

Sale $/SF 3.6%List $/SF 33.6%Mar 24Jan 26

Terrace Park vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Terrace Park is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$581,000

Median Rent

$3,188

Total Housing Units

773

Vacancy Rate

4.4%

Owner Occupied

96.6%

Renter Occupied

3.4%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$3,000

Housing Types

Single Family
100.0%
Multi-Family
0.0%
Mobile Home
0.0%

The current median sale price in Terrace Park, OH is $1,010,000 according to Redfin data. Homes spend a median of 32 days on the market. 0.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $325. The median rent is $3,188 per month (Census ACS). About 96.6% of housing units are owner-occupied. The median year homes were built is 1954. There are 773 total housing units.