Why Live in Terrace Hills
Terrace Hills, located in Mobile, is an established neighborhood known for its long-term residents and a variety of home styles. The area features ranch-style homes predominantly in the north, while the south showcases larger homes with Cape Cod, Colonial Revival, Greek Revival, French country, and Victorian influences. The neighborhood is centrally situated in West Mobile, providing easy access to shopping options like Walmart and Publix, as well as Interstate 65. Dining options are plentiful along Cottage Hill Road, including popular spots like Meat Boss for barbecue, K&D Seafood for seafood, and Jefe Paletas for Mexican ice pops. Terrace Hills has a mix of gently inclined streets and manicured lawns, with sidewalks on the southwest side. Laun Park, located near the heart of the neighborhood, offers an open field, wading pool, playground, and a recreational center. Nearby Mims Park and Medal of Honor Park provide additional sports facilities, including tennis courts and a disc golf course. The neighborhood is safer than the national average, making it a practical choice for families. Terrace Hills is also conveniently located 20 minutes from downtown Mobile and 40 minutes from Pascagoula, Mississippi. The Alabama Pecan Festival in nearby Tillmans Corner is a notable annual event, featuring live music, carnival games, and the crowning of the Pecan Festival Queen.
Home Trends in Terrace Hills, AL
On average, homes in Terrace Hills, Mobile sell after 79 days on the market compared to the national average of 70 days. The median sale price for homes in Terrace Hills, Mobile over the last 12 months is $272,245, down 47% from the median home sale price over the previous 12 months.
Median Sale Price
$272,245
Median Single Family Sale Price
$329,900
Median 2 Bedroom Sale Price
$320,000
Median 1 Bedroom Sale Price
$955,000
Average Price Per Sq Ft
$266
Number of Homes for Sale
6
Last 12 months Home Sales
24
Median List Price
$400,990
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-47%