Why Live in Terrace Estates
Terrace Estates is a suburban Oxnard neighborhood where quiet streets feature midcentury housing styles, and residents have quick access to the ocean and suburban conveniences. Located in eastern Oxnard, it's bordered by Channel Islands Boulevard, Oxnard Boulevard and Victoria Avenue, providing access to the Pacific Ocean, shopping, dining and entertainment. The neighborhood features palm trees and well-maintained lawns, with some homes showcasing desert landscaping. Terrace Estates has a mix of single-family homes as well as apartment and condo options, and Spanish Colonial Revival and ranch-style homes are common. Oxnard College, the local community college, is located in the neighborhood. Outdoor features include College Park—with an off-leash dog park, soccer fields and basketball courts—and Pleasant Valley Park, with tennis courts and picnic areas. Port Hueneme Beach and Park, less than three miles away, offers walking paths, a gazebo and a lighthouse. Downtown Oxnard has plenty of shops, including the movie theater and bowling alley at The Collection at RiverPark and restaurants like Juarez Tacos. For groceries, options include Island Pacific Seafood Market and Ralphs. Oxnard College's School for the Performing Arts hosts dance, science and other events, while the South Oxnard Branch Library offers programming for kids. The closest hospital, Dignity Health - St. John's Regional Medical Center, is just over 5 miles away.
Frequently Asked Questions
Is Terrace Estates a good place to live?
Terrace Estates is a good place to live. Terrace Estates is considered somewhat walkable and somewhat bikeable with some transit options. Terrace Estates has 6 parks for recreational activities. It is very dense in population with 25.9 people per acre and a median age of 32. The average household income is $101,653 which is below the national average. College graduates make up 8.2% of residents. A majority of residents in Terrace Estates are renters, with 52.4% of residents renting and 47.6% of residents owning their home. A
local real estate agent serving Terrace Estates can help you decide if this neighborhood is the right one for you. Learn more on our
Terrace Estates neighborhood guide.
Is Terrace Estates, CA a safe neighborhood?
Terrace Estates, 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 Terrace Estates?
The median home price in Terrace Estates is $699,000. If you put a 20% down payment of $139,800 and had a 30-year fixed mortgage with an interest rate of 6.11%, your estimated principal and interest payment would be $3,390 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $145K a year to afford the median home price in Terrace Estates. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Terrace Estates is $102K.
What are the best public schools in Terrace Estates?
The best public schools that serve Terrace Estates are:
What are the most popular zip codes in Terrace Estates, Oxnard, CA?
What are the most popular neighborhoods near Terrace Estates, Oxnard, CA?
Are home prices dropping in Terrace Estates?
Yes, home prices in Terrace Estates are down 8% in the last 12 months.
Home Trends in Terrace Estates, CA
On average, homes in Terrace Estates, Oxnard sell after 32 days on the market compared to the national average of 53 days. The median sale price for homes in Terrace Estates, Oxnard over the last 12 months is $685,000, down 13% from the median home sale price over the previous 12 months.
Median Sale Price
$685,000
Median Single Family Sale Price
$694,500
Average Price Per Sq Ft
$479
Number of Homes for Sale
2
Last 12 months Home Sales
11
Median List Price
$699,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-13%