Recently Sold Homes in Terrace, Medicine Hat
Browse newly sold homes in Terrace. View today's MLS® sold listings and homes sold in the last 30 days.
Homes sold (last 365 days)
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Median sold price
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Average time to sell
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Searching for recently sold homes in Terrace? See exactly what buyers paid for properties in this Medicine Hat neighbourhood. Our MLS® sold listings show final sale prices, not just asking prices.
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Market data for Terrace is currently being updated. Check back soon for comprehensive MLS® sold data including median prices, days on market, and sale-to-list ratios.
0 Recently Sold Homes in Terrace (Last 365 days • Updated February 24, 2026 at 7:54 PM)
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No recent sold listings found.
Understanding the Terrace Market
Understand pricing, negotiation leverage, and market velocity based on recent sales.
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Homes sold (last 2 years)
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New in February 2026
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Terrace vs Medicine Hat
Terrace median sold price
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Medicine Hat median sold price
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Neighbourhood Guide: Terrace, Medicine Hat
Neighbourhood Overview
Terrace is a peaceful, sought-after residential neighbourhood in Medicine Hat. Known for its picturesque surroundings and family-friendly atmosphere, the community offers a tranquil suburban lifestyle with 0 properties currently on the market, keeping residents close to modern city amenities.
Location
Situated in the northeast quadrant of the city, Terrace is perched on the escarpment directly above the Ranchlands neighbourhood. This elevated positioning provides many properties with stunning, unobstructed views of the South Saskatchewan River valley and the striking Medicine Hat cliffs.
Housing Character
Development in Terrace began in the early 2000s, resulting in a streetscape of well-maintained, contemporary homes. The market is dominated by detached single-family houses, though there are also walkout bungalows, townhomes, and mid-rise condominiums. Positioned in the mid-range to premium tiers, the neighbourhood sees an average sold price of $0, with homes typically seeing 0 days on the market.
Schools & Education
Families in the area are served by the Medicine Hat Public School Division and local Catholic schools. Nearby educational options include Dr. Ken Sauer School and Webster Niblock School for early years, while older students typically attend Crescent Heights High School, all located within a short drive.
Transit & Access
While Terrace is primarily a car-dependent suburban community, residents have access to Medicine Hat Transit. Local bus routes operate along the main thoroughfares of the adjacent Northeast Crescent Heights and Ranchlands areas, providing standard connections to commercial hubs and the downtown core.
Shopping & Dining
As a strictly residential enclave, Terrace offers a quiet atmosphere free from heavy commercial traffic. For everyday needs, residents are only a short drive from the Crescent Heights commercial district, which features grocery stores, pharmacies, local restaurants, and cafes.
Parks & Recreation
The neighbourhood boasts exceptional access to the outdoors, seamlessly connecting to Medicine Hat's vast municipal trail system. Residents regularly enjoy walking and jogging along the scenic cliff-side paths, and are just minutes from Police Point Park, the Medicine Hat Golf and Country Club, and the extensive facilities at the Family Leisure Centre.
Lifestyle & Community
Life in Terrace is defined by quiet comfort and active outdoor living. The community primarily attracts families, professionals, and retirees who value a safe, low-traffic environment, spectacular natural vistas, and quick access to some of the city's best recreational amenities.
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