What is the median home value in Terrace Park, OH?
The median value of owner-occupied homes in Terrace Park, OH is $606,600 (±$60,740), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Terrace Park, the median home value went from $527,500 in 2015–2019 to $606,600 in 2020–2024 (+15.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median home value
- $606,600 (±$60,740)
- Owner-occupied homes
- 716 (±72)
- Most common range
- $500,000 to $999,999
Home values in Terrace Park
| Value | Terrace Park | Hamilton County | Ohio | United States |
|---|---|---|---|---|
| Less than $50,000 | 1.8% (±1.5 points) | 3.5% | 6.3% | 5.3% |
| $50,000 to $99,999 | 0.6% (±0.7 points) | 6.1% | 10.0% | 6.1% |
| $100,000 to $149,999 | 2.8% (±2.3 points) | 11.3% | 13.4% | 6.8% |
| $150,000 to $199,999 | 0.0% (±5.1 points) | 17.1% | 16.3% | 9.0% |
| $200,000 to $299,999 | 2.5% (±1.4 points) | 24.4% | 23.3% | 17.8% |
| $300,000 to $499,999 | 31.4% (±7.2 points) | 23.5% | 21.8% | 26.9% |
| $500,000 to $999,999 | 45.7% (±6.3 points) | 11.6% | 7.7% | 20.9% |
| $1,000,000 or more | 15.2% (±4.7 points) | 2.6% | 1.2% | 7.1% |
The most common range is $500,000 to $999,999, 45.7% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Terrace Park against Hamilton County, its state and the nation
| Terrace Park | Hamilton County | Ohio | United States | |
|---|---|---|---|---|
| Median home value | $606,600 (±$60,740) | $241,900 (±$3,015) | $214,800 (±$742) | $332,700 |
| Owner-occupied homes | 716 (±72) | 210,407 (±2,592) | 3,267,904 (±16,882) | 84,210,142 |
In Terrace Park, the median home value is higher than in Hamilton County ($241,900).
It is also higher than in Ohio ($214,800).
It is higher than the national figure ($332,700).
In Hamilton County, Terrace Park ranks 5 of 87 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 17 of 2,341.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Terrace Park have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $527,500 (±$48,336) | $606,600 (±$60,740) | +15.0% | No measurable change after inflation |
| Median owner cost with a mortgage | $3,132 (±$318) | $3,685 (±$221) | +17.7% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Terrace Park
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Terrace Park | — | $606,600 (±$60,740) | — |
| Milford | 1.5 mi | $238,700 (±$46,102) | Lower |
| The Village of Indian Hill | 2.4 mi | $1,192,800 (±$108,410) | Higher |
| Summerside | 3.1 mi | $210,200 (±$17,842) | Lower |
| Newtown | 3.2 mi | $401,400 (±$92,103) | Lower |
| Madeira | 3.7 mi | $484,200 (±$48,789) | Lower |
| Mariemont | 3.7 mi | $607,600 (±$118,075) | Not measurably different |
| Dry Run | 3.9 mi | $472,200 (±$16,746) | Lower |
| Mulberry | 4.2 mi | $219,600 (±$32,924) | Lower |
Nearby places with a measurably lower figure: Milford, OH ($238,700), Summerside, OH ($210,200), Newtown, OH ($401,400).
Nearby places with a measurably higher figure: The Village of Indian Hill, OH ($1,192,800).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Hamilton County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | The Village of Indian Hill | $1,192,800 (±$108,410) |
| 2 | Coldstream | $849,600 (±$103,930) |
| 3 | Sixteen Mile Stand | $622,500 (±$33,706) |
| 4 | Mariemont | $607,600 (±$118,075) |
| 5 | Terrace Park | $606,600 (±$60,740) |
| 6 | Montgomery | $545,100 (±$40,874) |
| 7 | Amberley | $515,400 (±$67,018) |
| 8 | Symmes Township (Hamilton County) | $506,300 (±$28,705) |
| 9 | Madeira | $484,200 (±$48,789) |
| 10 | Dry Run | $472,200 (±$16,746) |
| 11 | Glendale | $450,700 (±$68,972) |
Showing 11 of 87 places in Hamilton County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Terrace Park
What is the average home value in Terrace Park, OH?
The Census Bureau publishes the median: $606,600 (±$60,740) for owner-occupied homes in Terrace Park (2020–2024 American Community Survey).
Have home values in Terrace Park gone up?
In Terrace Park, the median home value went from $527,500 in 2015–2019 to $606,600 in 2020–2024 (+15.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Is this what homes in Terrace Park sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Terrace Park village, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Terrace Park village, Ohio
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Terrace Park village, Ohio
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Terrace Park village, Ohio
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Terrace Park village, Ohio (place:76428, in state:39).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Income and affordability in Terrace Park
- Homeowner costs in Terrace Park
- Property taxes in Terrace Park
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- Age of homes in Terrace Park
- Heating fuel in Terrace Park
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- Population growth in Terrace Park
- How long people stay in Terrace Park
- Fair Market Rent in Terrace Park
- Ohio landlord and tenant rules
- Housing across Hamilton County
- Ohio places ranked by median home value
- Housing data for every place in Ohio