Thinking of selling in Algonquin?
Terrace Lakes homes have sold for a median of $640,450 over the past year, typically in about 21 days. It's a seller's market. Here's the full picture, and what your home is worth today.
$640,450
Median sale
4
Homes sold
12 mo
21
Avg. days on mkt
$211
Median $/sqft
1
For sale now
~3 mo supply
What it costs
Homes here have sold for a median of $640,450 over the past year, or about $211 per square foot.
$639,900
3650 Wintergreen Terrace
3 bd · 2 ba · 2,000 sf · 34d · 100% of list
$624,900
3750 Wintergreen Terrace
4 bd · 2.5 ba · 3,000 sf · 7d · 100% of list
$749,900
870 Legacy Ridge
3 bd · 4 ba · 3,507 sf · 31d · 100% of list
$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.
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 (21 days), with the typical home closing in about 21 days.
What is my Terrace Lakes home worth?
Homes here have sold for a median of $640,450 over the last 12 months, around $211 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 4 sales a year, about 3 months of supply, Terrace Lakes is a seller's market.
Thinking of selling?
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.
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Your local agent
Joe has read every one of the 4 homes that sold in Terrace Lakes this past year, at a median of $640,450, with the typical home going under contract in about three weeks. Joe knows what today's Terrace Lakes buyer will actually pay, and what they won't.
With only 3 months of inventory, the risk here isn't finding a buyer; it's underpricing and leaving money on the table. Joe prices off the actual Terrace Lakes comps, not a national average. Text or call any time for a straight read on your number.