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British Columbia

Terrace Real Estate

Browse homes for sale in Terrace • Median $574,950

$574,950Median Price
30Avg Days on Market
73Detached17Commercial9Land9Condo6Leasehold1Multi- Unit

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Cost of Living
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Homes for Sale in Terrace

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2670 THORNHILL Street

$849,900

2670 THORNHILL Street

Terrace, British Columbia

4bed4bath4,320sqft
4723 WALSH Avenue

$349,900

4723 WALSH Avenue

Terrace, British Columbia

5bed1bath2,800sqft
4017 BENNER Street

$574,900

4017 BENNER Street

Terrace, British Columbia

5bed3bath2,354sqft
4535 MERKLEY Road

$325,000

4535 MERKLEY Road

Terrace, British Columbia

4533 MERKLEY Road

$325,000

4533 MERKLEY Road

Terrace, British Columbia

4629 STRAUME Avenue

$348,000

4629 STRAUME Avenue

Terrace, British Columbia

2bed1bath813sqft
5108 MEDEEK Avenue 6

$369,500

5108 MEDEEK Avenue 6

Terrace, British Columbia

3bed2bath1,340sqft
4804 GRAHAM Avenue

$1,450,000

4804 GRAHAM Avenue

Terrace, British Columbia

4674 MARTEN Drive

$419,900

4674 MARTEN Drive

Terrace, British Columbia

2bed1bath1,400sqft
4008 NASH Drive

$729,000

4008 NASH Drive

Terrace, British Columbia

3bed2bath1,630sqft
4004 NASH Drive

$759,900

4004 NASH Drive

Terrace, British Columbia

3bed2bath1,630sqft
LOT 3 LOEPPKY Place

$930,000

LOT 3 LOEPPKY Place

Terrace, British Columbia

3bed3bath2,169sqft
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Showing 12 of 106 listings

About Terrace Real Estate

Nestled at the confluence of the Skeena River and the majestic Coast Mountains, Terrace, British Columbia, boasts a rich history and vibrant community spirit. Originally inhabited by the Tsimshian First Nations, the city has evolved into a hub for outdoor enthusiasts and those seeking a close-knit community. Established as a forestry town, its economy has diversified over the years, embracing industries such as mining, agriculture, and tourism. The breathtaking landscapes, characterized by lush forests and stunning mountain vistas, make Terrace a unique place to call home.

One of the city's standout features is its commitment to preserving the natural environment, with numerous parks and recreational areas, such as the beautiful Ferry Island Park and the popular Skeena Valley Golf Course. Additionally, the local culture thrives through various community events, like the annual Terrace Mountain Bike Festival and the Skeena Valley Rodeo, which foster a sense of belonging among residents. The character of Terrace is underscored by friendly neighborhoods, where residents take pride in their community and actively participate in local initiatives.

What makes Terrace particularly appealing is its accessibility to outdoor activities year-round. Whether it's skiing in the winter at nearby Shames Mountain or fishing in the summer, the city offers an array of activities that attract individuals and families alike. With a median listing price of $464,900, the real estate market remains accessible for various buyer demographics, making it an attractive option for those seeking a blend of urban and outdoor lifestyles.

80 active listings with a median price of $464,900.

Lifestyle & Community

Living in Terrace offers a laid-back lifestyle surrounded by natural beauty and a strong sense of community. Residents enjoy a balance of urban conveniences and outdoor adventures, with easy access to hiking trails, rivers, and parks. Community events such as the Terrace Farmers Market and local art shows bring people together, fostering connections among neighbors. The vibe is welcoming and friendly, where newcomers quickly feel at home. The diverse cultural landscape is enriched by the presence of Indigenous heritage, creating a unique cultural fabric that residents celebrate throughout the year.

Local Amenities

  • Terrace Shopping Centre
  • Multiple grocery stores (Safeway, Save-On-Foods)
  • Skeena Valley Golf Course
  • Ferry Island Park
  • Terrace Public Library
  • Terrace Community Centre
  • Shames Mountain Ski Resort
  • Local hospitals and healthcare facilities
  • Public transit system
  • Various restaurants and cafes
  • Cultural centers and art galleries

Points of Interest

  • Skeena River
  • Shames Mountain Resort
  • Heritage Park Museum
  • Ferry Island Park
  • Skeena Valley Farmers Market
  • Terrace Mountain Bike Park
  • Kleanza Creek Provincial Park
  • Copper River RV Resort
  • The Terrace Sportsplex

Market Overview

As of now, Terrace has approximately 80 active listings, with a median listing price of $464,900. The market shows a steady interest from buyers, largely due to the city's affordable pricing compared to larger urban centers. With a combination of single-family homes, townhouses, and condominiums, the market caters to a variety of buyer preferences. Expect a competitive landscape, especially for well-located properties near amenities and recreational areas, as demand continues to grow.

Investment Outlook

Terrace presents promising investment opportunities, particularly for those interested in rental properties and real estate development. The city's steady population growth and influx of new residents have bolstered the rental market, making it an attractive option for investors. Development trends indicate ongoing interest in expanding residential options, which could further enhance property values. With the area's natural beauty and outdoor recreational activities, demand for vacation rentals is also on the rise.

Ideal For

Terrace is ideal for first-time buyers looking for affordable housing options, families seeking a community-oriented environment, and retirees wanting to enjoy a serene lifestyle. Investors will also find opportunities in the rental market and development potential. The blend of outdoor lifestyle and urban amenities makes it appealing to a wide range of potential buyers.

Browse by Property Type

Condos(9)Detached Homes(73)Land(9)
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Living in Terrace

Lifestyle

Living in Terrace offers a laid-back lifestyle surrounded by natural beauty and a strong sense of community. Residents enjoy a balance of urban conveniences and outdoor adventures, with easy access to hiking trails, rivers, and parks. Community events such as the Terrace Farmers Market and local art shows bring people together, fostering connections among neighbors. The vibe is welcoming and friendly, where newcomers quickly feel at home. The diverse cultural landscape is enriched by the presence of Indigenous heritage, creating a unique cultural fabric that residents celebrate throughout the year.

Local Amenities

Terrace Shopping CentreMultiple grocery stores (Safeway, Save-On-Foods)Skeena Valley Golf CourseFerry Island ParkTerrace Public LibraryTerrace Community CentreShames Mountain Ski ResortLocal hospitals and healthcare facilitiesPublic transit systemVarious restaurants and cafesCultural centers and art galleries

Market Insights

As of now, Terrace has approximately 80 active listings, with a median listing price of $464,900. The market shows a steady interest from buyers, largely due to the city's affordable pricing compared to larger urban centers. With a combination of single-family homes, townhouses, and condominiums, the market caters to a variety of buyer preferences. Expect a competitive landscape, especially for well-located properties near amenities and recreational areas, as demand continues to grow.

Investment Potential

Terrace presents promising investment opportunities, particularly for those interested in rental properties and real estate development. The city's steady population growth and influx of new residents have bolstered the rental market, making it an attractive option for investors. Development trends indicate ongoing interest in expanding residential options, which could further enhance property values. With the area's natural beauty and outdoor recreational activities, demand for vacation rentals is also on the rise.

Written with AI assistance using live MLS data, reviewed by our team.

Price Distribution

$0 – $200K
19
$200K – $400K
20
$400K – $600K
29
$600K – $800K
23
$800K – $1.0M
8
$1.0M – $1.5M
8
$1.5M – $2.0M
6
$2.0M – $3.0M
3
$3.0M+
3

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Terrace Market ReportPrices, trends & analysisCost of Living in TerraceHousing, rent & expensesAffordability CalculatorFind out how much you can affordMortgage CalculatorEstimate monthly paymentsSchools in TerraceSchools & ratings nearbyTransit in TerraceStops & stations nearbyParks in TerraceParks & recreation nearby

Frequently Asked Questions About Terrace

There are currently 106 active residential listings in Terrace. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.

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Oakwyn Realty Ltd.

Oakwyn Realty Ltd.

Search Listings Online Inc.

3195 Oak St, Vancouver, BC V6H 2L2

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