Why Live in Terrace Hills
Terrace Hills in Lawton is characterized by its predominantly ranch-style homes with brick facades and gabled roofs, many of which were built in the 1970s and have been updated. Homes typically feature multicar garages, fenced-in backyards, and occasionally, swimming pools. Albert Johnson Park, within walking distance, provides picnic tables, a playground, and open green spaces suitable for sports, with views of the Wichita Mountains Wildlife Refuge located 12 miles away. Lake Lawtonka, 19 miles away, is a popular spot for boating and fishing. Lawton Marketplace, less than a mile from the neighborhood, offers shopping at retailers like Target and T.J. Maxx, dining options such as Qdoba Mexican Eats, and entertainment at the AMC Classic Patriot 13. Every Saturday, residents can visit the Lawton Farmers Market, 7 miles away, for fresh produce and local crafts. U.S. Highway 62 provides easy access to downtown Lawton, 8 miles away, and Lawton-Fort Sill Regional Airport, 11 miles away. Major employers like Fort Sill army base and Goodyear manufacturing plant are within 6 miles. The neighborhood is served by the Lawton Public Schools system, with Hugh Bish Elementary integrating technology into its curriculum. Eisenhower Middle and High Schools also serve the area, and Cameron University is 4 miles away.
Frequently Asked Questions
Is Terrace Hills a good place to live?
Terrace Hills is a good place to live. Terrace Hills is considered car-dependent and somewhat bikeable. Terrace Hills has 2 parks for recreational activities. It has a median age of 37. The average household income is $87,523 which is below the national average. College graduates make up 48.7% of residents. A majority of residents in Terrace Hills are renters, with 50.9% of residents renting and 49.1% of residents owning their home. A
local real estate agent serving Terrace Hills can help you decide if this neighborhood is the right one for you. Learn more on our
Terrace Hills neighborhood guide.
How much do you need to make to afford a house in Terrace Hills?
The median home price in Terrace Hills is $167,000. If you put a 20% down payment of $33,400 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $840 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $36K a year to afford the median home price in Terrace Hills. The average household income in Terrace Hills is $88K.
What are the best public schools in Terrace Hills?
The best public schools that serve Terrace Hills are:
What are the best private schools in Terrace Hills?
The best private schools that serve Terrace Hills are:
What are the most popular zip codes in Terrace Hills, Lawton, OK?
What are the most popular neighborhoods near Terrace Hills, Lawton, OK?
Home Trends in Terrace Hills, OK
On average, homes in Terrace Hills, Lawton sell after 28 days on the market compared to the national average of 52 days. The median sale price for homes in Terrace Hills, Lawton over the last 12 months is $166,000, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$166,000
Median Single Family Sale Price
$165,000
Average Price Per Sq Ft
$108
Number of Homes for Sale
1
Last 12 months Home Sales
20
Median List Price
$167,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%