Terrace Heights (Edmonton) Housing Market Stats: Sold Prices, Sales and Days on Market

Terrace Heights (Edmonton) recorded 25 home sales in the last 12 months (November 9, 2025 – November 8, 2026), at an overall median sold price of $454,000 and a median of 25 days on market. Sold prices: single-family homes at a $517,500 median. Compared with a year ago, the overall median price is down 1.3% versus the prior 12 months and sales volume is essentially flat. Every figure on this page comes from Paragon MLS® sold data — the same dataset behind the Edmonton Housing Data Centre — and refreshes monthly.

Terrace Heights (Edmonton) sold prices by property type

Single-family homes made up 84% of sales; condos and other attached homes the rest. A median sale-to-list ratio near 100% means sellers are getting close to asking; well under it, buyers have room to negotiate. A "—" means that segment had too few sales in Terrace Heights (Edmonton) last year to publish a reliable median.

Is Terrace Heights (Edmonton) up or down? Year-over-year

Sales volume: 25 sales in the last 12 months versus 25 in the prior 12 months (0.0%). Price and volume moving together tells you more than either alone — rising prices on rising volume is demand; rising prices on falling volume is scarcity.

Buying or selling in Terrace Heights (Edmonton)

Sellers: your competition is the 25 homes that actually sold, priced around the $454,000 median — not the listings still sitting. With a median of 25 days on market, a correctly priced Terrace Heights (Edmonton) home should expect an offer inside that window.

Buyers: the median is a map, not a price tag — the range in Terrace Heights (Edmonton) last year ran from $55,555 to $845,000. The segment tables above show where your budget lands: single-family at $517,500 median.

Citywide context: this page is one of 276 Edmonton community dashboards in the Edmonton Housing Data Centre, where the 9-city comparison table and the methodology live.

How these numbers are counted

All figures are computed from Paragon MLS® sold records for November 9, 2025 – November 8, 2026, counted by the community where the home sits, split into single-family and condo segments. Medians are used throughout (half of sales above, half below) because averages are distorted by a few very high or low sales. Segments with too few sales to be reliable are shown as "—" rather than a shaky number.

Want the read on a specific address? Call Travis Bannert at 780-720-8240 — he will price your home, or the one you are chasing, against the actual Terrace Heights (Edmonton) sales above, not a citywide average.

Travis Bannert, Realtor® | Bridge Realty Group, Maxwell Progressive Realty
780-720-8240 | bridgerealtygroup.ca

Sources for this page

• Sold figures: Paragon MLS® sold data, November 9, 2025 – November 8, 2026, with the prior 12 months as the comparison period.
• Community boundaries: City of Edmonton open data neighbourhood boundaries.
• Methodology: Edmonton Housing Data Centre, bridgerealtygroup.ca/edmonton-housing-data-centre.

Frequently asked questions

What is the median home price in Terrace Heights (Edmonton)?
$454,000 overall for the last 12 months — $517,500 for single-family homes, from 25 recorded sales. Condos had too few sales to publish a reliable median.

How many homes sold in Terrace Heights (Edmonton) last year?
25 — 21 single-family and 4 condos — versus 25 in the prior 12 months.

How fast do homes sell in Terrace Heights (Edmonton)?
The median was 25 days on market across all sales (single-family 19 days).

Are Terrace Heights (Edmonton) prices going up or down?
The overall median is down 1.3% versus the prior 12 months, on volume that is essentially flat. One year of medians is a direction, not a guarantee — composition (which homes happened to sell) moves medians too.