Terrace Park, OH housing market
The typical Terrace Park home is worth about $785,000, up 6.4% in a year, 216% above the Ohio typical home. Homes typically sell in 50 days, close to asking.
Home values, sales, trends and how Terrace Park compares with the towns next door — updated as new data is published.
Terrace Park at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Terrace Park | Ohio |
|---|---|---|
| 2017 | $470,000 | $133,000 |
| 2018 | $479,000 | $141,000 |
| 2019 | $491,000 | $150,000 |
| 2020 | $499,000 | $158,000 |
| 2021 | $545,000 | $178,000 |
| 2022 | $598,000 | $195,000 |
| 2023 | $641,000 | $211,000 |
| 2024 | $684,000 | $224,000 |
| 2025 | $723,000 | $237,000 |
| 2026 | $755,000 | $245,000 |
| August 2026 | $785,000 | $249,000 |
Terrace Park and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Terrace Park | $785K | +6.4% | 50 | $197,750 |
| The Village of Indian Hill | $1.7M | +8.8% | 35 | $234,821 |
| Milford | $334K | +2.3% | 49 | $78,057 |
| Anderson | — | — | 35 | $121,661 |
4 years of income
The typical Terrace Park home costs about 4 years of the town's median household income, more than across Ohio (3.5 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.