Terrace Park home prices fall in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Terrace Park fell by $20,150 while total sales decreased by 27.8%, according to BlockShopper.com.

From July through September of 2020, there were 13 homes sold, with a median sale price of $374,000 - a 5.1% decrease over the $394,150 median sale price for the same period of the previous year. There were 18 homes sold in Terrace Park in the third quarter of 2019.

The following table compares Terrace Park to other Hamilton County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Indian Hill322245.5%$1,005,000$1,125,000-10.7%
North Bend3250%$445,000$130,000242.3%
Symmes Township4554-16.7%$390,000$356,4509.4%
Terrace Park1318-27.8%$374,000$394,150-5.1%
Amberley Village1116-31.3%$347,500$398,250-12.7%

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