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Advertise here →Terrace Park, OH · Market Data
Terrace Park, Ohio real estate market data.
Real estate market data for Terrace Park, OH (Hamilton County) — Census median home value $581,000, county listing prices down about 4.1% over the past year.
Terrace Park, OH is in Hamilton County, Ohio — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 2,282, with a median household income of $206,705. Census data puts Terrace Park's median home value at $581,000 (all owner-occupied homes); Hamilton County's current median listing price runs $304,500, down about 4.1% over the past year.
At a glance
Terrace Park market snapshot
Population
2,282
Median Household Income
$206,705
Median Home Value (city)
$581,000
Median Listing Price (Hamilton County)
$304,500
Median Gross Rent
$3,188/mo
Price Trend (YoY)
-4.1%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Terrace Park different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Terrace Park's median home value — across all owner-occupied homes, not just recent sales — at $581,000. Separately, Hamilton County's current median listing price (via Realtor.com data, 2026-06-01) runs $304,500. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Hamilton County's FHFA house price index shows a 3.95% annual change in 2025.
Population & Income
Terrace Park has an estimated population of 2,282 and a median household income of $206,705, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Terrace Park's Census-reported median home value works out to about 2.8x the area's median household income, and median gross rent runs roughly 19% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Terrace Park FAQ
What are home values like in Terrace Park, OH?
The Census Bureau's American Community Survey puts Terrace Park's median home value at $581,000. Hamilton County's current median listing price runs $304,500, down about 4.1% over the past year.
What is the population of Terrace Park, OH?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Terrace Park's population at approximately 2,282.
What's the median rent in Terrace Park, OH?
The Census ACS estimates median gross rent in Terrace Park at approximately $3,188 per month.
What is the median household income in Terrace Park, OH?
Census ACS data puts the median household income in Terrace Park at approximately $206,705.
Is the Terrace Park housing market growing?
Hamilton County's FHFA house price index shows a 3.95% annual change in 2025.
Is Terrace Park, OH affordable relative to income?
Census ACS data puts Terrace Park's median home value at about 2.8 times the median household income, with median gross rent equal to roughly 19% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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