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Terrace Park Homes for Sale

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  • 1119 N Duluth Ave, Sioux Falls, SD 57104
    1119 N Duluth Ave, Sioux Falls, SD 57104
    1119 N Duluth Ave, Sioux Falls, SD 57104
    /30

    $245,000

    • 3 Beds
    • 1 Bath
    • 1,244 Sq Ft

    1119 N Duluth Ave, Sioux Falls, SD 57104

    Welcome home to this charming and stylish starter home that's full of character and opportunity! Trendy updates throughout create a fresh, modern feel, while the open-concept main level offers comfortable living and easy entertaining. Downstairs, you'll find even more room to spread out with a spacious recreation area, a versatile den perfect for a home office, gym, or hobby space, and two

    Nicholas Blau Real Broker LLC

    1119 N Duluth Ave, Sioux Falls, SD 57104
  • 611 N Walts Ave, Sioux Falls, SD 57104
    611 N Walts Ave, Sioux Falls, SD 57104
    611 N Walts Ave, Sioux Falls, SD 57104
    /25

    $154,000

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

    611 N Walts Ave, Sioux Falls, SD 57104

    Rare Sioux Falls Flex Living Property — Duplex or Single Home With Large Lot Rare opportunity to own a versatile home with strong equity potential and an extra-large lot in a central location — features that are difficult to find in this market. 611 N Walts Ave is currently configured to function as either a duplex or a single-family home, giving buyers exceptional flexibility. Whether you want

    Jim Koch eXp Realty- SF-Allen Edge Team

    611 N Walts Ave, Sioux Falls, SD 57104
  • 826 W 2nd St, Sioux Falls, SD 57104
    826 W 2nd St, Sioux Falls, SD 57104
    826 W 2nd St, 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
South Dakota Minnehaha County Sioux Falls Terrace Park

Real Estate & Homes for Sale in Terrace Park, Sioux Falls

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.
Learn more about living in Terrace Park

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 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 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.
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 $215,000. If you put a 20% down payment of $43,000 and had a 30-year fixed mortgage with an interest rate of 6.48%, your estimated principal and interest payment would be $1,080 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $46K 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 Garfield.
Are home prices dropping in Terrace Park?
Yes, home prices in Terrace Park are down 22% in the last 12 months.

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

Terrace Park Whittier Pettigrew Heights Garfield
Median Home Price
$215,000
$219,900
$221,111
$236,200
Median Sale Price
$195,000
-25% YoY
$216,000
+1% YoY
$220,500
-32% YoY
$231,000
-45% YoY
Median Single Family Price
$215,000
$216,000
$217,950
$231,000
Total Active Listings
2
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8
14
Market Conditions
1 Months
Seller's Market
2 Months
Seller's Market
3 Months
Seller's Market
3 Months
Seller's Market
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