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Terrace Heights, WA
Full City Profile · Washington · Yakima County County
3.4
/5.0
B
Good
9,480
Population
901/sq mi density
$79,525
Median Income
$42,238 per capita
$325,000
Home Value
$396,479 Zillow
$1,124
Median Rent
30.8% income on rent
49°F
Avg Temperature
279 sunny days/yr
26
Violent Crime/100K
686 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$79,525 median income, 0.9% unemployment
A
Affordability
4.4 / 5.0
$325,000 home value, $1,124/mo rent
F
Safety
1.0 / 5.0
26 violent crimes/100K
B+
Education
3.6 / 5.0
32.8% bachelor's degree or higher
Housing Overview
Median Home Value
$325,000
15% above
US avg: $281,900
Median Rent
$1,124/mo
3% below
US avg: $1,163/mo
Homeownership Rate
65.8%
1% above US avg (65.4%)
Total Housing Units
4,303
Median year built: 1991
Home Value by Source
Census Median
$325,000
Zillow (ZHVI)
$396,479
Median Sale Price
$428,000
Median List Price
$452,750
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
65.8%
Owner-Occupied
34.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent:
$1,124/mo
Market Indicators (Redfin)
Median Days on Market
49 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
10
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$205
Active Inventory
15
homes for sale
Affordability & Housing Stock
Rent Burden
30.8%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1991
Average age of housing stock: 35 years
Homeownership Rate
65.8%
Complete Housing Data
Home Values
| Census Median Value | $325,000 |
| Zillow Home Value (ZHVI) | $396,479 |
| Median Sale Price | $428,000 |
| Median List Price | $452,750 |
| Price Per Sq Ft | $205 |
Rent
| Census Median Rent | $1,124 |
| FMR Studio | $1,082 |
| FMR 1-Bedroom | $1,180 |
| FMR 2-Bedroom | $1,472 |
| FMR 3-Bedroom | $2,003 |
| FMR 4-Bedroom | $2,351 |
Market
| Days on Market | 49 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.0% |
| Homes Sold | 10 |
| Active Inventory | 15 |
| Price Per Sq Ft | $205 |
Ownership & Stock
| Owner-Occupied | 65.8% |
| Renter-Occupied | 34.2% |
| Homeownership Rate | 65.8% |
| Total Housing Units | 4,303 |
| Median Year Built | 1991 |
| Rent Burden | 30.8% |