Terrace Grove
Homes for Sale in Clermont, FL
True comps, carrying-cost math, and listings before the portals.
As of September 2026, Terrace Grove Clermont in Clermont, FL has 1 home for sale. As of September 2026, the MLS records 7 closed sales in Terrace Grove Clermont in Clermont, FL since 2011, the most recent in July 2026. Across Clermont as a whole, 795 homes closed in the last 12 months at a median of $438,065, 41 median days on market, with 199 homes for sale today. At that median and Lake County's FY2025-26 rate of 16.65 mills, annual property tax runs about $7,290 ($6,620 with the full homestead exemption).
Terrace Grove is a small, tightly built pocket in Clermont - 99 homes, all raised between 2010 and 2013, with a median build year of 2012. That narrow construction window means less variation in floor plans, systems age, and finish level than you'd find in an older or phased community, which simplifies comparisons for anyone evaluating a purchase here.
Right now the MLS shows zero active listings and no recorded closings in the current window. That is not unusual for a compact, built-out community of this size - it just means there is no live comparable data to price against at this moment. A buyer or seller needs to treat this as a wait-and-watch market rather than one with an established, current trend line.
Terrace Grove right now
🟢 Buyer-leaning market. 12.0 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 12, 2026. Confidence: Low (1 active and pending listings, 1 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated September 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
Terrace Grove Clermont is a fully built, single-phase community of 99 homes constructed within a tight 2010 - 2013 window, with a median living area of 1,899 square feet and a high share of owner-occupied (homestead) properties.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Terrace Grove is best for.
Best for
- Buyers who want a home built within a narrow, recent construction window with consistent systems age
- Buyers comfortable making an offer without an active comparable listing to benchmark against
- Buyers prioritizing a mid-size floor plan near the 1,899 sq ft median over larger or highly variable square footage
Probably not for
- Buyers who need on-site community amenities confirmed before making an offer
- Buyers who rely heavily on recent closed-sale comps to set their price expectations
- Buyers seeking a wide range of home sizes or build eras within a single community
The market around Terrace Grove
Terrace Grove is too small for its own price trend, so here is the market around it.
In ZIP 34711, 462 homes are on the market and 24% are under contract — a steady corner of Clermont.
Across Lake County, 3,179 homes are active and 1,077 pending (25% under contract).
ZIP and county figures describe the wider market, not Terrace Grove specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Terrace Grove
Live MLS inventory for Terrace Grove. 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 Terrace Grove listings as of 2026-09-12, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2011 through 2026. Tap any home to ask about it.
Schools
- Lake County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Grassy Lake Elementary · Elementary
- East Ridge Middle · Middle
- East Ridge High · High
Zoned schools reflect the assignments reported on recent Terrace Grove listings and can change; always confirm with Lake County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Terrace Grove address.
The Terrace Grove buying strategy.
If we were buying in Terrace Grove 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.
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.
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 Terrace Grove.
A Built-Out Pocket With a Narrow Construction Window
With every home dating to a four-year construction span and a median year built of 2012, Terrace Grove reads as a single-generation build rather than a community that grew in phases over decades. That consistency shows up in the housing stock itself - median living space sits at 1,899 square feet, suggesting a fairly uniform mid-size floor plan pattern rather than a wide split between compact starter units and larger executive homes.
The homestead share of 72.7% is a useful signal on its own: nearly three-quarters of the parcels here carry an owner-occupied tax exemption, which points to a base of longer-term ownership rather than heavy investor or short-term rental turnover. No community amenities are identified in current MLS listings, so buyers should verify directly whether any shared facilities, HOA-maintained spaces, or recreational features exist rather than assuming them from the community name or setting.
The location and the amenities are priced into every listing in Terrace Grove. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community with zero current listings and no recent closings on record, pricing a home correctly takes more than pulling a portal estimate - it means understanding the build era, floor plan consistency, and ownership pattern well enough to price ahead of the next comparable sale. We track Terrace Grove alongside the broader Clermont and Lake County market so that when activity does surface here, our read is grounded in real construction and ownership data, not guesswork.
Terrace Grove in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 Terrace Grove 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 Terrace Grove sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Terrace Grove, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Terrace Grove home worth?
Get a no-obligation home value based on real comparable sales in Terrace Grove, 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 Terrace Grove on the map →
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Lake County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Lake County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
TERRACE GROVE Market Scorecard
TERRACE GROVE is currently a strong buyer's market. About 12.0 months of supply, a median asking price of $475,000, and homes go under contract in about 29 days.
Typical home value in the 34711 ZIP is $430,762, about 2.4% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
Is Terrace Grove a buyer's or seller's market right now?
Who is the best real estate agent for Terrace Grove?
How do I find a top Clermont real estate agent who knows Terrace Grove?
Can Momentum Realty connect me with an agent for Terrace Grove?
Should you buy in Terrace Grove?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Terrace Grove with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: September 12, 2026) |
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2011 (7 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 local 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.
See how Terrace Grove Clermont fits the bigger picture — live prices, inventory, and Momentum Scores: