$693,095Average Value$253Average Price per Sq Ft0Homes For Sale
Solid ground
Located at the northern end of Chicago’s Arlington Heights suburb, Terramere puts residents at a crossroads of retail, nature, and residential comfort. Terramere, like Arlington Heights, owes its origins to the suburban explosion of the 1950s, when Chicagoland’s metropolitan area boomed in size and population. As a result of this growth, modern Arlington Heights has elements of an urban character. Just six minutes down Arlington Heights Road from Terramere, a bustling downtown shopping district provides locals with both the essentials and plenty of luxurious dining and retail options. Due to its location, Terramere offers homeowners both the peace and quiet of a mostly residential community while also situating them just around the corner from these popular amenities.
Lake Terramere sits at the center of the Terramere neighborhood, serving as a picturesque community hub.
Terramere puts residents at a crossroads of retail, nature, and residential comfort.
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Tranquility at Terramere
Homebuyers find that Terramere offers comfortable living at competitive prices. “You can find any type of home you’d be looking for, from a ranch to a split-level, Victorian homes, and multimillion-dollar homes,” says Realtor Diana Matichyn of Coldwell Banker. “The median price is $350,000, but, if you’re looking for something with a little bit of space for your family, and with a backyard, you’re looking for around $500,000 to $600,000.” Terramere’s winding streets branch off North Arlington Heights Road and surround the tranquil Lake Terramere, a small pond that provides this neighborhood with a beautiful backdrop. “Taxes are not as expensive in Chicago or some North Shore suburbs; you’re paying for quality schooling and wonderful infrastructure.”
Brick Colonial homes with manicured lawns are a common sight in Terramere.
Split-level homes, shaded by mature trees, can be found throughout Terramere.
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A storied education
Henry W. Longfellow Elementary School earns a B-plus grade from Niche and is where students attend before starting at Cooper Middle School, which Niche also gives a B-plus grade. Once students start at John Hersey High School, they can enroll in Advanced Placement (AP) and dual credit courses to earn college credit. This Niche A-plus graded school is named after a pioneer in the art of journalistic storytelling whose traditions live on in the school’s multimedia communications programs like the Hersey Dispatch, which publishes school stories in podcasts and other various platforms.
John Hersey High School is a top-rated public school in Terramere serving grades 9–12.
Buffalo Grove High School is a top rated public school, hitting high marks in academics near Terramere.
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Shop and dine at the Plaza
Arlington Heights offers amenities beyond beautiful homes. “Modern, friendly, and clean, Arlington Heights is a great place to live in, and even better to experience. There are so many restaurants, small businesses, and events; you’ll never be bored,” Matichyn says. While much of this exciting commotion is concentrated downtown, Terramere is situated just across Lake Cook Road from local shopping centers such as Terramere Plaza – home to the popular Yen Yen Restaurant – and Chase Plaza, where gourmands can enjoy the quintessential diner experience at Buffalo Restaurant & Ice Cream Parlor. Visitors may enjoy this restaurant’s burgers, Reuben sandwiches, soups, and other delicacies within a retro, midcentury interior reminiscent of Arlington Heights’ roots in the 1950s.
Terramere Plaza has convenient dining and shopping options.
Terramere residents enjoy classic Chinese cuisine and friendly service at Yen Yen in nearby Buffalo Grove.
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Flora, fauna, fishing and frolicking
Terramere residents have easy access to nature. The Buffalo Creek Forest Preserve, located north of the neighborhood, includes warrens of trails running through marshland that has been home to deer, birds and other wildlife since the 408-acre preservation project began in 1979. At the heart of Terramere, Lake Terramere Park has wide-open grass for picnics and is where locals cast their nets into the retention pond. The park’s playground provides restless children with opportunities for outdoor adventures.
Lake Terramere Park features a playground, fields, and walking paths.
Terramere residents can stay active and train on nearby parks and trails.
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Commuting to Chicago
Chicago is just an hour’s drive away via Interstates 290 and 294, making for an easy commute into the city, whether for work or pleasure. With suburban quiet, natural scenery, and urban adventures, each within reach, Terramere offers a combination of Chicagoland’s greatest features.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
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Crime and Safety
1 - Low Crime, 10 - High Crime
Terramere
US
Homicide
1
4
Sexual Assault
3
4
Assault with Weapon
2
4
Robbery
2
4
Burglary
4
4
Motor Vehicle Theft
4
4
Larceny
4
4
Crime Score
3
4
Source: WhatIsMyCrimeRisk.com
Terramere Demographics and Home Trends
On average, homes in Terramere, Arlington Heights sell after 13 days on the market compared to the national average of 53 days. The median sale price for homes in Terramere, Arlington Heights over the last 12 months is $660,000, consistent with the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$649,000
Median Sale Price
$660,000
Median Single Family Sale Price
$660,000
Median Change From 1st List Price
2%
Last 12 months Home Sales
15
Median Home Sale Price YoY Change
0%
Average Price Per Sq Ft
$253
Neighborhood Facts
Number of Homes
587
Number of Homes for Sale
0
Median Year Built
1984
Months of Supply
0.00
Distribution of Home Values
Source: Public Records
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
1,388
Median Age
46
Population Density
8 ppl/acre
Population under 18
22%
On par with the national average
23.8%
Population over 65
24%
On par with the national average
19.1%
Finances
Median Household Income
$119,299
Significantly above the national average
$79,601
Average Household Income
$150,295
Education and Workforce
High School Graduates
97.4%
College Graduates
65.7%
Significantly above the national average
34.1%
Advanced Degrees
31%
Above the national average
13.3%
% Population in Labor Force
78.1%
Weather
Annual Precipitation
32''
Average Winter Low Temperature
19°F
Average Summer High Temperature
84°F
Annual Snowfall
21''
Area Factors
Bikeable
Bike Score®
51/ 100
Somewhat Walkable
Walk Score®
50/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
