Terrace Heights (Edmonton) Homes Sold in the Last 30 Days
Find comparable sales in Terrace Heights (Edmonton). Use MLS® past sales data and comps to understand property values.
Homes sold in the last 30 days
2
Typical sale price
$485,750
Average time to sell
14 days
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See homes sold in the last 30 days, review sold history, and understand pricing trends. From bungalows sold to townhouse sold prices — get the complete Terrace Heights (Edmonton) picture with up to 2 years of recent sales.
Terrace Heights (Edmonton) Sold Data Overview
Over the past 2 years, 48 homes have sold in Terrace Heights (Edmonton), Edmonton, with a median sold price of $448K. Sale prices have ranged from $85K to $845K. The typical home sells in 28 days, showing a balanced market. Homes are selling at 98.6% of their list price — very close to asking price. The most common property types sold include Detached Single Family (40), Condo (RAE) (8).
Recently Sold in Terrace Heights (Edmonton)
2 homes sold in the last 30 days. Showing 2 of 2 • Updated April 10, 2026 at 4:34 PM
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Terrace Heights (Edmonton) Market Insights
See how the market is performing — prices, how fast homes are selling, and whether buyers or sellers have the advantage.
$448,250
Avg: $412,148
Range: $85,000 – $845,000
98.6%
Homes selling near asking
41 days
$347
48 homes sold
Click a property type to view its trends in the chart below:
All Property Types
(click to filter chart)2-Year Market Trends: All Property Types
(19 months)Negotiation & Cost Insights
Sold Above Asking
15%
75% sold below
Home Size Range
579 – 2,273
sq ft
Price Spread
±$187,491
standard deviation
48
Homes sold (last 2 years)
8
Currently for sale
4.0
Months of Inventory (MOI)
25.0%
Absorption Rate (30d)
2
New in April 2026
2 vs 1
Sold count (last 30 vs prior 30): +100.0%
Median price: $485,750 vs $845,000 (-42.5%)
How does Terrace Heights (Edmonton) compare to Edmonton?
Terrace Heights (Edmonton) typical sale price
$485,750
2 sold in last 30 days
Edmonton typical sale price
$420,000
1,315 sold in last 30 days
Neighbourhood Guide: Terrace Heights (Edmonton), Edmonton
Neighbourhood Overview
Terrace Heights is a mature, roughly triangle-shaped neighbourhood in southeast Edmonton, known for its peaceful residential streets and excellent accessibility. Developed largely in the post-WWII era, the community offers a blend of historic charm and modern convenience. With 48 homes sold over the last 12 months, it remains a stable and attractive choice for both families and professionals.
Location
The neighbourhood is bounded by 75 Street and Wayne Gretzky Drive to the west, 98 Avenue and Terrace Road to the south, and 101 Avenue alongside the scenic Fulton Creek Ravine to the northeast. This strategic positioning provides residents with a quick and direct commute to Downtown Edmonton.
Housing Character
The neighbourhood features a diverse housing mix, though single-family detached homes on mature tree-lined streets are the dominant property type. Buyers will find well-maintained post-war bungalows alongside newer infill developments. The local market sits in a mid-range price bracket, reflected by an average sold price of $412,148 and a median sold price of $448,250.
Schools & Education
The community is served locally by Terrace Heights Elementary School within the Edmonton Public School system. Families also have convenient access to nearby educational institutions such as Hardisty School, Ottewell School, and Austin O'Brien Catholic High School just outside the neighbourhood boundaries.
Transit & Access
Terrace Heights offers excellent connectivity for commuters. Major arteries like 98 Avenue provide direct access to the downtown core, while Wayne Gretzky Drive easily connects to north Edmonton. The area is highly walkable and transit-friendly, featuring well-developed cycling infrastructure and accessible local bus routes.
Shopping & Dining
A commercial corridor along 101 Avenue provides residents with local businesses, dining options, and everyday services. For comprehensive retail needs, Capilano Mall is conveniently located just south of the neighbourhood boundary, offering major grocery and retail anchors.
Parks & Recreation
Outdoor enthusiasts benefit from the neighbourhood's immediate proximity to Fulton Creek Ravine and the nearby North Saskatchewan River Valley, which offer extensive walking and biking trails. The active Forest/Terrace Heights Community League serves as a local hub, maintaining a community hall, an outdoor skating rink, and various recreational programs.
Lifestyle & Community
Life in Terrace Heights is characterized by an easygoing charm, community cohesion, and a relaxed environment. With properties seeing an average of 41 days on the market, the area appeals to buyers who value a balanced lifestyle with easy access to both urban amenities and lush natural green spaces.
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Frequently Asked Questions
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
The MLS® System Data is made available from the REALTORS® Association of Edmonton.
Days on hômm and market statistics values are calculated by hômm based on values provided in the REALTORS® Association of Edmonton listing data feed.
Mortgage values are calculated by hômm and are provided for estimate purposes only.
The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.
Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).
*Sold date and price are as reported on the RAE's MLS® system.
Listing information last updated on April 11, 2026 at 6:00 pm (America/Edmonton)
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