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Terrace Park Home Values: What Homes Actually Sell For

Buying here? See Terrace Park homes for sale and the Terrace Park community guide (Jacksonville).

Terrace Park (Jacksonville, FL): 6 recorded closings in the 12 months ending 2026-10-01, an 8-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.

Median sold price
$146,250
-29.3% vs prior year · window ending 2026-10-01
Median $/sqft
$128
6 recorded closings
Median days to sell
85
from list to contract-to-close record

In the current window, sellers accepted a median 88.1% of original asking; the median sale took 85 days (window ending 2026-10-01).

The 8-year recorded price history

20142026
YearMedian soldMedian $/sqftMedian DOMSold ÷ original askSales
2026$146,250$1288588.1%6
2025$207,000$1431191.0%4
2024$250,000$1806397.8%5
2023$235,500$1507792.5%6
2020$134,200$865596.8%4
2019$61,366$502188.5%5
2016$28,600$2818114.0%3
2014$20,154$174287.5%3

Over the recorded series, Terrace Park’s median sold price moved from $20,154 (2014) to $146,250 (12 months ending 2026-10-01) — +626% over that span, with every year’s figure from recorded closings, not a model.

The last decade in Terrace Park, briefly

The recorded series starts in 2014 at $20,154. Against the 2024 peak of $250,000, the current median stands at -42%. Annual sales volume here has ranged from 1 to 6 closings a year (10-yr average 3.6). With roughly 3.6 closings a year, Terrace Park’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.

Where Terrace Park sales actually landed, 2024–2026

Of the 15 recorded Terrace Park closings since 2024, half landed between $127,750 and $240,000 (the middle two quartiles); the lowest recorded sale was $67,000 and the highest $339,900. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.

Sold price bandShare of closingsSales
Under $100,000
2 (13%)
$100,000 – $158,333
3 (20%)
$158,333 – $216,667
5 (33%)
$216,667 – $275,000
3 (20%)
None and up
2 (13%)

What homes of your size have sold for in Terrace Park

The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Smaller homes here have been selling at a higher price per square foot than larger ones ($158 vs $145) — the usual pattern, since lot, kitchen and baths do not scale with floor area.

Size groupMedian $/sqftMedian soldSold rangeSales
Smaller homes
780–1,024 sq ft
$158$123,000$92,000 – $195,5005
Mid-size homes
1,164–1,230 sq ft
$139$169,900$67,000 – $269,0005
Larger homes
1,471–1,794 sq ft
$145$250,000$200,000 – $339,9005

The Terrace Park housing stock, from the live feed

From the live MLS feed as of 2026-10-01: The homes listed or recently sold were built between 1950 and 1952 (median 1951); none of the 7 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 22 ft). See the current Terrace Park listings →

At Terrace Park’s $146,250 median and Duval County’s adopted 17.86 mills (FY2025-26), a home assessed at that price carries roughly $2,610 a year in property tax before exemptions, or about $1,880 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Duval County tax page.

Selling in Terrace Park right now: what the record says

Current asking prices run a median $120,000 against the $146,250 recorded sold median (-18%) — the gap between what sellers hope and what the record shows. The market is carrying about 2 months of supply at the current sales pace. Demand check: 0% of Terrace Park’s listings are under contract, against 26% for ZIP 32254 and 28% for Duval County as a whole — the community is currently absorbing slower than its surroundings, which is negotiating information.

Asking prices here currently sit -18% under the recorded sold median — sellers are pricing to move, and the closed record above is the number a buyer's appraiser will see.

What would YOUR Terrace Park home sell for?

We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.

By submitting, you agree Momentum Realty may contact you by phone, text, or email about your inquiry. Consent is not a condition of any purchase. Message/data rates may apply. Reply STOP to opt out. See our disclosures.

How Terrace Park compares with its neighbors

Communities buyers shopping Terrace Park are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.

CommunityMedian soldMedian $/sqftMedian DOMSales
Murray Hill$275,000$21726127
Murray Terrace$155,000$145257
Victory Park$260,000$22798
Hillcrest$212,000$1505621

Assigned public schools

SchoolLevelFLDOE grade
Pasco County Public Schools (verify by address)Public—
Confirm zoned elementary, middle, and highBy address—
Magnet and choice options may applyChoice—

Assignments and grades as recorded/published; both change — verify current zoning with the district before relying on it. Grades are the state’s official FLDOE ratings, reported as published.

More Terrace Park: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing

Source: Data provided by realMLS. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures

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