$274,900
- 4 Beds
- 3 Baths
- 3,100 Sq Ft
725 W Cherry Blossom Way, Baltimore, MD 21201
Michael Frank EXP Realty, LLC
Frequently Asked Questions
Is The Terraces a good place to live?
The Terraces is a good place to live. The Terraces is considered very walkable and bikeable with great transit options. The Terraces has 6 parks for recreational activities. It is very dense in population with 21.0 people per acre and a median age of 34. The average household income is $34,311 which is below the national average. College graduates make up 23.1% of residents. A majority of residents in The Terraces are renters, with 83% of residents renting and 17% of residents owning their home. A local real estate agent serving The Terraces can help you decide if this neighborhood is the right one for you. Learn more on our The Terraces neighborhood guide.
Is The Terraces, MD a safe neighborhood?
The Terraces, MD is less safe than the average neighborhood in the United States. It received a crime score of 9 out of 10.
How much do you need to make to afford a house in The Terraces?
The median home price in The Terraces is $189,900. If you put a 20% down payment of $38,000 and had a 30-year fixed mortgage with an interest rate of 6.55%, your estimated principal and interest payment would be $970 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $42K a year to afford the median home price in The Terraces. Learn how much home you can afford with our Home Affordability Calculator. The average household income in The Terraces is $34K.
What are the best public schools in The Terraces?
The best public schools that serve The Terraces are:
- Vivien T. Thomas Medical Arts Academy has a C Niche grade, a student teacher ratio of 17:1 and an average review score of 3.1.
- Frederick Douglass High School has a C- Niche grade, a student teacher ratio of 16:1 and an average review score of 4.1.
- James McHenry Elementary School has a C- Niche grade, a student teacher ratio of 15:1 and an average review score of 3.7.
What are the best private schools in The Terraces?
The best private schools that serve The Terraces are:
- Mount Clare Christian School has a student teacher ratio of 6:1.
What are the most popular zip codes in The Terraces, Baltimore, MD?
What are the most popular neighborhoods near The Terraces, Baltimore, MD?
The most popular neighborhoods near The Terraces, Baltimore, MD are Poppleton, Pigtown, Union Square, Mount Clare and Franklin Square.
Are home prices dropping in The Terraces?
Yes, home prices in The Terraces are down 44% in the last 12 months.
