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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

Data last updated: 1 hour ago

Just sold in Terrace Heights (Edmonton): stay updated with the newest MLS® sales as they close. We track newly sold homes daily so you never miss what's happening in your market.

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

View all 48 on the map
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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.

Median Sold Pricen=48

$448,250

Avg: $412,148

Range: $85,000$845,000

Sold % of Askingn=48

98.6%

Homes selling near asking

Avg Time to Selln=7(3-mo avg)

41 days

Balanced Market
3-mo avg
Avg $/Sqftn=48

$347

48 homes sold

Click a property type to view its trends in the chart below:

All Property Types

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2-Year Market Trends: All Property Types

(19 months)
$615k$356k$97k
A
M
J
J
A
S
O
N
D
M
A
M
J
J
A
S
O
D
M
Apr 2024: $461,500+31.2% changeMar 2026: $605,500

Negotiation & Cost Insights

Sold Above Asking

15%

75% sold below

Home Size Range

5792,273

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

The median sold price in Terrace Heights (Edmonton) is $448,250 based on 48 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

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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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