Why Live in Highland Terrace
Highland Terrace, located on the outskirts of central Oakland, is a residential neighborhood known for its charming California Craftsman homes and bungalows, many dating back to the 1920s. The area features winding streets lined with colorful houses, some fully restored with modern amenities, while others await renovation. Residents appreciate the neighborhood's proximity to Lake Merritt and Grand Lake's shopping district, both just a few miles away. Highland Terrace is also conveniently located near Highland Hospital, a major employer and trauma center. The neighborhood offers practical amenities like Shopper’s Market and A & G Market for groceries, with larger stores and dining options less than 2 miles away across the MacArthur Freeway. For recreation, Morgan Plaza provides a small park setting, while Manzanita Recreation Center offers various programs and sports facilities, including a new outdoor basketball court. Lake Merritt, a popular spot for outdoor activities, is just 2 miles away. The neighborhood is well-connected, with easy access to I-580, bus stops, and the BART train station, facilitating commutes across the East Bay. Oakland International Airport is 7 miles from Highland Terrace.
Frequently Asked Questions
Is Highland Terrace a good place to live?
Highland Terrace is a good place to live. Highland Terrace is considered fairly walkable and bikeable with good transit options. Highland Terrace has 7 parks for recreational activities. It is very dense in population with 31.5 people per acre and a median age of 38. The average household income is $88,059 which is below the national average. College graduates make up 25.1% of residents. A majority of residents in Highland Terrace are renters, with 65.2% of residents renting and 34.8% of residents owning their home. A
local real estate agent serving Highland Terrace can help you decide if this neighborhood is the right one for you. Learn more on our
Highland Terrace neighborhood guide.
Is Highland Terrace, CA a safe neighborhood?
Highland Terrace, CA is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Highland Terrace?
The median home price in Highland Terrace is $329,990. If you put a 20% down payment of $66,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,710 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $73K a year to afford the median home price in Highland Terrace. The average household income in Highland Terrace is $88K.
What are the best public schools in Highland Terrace?
The best public schools that serve Highland Terrace are:
What are the best private schools in Highland Terrace?
The best private schools that serve Highland Terrace are:
What are the most popular zip codes in Highland Terrace, Oakland, CA?
What are the most popular neighborhoods near Highland Terrace, Oakland, CA?
Home Trends in Highland Terrace, CA
On average, homes in Highland Terrace, Oakland sell after 43 days on the market compared to the national average of 70 days. The median sale price for homes in Highland Terrace, Oakland over the last 12 months is $311,500, down 21% from the median home sale price over the previous 12 months.
Median Sale Price
$311,500
Median Single Family Sale Price
$329,990
Median Townhouse Sale Price
$323,000
Median 2 Bedroom Sale Price
$3,450,000
Average Price Per Sq Ft
$321
Number of Homes for Sale
4
Last 12 months Home Sales
12
Median List Price
$329,990
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-21%