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.
Home Trends in Highland Terrace, CA
On average, homes in Highland Terrace, Oakland sell after 52 days on the market compared to the national average of 51 days. The median sale price for homes in Highland Terrace, Oakland over the last 12 months is $654,500, down 8% from the median home sale price over the previous 12 months.
Median Sale Price
$654,500
Median Single Family Sale Price
$580,000
Median Townhouse Sale Price
$900,000
Average Price Per Sq Ft
$462
Number of Homes for Sale
5
Last 12 months Home Sales
36
Median List Price
$729,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-8%