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Terrace Park Homes for Sale

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  • /23

    $234,000

    $5K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,182 Sq Ft

    614 W 1st St, Sioux Falls, SD 57104

    Completely updated and move-in ready! This charming 1.5-story home offers 3 bedrooms, 2 bathrooms, and an oversized two stall garage, with quality updates throughout. The main floor features a living room, dining area, updated kitchen with new cabinets, countertops, sink, and faucet, convenient main-floor laundry, and a full bathroom. The main floor master bedroom offers a private en-suite

    Agent Photo

    Allison Moses

    Falls Real Estate

    614 W 1st St, Sioux Falls, SD 57104
  • /39

    $269,900

    • 2,250 Sq Ft

    1115 N Duluth Ave, Sioux Falls, SD 57104

    Duplex opportunity with easy access to downtown, airport and interstate. Front apartment has been completely remodeled in 2026 and has been left open for a potential owner occupied buyer. Or place a tenant in this apartment for a cash flowing investment property. Unit 1 (front apartment) has 3 bedrooms and 1 bath. 1,270sq ft. Unit 2 (back apartment) has 2 bedrooms and 1 bath, 980 sq ft. Both

    Agent Photo

    Kory Davis

    The Experience Real Estate

    1115 N Duluth Ave, Sioux Falls, SD 57104
  • /26

    $167,777

    • 3 Beds
    • 2 Baths
    • 1,640 Sq Ft

    611 N Walts Ave, Sioux Falls, SD 57104

    Rare opportunity in Sioux Falls! This versatile property offers the flexibility to function as a duplex or a single-family home, making it an excellent option for owner-occupants, multi-generational living, or buyers looking to offset their housing costs with rental income. The main living area features 2 bedrooms and 1 bathroom, while the separate upper-level living space offers 1 bedroom and 1

    Jim Koch eXp Realty- SF-Allen Edge Team

    611 N Walts Ave, Sioux Falls, SD 57104
  • /5

    $325,000

    • 4,096 Sq Ft

    826 W 2nd St, Sioux Falls, SD 57104

    Located in Sioux Falls' established North End West neighborhood, this duplex on W 2nd Street puts residents minutes from Falls Park, Jacobson Plaza, and a thriving downtown scene. It's a smart buy whether you're an investor seeking steady rental income or an owner-occupant looking to offset your mortgage.Both units sit in a quiet, walkable setting with easy access to the city's best dining,

    Daniel Stillson Gateway Real Estate Advisors

    826 W 2nd St, Sioux Falls, SD 57104

Why Live in Terrace Park

Terrace Park is a residential neighborhood about a mile and a half from Downtown Sioux Falls. The area stands out for its large 52-acre park, which was founded in 1916 and is on the historic register of places. A key feature of the greenspace is Covell Lake — a popular spot for urban fishing, kayaking and canoeing. The park also has an outdoor pool, a Japanese garden, athletic facilities and trails used by walkers and cyclists. The neighborhood is made up of single-family homes, with architecture ranging from early 20th-century American Foursquares to midcentury ranch style and split-level properties. When it comes to food, there are a few notable spots nearby — Ken’s Korner and The Log Cabin being two, while downtown offers even more options. Community spirit is alive and well in Terrace Park, thanks to its neighborhood association. The local park is more than just a place to relax and play, it's also a hub for events. In the summer, the Sioux Falls Municipal Band puts on free concerts at its bandshell, drawing out a lively crowd.

Terrace Park, Sioux Falls, SD Home Prices vs. Nearby Neighborhoods

Terrace Park Whittier Pettigrew Heights Garfield
Median Home Price
$222,500
$219,900
$223,561
$230,000
Median Sale Price
$224,000
-1% YoY
$204,500
-5% YoY
$212,500
-10% YoY
$223,000
-8% YoY
Median Single Family Price
$227,000
$214,500
$221,450
$230,000
Total Active Listings
3 listings
12 listings
10 listings
10 listings
Market Conditions
2 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
3 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market

Frequently Asked Questions

Is Terrace Park a good place to live?
Terrace Park is a good place to live. Terrace Park is considered somewhat walkable and very bikeable with minimal transit options. Terrace Park has 6 parks for recreational activities.It is fairly sparse in population with 4.0 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 63% of residents renting and 37% 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.
How much do you need to make to afford a house in Terrace Park?
The median home price in Terrace Park is $222,500. If you put a 20% down payment of $44,500 and had a 30-year fixed mortgage with an interest rate of 6.71%, your estimated principal and interest payment would be $1,150 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $49K 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, 57077, 57103, 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.
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