Terra Condo
Homes for Sale in Kissimmee, FL
True comps, carrying-cost math, and listings before the portals.
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.
Terra Condo right now
🟡 Off the recent peak. The trailing-12-month median ($158K) is down 6.2% from the prior 12 months ($168K). 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 July 15. Confidence: Low (4 and 9 sales in the two windows).
What's unique here: the median sale price is about 60% below the typical Osceola County sale ($158K vs $393K, trailing 12 months, Stellar MLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 15, 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 July 15, 2026): the median sale price is about $158K ($175 per sq ft over the trailing 12 months of closed sales), and a median 222 days on market for closed sales. The trailing-12-month median is down 6% from the prior 12 months, computed from record-level Stellar MLS closed sales (4 closings in the current window).
Terra Condo is a community of 34 homes in Kissimmee, Osceola County, built between 1970 and 1970 (median 1970.0), with a median living area of about 1,012 square feet. 32% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
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.
Who Terra Condo is best for.
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
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($158K) IS the median in the snapshot above, and the move from 2025 ($168K) IS the -6.2% one-year change.
Windows contain 0 to 9 sales each (4 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 %s through %s. Deemed reliable but not guaranteed.
The Terra Condo buying strategy.
If we were buying in Terra Condo today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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.
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.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Terra Condo buys, holds, and resells. Momentum Research; not an appraisal.
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 (2.6). Basis: Recent Direction -6.2% year-over-year; Owner Commitment 32% owner-occupied; Pricing Power 84.3% 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.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Terra Condo buy.
Free calculators to pressure-test the real cost before you tour.
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.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Terra Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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.
See homes for sale in Terra Condo on the map →
Frequently Asked Questions
What is the median home price in Terra Condo?
How long do homes in Terra Condo take to sell?
How many homes are in Terra Condo?
What share of Terra Condo is owner-occupied?
When were the homes in Terra Condo built?
Do cash buyers compete in Terra Condo?
Who is the best real estate agent for Terra Condo?
How do I find a top Kissimmee real estate agent who knows Terra Condo?
Can Momentum Realty connect me with an agent for Terra Condo?
Should you buy in Terra Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 15, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (23 streets, ZIP 34741)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2014 (39 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.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.