Terra Condo in Kissimmee
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Live Market Pulse
15/100
Market Heat
Cooler than normal
2016 → 2026 · 73 at the 2016 peak
0 is Terra Condo's coldest market since 2016, 100 its hottest. Today: 15. How it's scored

Photo via Stellar MLS

Built fromLive Stellar MLS data12 years of closingsUpdated twice daily

As of November 2026, Terra Condo in Kissimmee, FL has 3 homes for sale. Homes listed or recently sold were built 1970–1970; 4 of 7 report an HOA (median $259/mo); none of the 7 geocoded homes sit in a FEMA special flood hazard zone (median elevation 80 ft).

Last 30 days in Terra: 1 new listing (median asking $159,500). As of November 7, 2026, Listings courtesy of Stellar MLS as distributed by MLS GRID.

Live · Terra Condo Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$155K ▼
Median sold · 12 mo
down 8.8% vs the prior 12 months
-8.8% ▼
1-yr price change
n = 5 and 8 sales in the two windows
$166/sf
Sold $/sqft · 12 mo
peak $214 in 2023
80.8%
Sale vs ask
Tempo
7.2mo
Supply
3 to 6 months is the balanced band
186days
Median DOM · closed
5 days at the 2022 low
0%
Under contract
Osceola: 20% (1,093 of 5,558)
3 · 0
For sale · pending
live counts, refreshed twice daily
5
Sold · last 12 mo
10-yr average: about 3 a year
Track record · 12 years of records
872sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Terra Condo

Live MLS inventory for Terra Condo. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Terra Condo listings as of 2026-11-02, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2014 through 2026. Tap any home to ask about it.

Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 13, 2026

Terra Condo is a small, single-vintage community — all 34 units date to 1970, and the median unit runs a bit over 1,000 square feet. In a pool this uniform in age and size, price is driven almost entirely by condition and updates rather than floor plan or square footage. The median sits at $160,000, or roughly $166 per square foot, and the spread within that number will come down to how much work a given unit has had.

The market posture here favors patience on both sides. Median days on market is 186 — call it six months — and closings are thin, with just five in the trailing window. Prices are down 3.9% year over year. For a buyer, that combination means room to negotiate and no reason to rush. For a seller, it means realistic pricing and a willingness to sit are the price of entry; a well-presented, updated unit is what moves in a slow market like this.

Figures in this note are as of July 13, 2026. The live market numbers elsewhere on this page update nightly and are newer.

Terra Condo Housing Pulse · Momentum Research · as of September 20, 2026

Terra Condo right now

🟢 Buyer-leaning market. 7.2 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of September 20, 2026. Confidence: Medium (3 active and pending listings, 5 closed sales in 12 months).

🔴 Off the recent peak. The trailing-12-month median ($155K) is down 8.8% from the prior 12 months ($170K). With about 3 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending September 20. Confidence: Low (5 and 8 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated November 12, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Terra Condo market snapshot (as of September 20, 2026): the median sale price is about $155K ($166 per sq ft over the trailing 12 months of closed sales), a median 186 days on market for closed sales, and 7.2 months of supply, a buyer-leaning market. The trailing-12-month median is down 9% from the prior 12 months, computed from record-level Stellar MLS closed sales (5 closings in the current window).

In ZIP 34741 (Kissimmee), 174 homes closed in the last 12 months at a median of $320K ($199/sq ft), down 6.4% year over year, with a median 50 days on market. Right now 68 active and 5 pending listings put supply at about 4.7 months — a buyer's market. See the live ZIP 34741 housing market and the Osceola County market.

Stellar MLS sales records identify 45 homes in Terra Condo that have changed hands since 2004, built between 1970 and 1970 (median 1970), with a median living area of about 872 sq ft and a typical 2-bedroom, 1-bath layout; 100% are condominiums. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Terra Condo is a compact, all-1970 condo community in Kissimmee where every unit shares the same era and a footprint just over 1,000 square feet, so the interior finish level — not the floor plan — is what separates one listing from the next.

Best for

  • Value-focused buyers targeting a lower price point and comfortable with a long search-and-close timeline
  • Buyers willing to take on or pay up for an updated unit, since condition is what sets price here
  • Patient negotiators who can use slow days on market and a softening trend as leverage

Probably not for

  • Buyers who need to resell on a short horizon or expect quick appreciation
  • Anyone wanting new construction or a larger floor plan — every unit is 1970-era and around 1,000 square feet
  • Buyers who need a fast, competitive close, given the long median days on market and thin sales

Windows contain 0 to 8 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2014 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$50K$100K$150K2014201620182020202220242026
Down 8.8% year over year.
Every sale since 2014 · price vs size
$0$100K$200K1k1k1k
40 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$50$100$150$2002014201620182020202220242026
Up from $55 in 2014 to a $214 peak in 2023; $166 now.
Median days on market · closed sales
01002002014201620182020202220242026
5 days at the 2022 low; 186 now.
Sale price vs original ask · median
80%90%100%2014201620182020202220242026
80.8% now.
Homes sold per 12-mo window
02582014201620182020202220242026
0 to 8 a year; 5 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2016202220242026
73 at the 2016 peak, 15 in the troughs, 15 now. Same score as the hero card, full history.
How much local inventory is already under contract

13% of homes for sale in ZIP 34741 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-11-08).

Terra Condo Market Scorecard

Buyer-leaning

Terra Condo is currently a buyer-leaning market. About 7.2 months of supply, a median asking price of $170,000, and homes go under contract in about 86 days.

7.2
Months supply
$170,000
Median list
$155,000
Median sold
$189
List $/sqft
86
Days on mkt
3/0/5
Active/Pend/Sold 12 mo

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Listing locations from Stellar MLS. Map data © OpenStreetMap contributors.

If we were buying in Terra Condo today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Terra Condo.

Best Buy
Buyers who want a lower entry point in Osceola County and aren't in a hurry.
Biggest Risk
Thin sales and a 186-day median mean values are hard to pin and slow to move.
Sweet Spot
A renovated unit bought at a negotiated price against a softening trend.
Avoid If
You need to resell quickly or want appreciation on a short timeline.

A condition market, not a floor-plan market

With 34 homes all built in 1970 and a median around 1,011 square feet, the variables buyers usually shop on — age, size, style — are effectively fixed here. That pushes the entire pricing conversation onto condition, systems, and updates. Expect a genuinely wide gap between an original unit and one that has been renovated, even though the headline median is $160,000.

Only about a third of units carry a homestead exemption, which is a meaningful detail for how the community trades. A slow absorption rate — five closings in the window against a long 186-day median — means comparable sales are sparse and can swing on a single transaction. Read each recent sale carefully rather than trusting the median in isolation.

“

The location and the amenities are priced into every listing in Terra Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
2.2D · Buy Score
Recent Direction3.8/10
Liquidity & Demand2.8/10
Pricing Power0.0/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (2.2). Basis: Recent Direction -8.8% year-over-year; Liquidity & Demand 7.2 months of supply; Pricing Power 80.8% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a thin market with long days on market and few closings to anchor value, the comps do most of the talking — and there aren't many of them. We dig into condition-by-condition differences between recent sales so a price reflects the actual unit, not a blended median. Whether you're pricing to sell into a slow, softening market or bidding with room to negotiate, we set expectations before you list or offer.

Terra Condo in 15 seconds.

Best forBuyers who want a lower entry point in Osceola County and aren't in a hurry.
Biggest advantageUniform vintage and size make condition the clear, readable driver of value.
Biggest riskThin sales and a 186-day median mean values are hard to pin and slow to move.
Sweet spotA renovated unit bought at a negotiated price against a softening trend.
Avoid ifYou need to resell quickly or want appreciation on a short timeline.
The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Terra Condo sales matched to your home.

What is your Terra Condo home worth?

Get a no-obligation home value based on real comparable sales in Terra Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Recently off market in Terra Condo

Homes in Terra Condo that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.

Terra key facts
LocationKissimmee, Osceola County, FL · ZIP 34741
Home types (current listings and sales)condos 100%
Amenities listed by sellersGated Community - No Guard, Pool, Community Mailbox, Buyer Approval Required, Gated, Gated Community
For sale right now3 active, 0 pending · median asking $159,500 · 9.0 months of supply

Data as of November 6, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2026 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “Terra key facts,” movewithmomentum.com/neighborhoods/terra-condo, data as of November 6, 2026.

Housing distress & ownership in Terra Condo, Kissimmee

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 6 listings
Distress share trend — 0.0% now (2026-09-13 → 2026-10-25)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period October 2026 through October 2026. Deemed reliable but not guaranteed.

Just listed in Terra

The newest homes for sale in Terra right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.

Checked against the MLS nightly. All new listings in this market.

Every Home for Sale in Terra Condo Right Now (3)

All 3 active and pending Terra Condo listings with a detail page, newest first, refreshed twice a day from the MLS.

Streets in this community

Street-level pages: every home on record, what sold and what is for sale on each street.

Email me new listings in Terra

One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Terra Condos for Sale

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Terra Condos for Sale will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

What it really costs to own in Terra

The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.

HOA duesMedian $266/month across 5 MLS listings (most billed monthly; 2026-11-12). Dues cover what the documents say they cover; ask for the budget and reserve study.
Home and flood insuranceThe average Citizens Property Insurance premium in Osceola County is $1,735/yr (2,188 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction.
Roof and ageMedian build year 1970 across 7 listings. An original roof here would be about 56 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails.

Recent Developments in Terra Condo

Development, infrastructure, retail, and school activity affecting Terra Condo, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.

  1. October 2026
    Parks & Amenities

    145,000 sq ft All Sports Dome planned on Gus Road in Kissimmee

    All Sports Dome Southeast plans a climate-controlled indoor inflatable dome at 3070 Gus Road with multi-sport courts, turf fields and training areas. It would be the brand's first Greater Orlando location, with an opening expected in 2027 and no exact date given.

    What it may mean for the marketAn indoor sports venue would add year-round recreation and event space on Kissimmee's Gus Road area. The project is about 8 miles west of Terra Condo, elsewhere in Osceola County.

    Source: What Now Orlando
  2. October 2026
    Infrastructure

    Turnpike widening in Osceola County runs ahead of schedule at Fortune Road Bridge

    Steel beams for the new westbound Fortune Road Bridge are in place a month early as Florida's Turnpike is widened from two to four lanes each way between Partin Settlement Road and Osceola Parkway. Westbound bridge traffic is expected at the start of 2027, and the broader project targets 2031. The bridge adds bike lanes and sidewalks.

    What it may mean for the marketDoubling Turnpike capacity through this stretch should ease regional commutes between Kissimmee and the Orlando area once complete. The site is about 4 miles west of Terra Condo.

    Source: WFTV
  3. October 2026
    Development

    Experience Kissimmee launches Film Kissimmee commission to recruit productions

    The new film commission markets Osceola County to production companies through an online database of more than 100 filming locations and has hired a location manager. Leaders say productions could become a new economic driver, citing spending on hotels, vehicles, food and crew services.

    What it may mean for the marketFilm work could add temporary jobs and visitor spending for hospitality and service businesses across Osceola County. The site is about 5 miles west of Terra Condo.

    Source: WFTV
  4. September 2026
    Infrastructure

    CFX holds public meetings on 14-mile toll road through part of Split Oak Forest

    The Central Florida Expressway Authority held public meetings on Sept. 16 and 17 for a 14-mile road from State Road 417 near Boggy Creek Road in Orange County to Nova Road in Osceola County. CFX says portions could begin construction next year and that the road would ease traffic on Narcoossee Road. The agency faces a legal challenge from Orange County and is pursuing an eminent domain case.

    What it may mean for the marketIf built, the road would add a new east-west route between Lake Nona and St. Cloud, changing commute options and access to east Orange and Osceola land. The site is about 10 miles northeast of Terra Condo.

    Source: Spectrum News 13
  5. August 2026
    Civic

    St. Cloud council approves $6.7 million downtown apartment and parking garage agreement

    The City Council unanimously approved an agreement with Atlantic Housing Partners for apartments and a parking garage next to City Hall. The Community Redevelopment Agency contributes $6.25 million and the city $460,000. The garage would hold 450 to 500 spaces, with 250 reserved for apartment residents.

    What it may mean for the marketNew downtown rental housing and public parking would add residents and parking capacity to the St. Cloud core. The site is about 4 miles southeast of Terra Condo.

    Source: Spectrum News 13
  6. March 2026
    Development

    Orlando approves the 380-acre Dowden Central Community Development District in Lake Nona

    Orlando approved the Dowden Central Community Development District, a roughly 380-acre district in the Lake Nona area of southeast Orlando, in March 2026. The district provides the framework to build roads, drainage, utilities, and parks for future development phases.

    What it may mean for the marketA new community development district lays the groundwork for large-scale growth in the Lake Nona area, a step that typically precedes new housing and commercial activity nearby. The site is about 7 miles north of Terra Condo.

    Source: ClickOrlando

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

Frequently Asked Questions

What is the median home price in Terra Condo?
The median sale price in Terra Condo was $155K over the 12 months ending September 20, 2026 (5 closed sales, Stellar MLS).
How long do homes in Terra Condo take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 186 days on market (5 sales, Stellar MLS).
Is Terra Condo a buyer's or seller's market right now?
As of September 20, 2026, Terra Condo leans toward buyers: 7.2 months of supply at the current sales pace (Stellar MLS live counts).
Who is the best real estate agent for Terra Condo?
The best agent for Terra Condo is one who actively works Kissimmee and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Terra Condo.
How do I find a top Kissimmee real estate agent who knows Terra Condo?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Terra Condo and the wider Kissimmee area.
Can Momentum Realty connect me with an agent for Terra Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Terra Condo purchase or sale - no call center and no pressure.
Where is Terra, and what county is it in?
Terra is in Kissimmee, Osceola County, FL, ZIP 34741.
Value-focused buyers targeting a lower price point and comfortable with a long search-and-close timelineExcellent fit
Buyers willing to take on or pay up for an updated unit, since condition is what sets price hereExcellent fit
Patient negotiators who can use slow days on market and a softening trend as leverageExcellent fit
Buyers who need to resell on a short horizon or expect quick appreciationProbably not
Anyone wanting new construction or a larger floor plan — every unit is 1970-era and around 1,000 square feetProbably not
Buyers who need a fast, competitive close, given the long median days on market and thin salesProbably not

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: November 2, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending September 20, 2026
Under-contract sharesStellar MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2014 (40 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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