Terrace Park, IN Housing Market
$284,645
5.1% 1-yrThe average Terrace Park, IN home value is $284,645, up 5.1% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Terrace Park Key Takeaways
Typical Home Values: $284,645
1-Year Value Change: +5.1%
(Data through August 31, 2026)
Terrace Park Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- East Goshen$147,456
- Rieth Park$205,562
- East Lincoln Crossroads$169,162
- Historic Southside$218,518
- Chamberlain$151,234
- Parkside$219,879
- Maplecrest$249,870
- Shanklin Millrace$201,016
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Terrace Park Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are the most expensive neighborhoods in Goshen, IN?
The neighborhoods with the highest median home values in Goshen, IN include: Pickwick Village ($315,193), Terrace Park ($284,645), Historic Racemere Peninsula ($267,940), Maplecrest ($249,870), Parkside ($219,879).
What are the most affordable neighborhoods in Goshen, IN?
The neighborhoods with the lowest median home values in Goshen, IN include: Historic Dickerson Landing ($132,317), East Goshen ($147,456), Chamberlain ($151,234), Northside ($153,293), East Lincoln Crossroads ($169,162).
Which Goshen, IN neighborhoods have the fastest growing home values?
Neighborhoods with the highest year-over-year value growth in Goshen, IN include: Chamberlain (8.6%), Historic Racemere Peninsula (8.0%), East Goshen (7.9%), Historic Dickerson Landing (7.0%), Rieth Park (6.9%).