Thinking of selling in Algonquin?
Sell your home in Terrace Lakes
Terrace Lakes homes have sold for a median of $639,900 over the past year, typically in about 31 days. It's a balanced market. Here's the full picture, and what your home is worth today.
The Terrace Lakes market right now
Live from MLS closings · last 12 months$639,900
Median sale
3
Homes sold
12 mo
24
Avg. days on mkt
$214
Median $/sqft
1
For sale now
~4 mo supply
What I know about Terrace Lakes
What it costs
Homes here have sold for a median of $639,900 over the past year, or about $214 per square foot.
Recently sold in Terrace Lakes
Apr 2026$639,900
3650 Wintergreen Terrace
3 bd · 2 ba · 2,000 sf · 34d · 100% of list
Jan 2026$624,900
3750 Wintergreen Terrace
4 bd · 2.5 ba · 3,000 sf · 7d · 100% of list
Sep 2025$749,900
870 Legacy Ridge
3 bd · 4 ba · 3,507 sf · 31d · 100% of list
Sep 2025$641,000
541 Clover Drive
4 bd · 4 ba · 3,926 sf · 11d · 100% of list
$675,000
651 Clover Drive
4 bd · 4.5 ba · 5,159 sf · 4d · 100% of list
$570,000
620 Bluestem Lane
4 bd · 2.5 ba · 3,042 sf · 25d · 98% of list
$669,900
501 Clover Drive
5 bd · 4 ba · 2,943 sf · 7d · 99% of list
$630,000
631 Goldenrod Drive
5 bd · 2.5 ba · 3,000 sf · 140d · 97% of list
Sold data via MRED MLS. Shown for market reference; information deemed reliable but not guaranteed.
Selling in Terrace Lakes: common questions
How fast do homes sell in Terrace Lakes?
Over the past year, homes in Terrace Lakes have gone under contract in about three weeks on average (24 days), with the typical home closing in about 31 days.
What is my Terrace Lakes home worth?
Homes here have sold for a median of $639,900 over the last 12 months, around $214 per square foot. Every home is different, so request a free, no-obligation valuation for a figure specific to yours.
Is now a good time to sell in Terrace Lakes?
With 1 home for sale against 3 sales a year, about 4 months of supply, Terrace Lakes is a balanced market.
Your local agent
Joe knows Terrace Lakes
Joe has read every one of the 3 homes that sold in Terrace Lakes this past year, at a median of $639,900, with the typical home going under contract in about a month. Joe knows what today's Terrace Lakes buyer will actually pay, and what they won't.
Joe prices off the real Terrace Lakes comps, not a Zestimate, so your list price reflects what buyers here are actually paying. Text or call any time for a real take on your home.
Thinking of selling?
What's your home actually worth?
Not a Zestimate. A real CMA from someone who's sold this neighborhood, knows the floor plan premiums, and can tell you which upgrades the buyer pool here actually pays for.
- Pricing range with comp-by-comp logic
- Pre-list improvements that pay back, and the ones that don't
- No obligation, no spam, no auto-dialer
Other communities