Terraces
Homes for Sale in Celebration, FL

This is a compact, uniform enclave within Celebration in Osceola County — homes cluster in age and footprint, so the meaningful differences show up in finishes and upkeep rather than floor plans. About half the homes here carry a homestead exemption, a mix of owner-occupied and non-owner-held units.

Stellar MLS sales records identify 28 homes in Terraces/Celebration that have changed hands since 2014, built between 2001 and 2002 (median 2002), with a median living area of about 1,392 sq ft and a typical 2-bedroom, 2-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.

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.

Terraces is too small for its own price trend, so here is the market around it.

In ZIP 34747, 1,258 homes are on the market and 12% are under contract — a slower corner of Celebration.

Across Osceola County, 4,423 homes are active and 1,079 pending (20% under contract).

In ZIP 34747 (Celebration), 2,599 homes closed in the last 12 months at a median of $460K ($220/sq ft), down 3.8% year over year, with a median 75 days on market. Right now 581 active and 101 pending listings put supply at about 7.3 months — a buyer's market. See the live ZIP 34747 housing market and the Osceola County market.

ZIP and county figures describe the wider market, not Terraces specifically. Momentum Research analysis of MLS records.

• Celebration K-8 · Elementary
• Celebration K-8 · Middle
• Celebration High · High

Zoned schools reflect the assignments reported on recent Terraces listings and can change; always confirm with Osceola County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Terraces address.

The building years are bunched between 2001 and 2006, with a median around 2002, and the median living space sits just under 1,400 square feet. That consistency is useful: you are comparing like against like, so a buyer can focus on the specifics of a given unit — kitchens, baths, mechanicals — instead of reconciling wildly different products.

The roughly even split between homestead and non-homestead ownership tells you this pocket serves both owner-occupants and investor or second-home use. That matters for a seller reading demand and for a buyer weighing how a unit has been lived in and maintained.

In a 14-home segment, comps are scarce and a single closing can skew the read. We price and negotiate off the actual condition of each unit and the thin recent data, not off a headline number, so you are not overpaying or underlisting because of one outlier sale.

Listings in this community report association dues of about $119 per month ($1,428 a year) — the median AssociationFee across 143 MLS records, normalised to a monthly figure; most are billed quarterly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.