4

Terrace Park Homes for Sale

Section Image
  • /37

    $179,000

    • 1,640 Sq Ft

    611 N Walts Ave, Sioux Falls, SD 57104

    Prime Investment Opportunity in Central Sioux Falls!Welcome to 611 N Walts Ave, a versatile duplex with strong income potential. The main and upper levels feature a 2-bedroom, 1-bath unit, while the additional upper unit offers a 1-bedroom, 1-bath layout, giving you multiple options for renting or owner-occupancy. The home includes an unfinished basement for added storage or future

    Jim Koch eXp Realty - SF Allen Team

    611 N Walts Ave, Sioux Falls, SD 57104
  • /8

    $225,000

    • 1,870 Sq Ft

    608 N Walts Ave, Sioux Falls, SD 57104

    Calling all investors and house hackers! This Triplex conveniently offers 2 units that both have 2 bedrooms and 1 bath, and a basement unit that has 1 bedroom and 1 bath. Lots of off-street parking in the rear of the home with alley access! Priced to sell and ready for you to add to your portfolio today!

    Matthew Harvey Alpine Residential

    608 N Walts Ave, Sioux Falls, SD 57104
  • /45

    $205,000

    • 3 Beds
    • 1 Bath
    • 1,111 Sq Ft

    1013 W 5th St, Sioux Falls, SD 57104

    Near Terrace Park & Cathedral District • Main-floor bedroom • New siding, flooring & paintUpdated and move-in ready, this 3-bed, 1-bath home combines modern interior improvements with convenient access to Sioux Falls amenities. Recent updates include new siding, a newer roof, new LVP flooring, new carpet, and fresh interior paint throughout. The main level features a bright living area with

    Craig Bertrand Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls

    1013 W 5th St, Sioux Falls, SD 57104
  • /21

    $159,000

    • 2 Beds
    • 1 Bath
    • 896 Sq Ft

    909 N Walts Ave, Sioux Falls, SD 57104

    Here's an updated 2 bed, 1 bath house with a single stall garage. Updated deck on back of house, new flooring, updated windows, new appliances, freshly painted and updated interior and exterior. This is a perfect home that is move in ready.

    Dave Mettler Keller Williams Realty Sioux Falls

    909 N Walts Ave, Sioux Falls, SD 57104

Why Live in Terrace Park

Terrace Park is a residential neighborhood located a mile and a half northwest of Downtown Sioux Falls. The area is known for its namesake park, which features Covell Lake, a popular spot for urban fishing, kayaking and canoeing. The park also includes a well-loved outdoor pool, Japanese gardens and athletic facilities such as the Little League baseball fields. The neighborhood is characterized by a mix of single-family homes, including early 20th-century Tudors and American Foursquares, as well as midcentury designs. Terrace Park is home to a few notable dining options, such as Ken's Korner, Habesha and The Log Cabin, with additional attractions and restaurants available downtown. The Sioux Falls Municipal Band performs free concerts in the park during the summer, adding to the community's vibrant atmosphere. For education, students attend Lincoln High School, which is highly rated. The nearest hospital, Sanford USD Medical Center, is a mile and a half away, and the Sioux Falls Regional Airport is 2 miles north.

Frequently Asked Questions

Is Terrace Park a good place to live?
Terrace Park is a good place to live. Terrace Park is considered car-dependent and somewhat bikeable with minimal transit options. Terrace Park is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Terrace Park has 6 parks for recreational activities. It is fairly sparse in population with 3.2 people per acre and a median age of 40. The average household income is $62,530 which is below the national average. College graduates make up 18.2% of residents. A majority of residents in Terrace Park are renters, with 62.6% of residents renting and 37.4% of residents owning their home. A local real estate agent serving Terrace Park can help you decide if this neighborhood is the right one for you. Learn more on our Terrace Park neighborhood guide.
Is Terrace Park, SD a safe neighborhood?
Terrace Park, SD is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Terrace Park?
The median home price in Terrace Park is $217,450. If you put a 20% down payment of $43,500 and had a 30-year fixed mortgage with an interest rate of 6.18%, your estimated principal and interest payment would be $1,060 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $45K a year to afford the median home price in Terrace Park. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Terrace Park is $63K.
What are the best public schools in Terrace Park?
The best public schools that serve Terrace Park are:
What are the best private schools in Terrace Park?
The best private schools that serve Terrace Park are:
What are the most popular zip codes in Terrace Park, Sioux Falls, SD?
The most popular zip codes in Terrace Park, Sioux Falls, SD include 57104, 57103, 57107, 57105 and 57106.
What are the most popular neighborhoods near Terrace Park, Sioux Falls, SD?
The most popular neighborhoods near Terrace Park, Sioux Falls, SD are Downtown Sioux Falls, Cathedral, Northwest Sioux Falls, Pettigrew Heights and West Tenth Street.

Home Trends in Terrace Park, SD

Housing Trends

Median Sale Price
$226,000
Median Single Family Sale Price
$215,000
Average Price Per Sq Ft
$153
Number of Homes for Sale
2
Last 12 months Home Sales
16
Months of Supply
1.50
Median List Price
$217,450
Median Change From 1st List Price
1%
How to Buy a Home How to Finance a Home How to Sell a Home