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Advertise here →Terrace Heights, WA · Market Data
Terrace Heights, Washington real estate market data.
Real estate market data for Terrace Heights, WA (Yakima County) — Census median home value $325,000, county listing prices roughly flat over the past year.
Terrace Heights, WA is in Yakima County, Washington — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 9,480, with a median household income of $79,525. Census data puts Terrace Heights's median home value at $325,000 (all owner-occupied homes); Yakima County's current median listing price runs $433,225, roughly flat over the past year.
At a glance
Terrace Heights market snapshot
Population
9,480
Median Household Income
$79,525
Median Home Value (city)
$325,000
Median Listing Price (Yakima County)
$433,225
Median Gross Rent
$1,124/mo
Price Trend (YoY)
-0.1%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Terrace Heights different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Terrace Heights's median home value — across all owner-occupied homes, not just recent sales — at $325,000. Separately, Yakima County's current median listing price (via Realtor.com data, 2026-06-01) runs $433,225. 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
Yakima County's FHFA house price index shows a 3.64% annual change in 2025.
Population & Income
Terrace Heights has an estimated population of 9,480 and a median household income of $79,525, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Terrace Heights's Census-reported median home value works out to about 4.1x the area's median household income, and median gross rent runs roughly 17% 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 Heights FAQ
What are home values like in Terrace Heights, WA?
The Census Bureau's American Community Survey puts Terrace Heights's median home value at $325,000. Yakima County's current median listing price runs $433,225, roughly flat over the past year.
What is the population of Terrace Heights, WA?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Terrace Heights's population at approximately 9,480.
What's the median rent in Terrace Heights, WA?
The Census ACS estimates median gross rent in Terrace Heights at approximately $1,124 per month.
What is the median household income in Terrace Heights, WA?
Census ACS data puts the median household income in Terrace Heights at approximately $79,525.
Is the Terrace Heights housing market growing?
Yakima County's FHFA house price index shows a 3.64% annual change in 2025.
Is Terrace Heights, WA affordable relative to income?
Census ACS data puts Terrace Heights's median home value at about 4.1 times the median household income, with median gross rent equal to roughly 17% 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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