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Terrace Lake Gardens, Kansas City, MO Real Estate Market Report

neighborhood · week of June 15, 2026 · nbhd:terrace-lake-gardens:kansas-city:MO · generated 6/22/2026, 12:01:11 AM CT

Market summary

Terrace Lake Gardens remains a deliberate market, with one home moving under contract this week despite zero new listings. The median home sold for $190,000 over the last 30 days, with properties spending 18 days on market and closing at 97% of list price—a sign of balanced buyer-seller dynamics. Year to date, 16 homes have sold at a median price of $201,850, suggesting steady activity in this established neighborhood.

Key numbers

Median sale price (30 days)
$190,000
Sold (30 days)
4
Avg days on market
18
Sell-to-list
97%
Sold year-to-date
16
Median sale YTD
$201,850
Price cuts this week
42
Days to contract (this week)
178

This week in Terrace Lake Gardens, Kansas City, MO

New listings
0
Went under contract
1 →
median 178d to contract
Sold this week
1
listed below

School districts served

Hickman Mills · 92%Kansas City Mo · 6%Grandview · 1%Other · 0%

Went under contract this week (1)

View all under-contract homes →
4516 E 112TH Terrace · 3bd

Homes sold this week (1)

Sold price never shown per Heartland MLS IDX rules.

Frequently asked questions about Terrace Lake Gardens, Kansas City, MO

What is the median home sale price in Terrace Lake Gardens, Kansas City, MO?

The median sale price in Terrace Lake Gardens, Kansas City, MO is $190,000, based on 4 homes sold in the last 30 days.

How fast are homes selling in Terrace Lake Gardens, Kansas City, MO?

Homes in Terrace Lake Gardens, Kansas City, MO are selling in a median of 18 days on market over the last 30 days.

How quickly do homes go under contract in Terrace Lake Gardens, Kansas City, MO?

Homes that went under contract this week in Terrace Lake Gardens, Kansas City, MO did so in a median of 178 days after listing.

Are home prices rising in Terrace Lake Gardens, Kansas City, MO?

Year-to-date, the median sale price in Terrace Lake Gardens, Kansas City, MO is $201,850 across 16 closed sales.

How competitive is the Terrace Lake Gardens, Kansas City, MO market?

Homes in Terrace Lake Gardens, Kansas City, MO are selling at a median of 97% of list price over the last 30 days.

What happened in the Terrace Lake Gardens, Kansas City, MO housing market this week?

This week in Terrace Lake Gardens, Kansas City, MO: 1 home went under contract.