Terrace Lake, Kansas City MO Real Estate & Homes For Sale
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Terrace Lake, Kansas City Real Estate Market Trends
?About Terrace Lake, Kansas City Real Estate
Listings spend a median 12 days on market before going under contract, with 12.0 months of supply. Homes in Terrace Lake sit within the Kansas City city limits in MO. Inventory in Terrace Lake: 1 active home, median list $375,000. Sales: 1 closing in the past 12 months, median $170,900 at 98% of list.
Schools serving Terrace Lake, Kansas City
Terrace Lake, Kansas City Real Estate FAQ
What school district serves Terrace Lake?
Terrace Lake is primarily served by the Hickman Mills school district.
What high school is Terrace Lake zoned for?
Terrace Lake is most commonly zoned for Ruskin High School.
What middle school is Terrace Lake zoned for?
Terrace Lake is most commonly zoned for Smith-Hale Middle School.
What elementary school is Terrace Lake zoned for?
Terrace Lake is most commonly zoned for Warford Elementary.
How many homes are for sale in Terrace Lake?
There are 1 homes for sale in Terrace Lake, Kansas City, MO on HouseLoop, updated in real time from Heartland MLS.
What is the median list price in Terrace Lake?
The median list price of homes for sale in Terrace Lake is $375,000.
How long does it take to sell a home in Terrace Lake?
Homes in Terrace Lake go under contract in a median of 12 days after listing.
Is now a good time to sell my home in Terrace Lake?
Terrace Lake is currently a buyer's market — 12.0 months of supply, homes selling at about 98% of list price, a median 12 days to go under contract. Inventory gives buyers more room, so pricing discipline and presentation matter more than they did a couple years ago. Correctly priced homes still sell.
Is now a good time to buy a home in Terrace Lake?
With 12.0 months of supply, homes selling at about 98% of list price, a median 12 days to go under contract, Terrace Lake is a buyer's market. Buyers have negotiating room — especially on homes that have had a price cut or sat past the median days on market.
Are home values increasing in Terrace Lake?
Homes in Terrace Lake are selling at roughly 98% of list price with a median of 12 days to go under contract, which points to a more balanced market where pricing matters. 1 homes sold here in the last 12 months. For an exact change in value for a specific home, a local agent's comparative market analysis is the most reliable read.
Does Terrace Lake have good resale value?
Resale strength comes down to liquidity and how close homes sell to asking. Terrace Lake had 1 sales in the last 12 months, with homes closing at about 98% of list price and a median 12 days to contract — signs of a market where well-maintained homes hold their value and resell efficiently.
How does Terrace Lake (Kansas City, MO) compare to its city?
Terrace Lake (Kansas City, MO) has a median sale price of $170,900 (33% below the city median of $255,500); a sell-to-list ratio of 98% (vs the city median 100%, a 2.0-point discount); a median 12 days to go under contract (4.5 days faster than the city median of 16.5 days). Buyers and sellers can use these benchmarks to gauge how Terrace Lake (Kansas City, MO) is performing relative to the surrounding market.
Newly listed in Terrace Lake, Kansas City
0 last 7 days — unchanged from 0 the previous 7 days.
| Home | List price | Bd / Ba |
|---|---|---|
| 11310 Lister Drive | $375,000 | 4 / 2 |