The High Point Terrace housing market is somewhat competitive. The median sale price of a home in High Point Terrace was $330K last month, up 5.6% since last year. The median sale price per square foot in High Point Terrace is $240, up 2.1% since last year.
What is the housing market like in High Point Terrace today?
In April 2024, High Point Terrace home prices were up 5.6% compared to last year, selling for a median price of $330K. On average, homes in High Point Terrace sell after 55 days on the market compared to 40 days last year. There were 21 homes sold in April this year, down from 34 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$330,000
+5.6% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
High Point Terrace, TN
$330,000
+5.6%
United States
To compare other locations to the High Point Terrace and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Memphis add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the High Point Terrace housing market?
High Point Terrace is somewhat competitive. Homes sell in 42 days.
0
100
45
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 42 days.
Hot homes
can sell for around list price and go pending in around 34 days.
Learn about schools in the High Point Terrace area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on High Point Terrace housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in High Point Terrace.
Risk Factor
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
High Point Terrace has a minor risk of flooding. 81 properties in High Point Terrace are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in High Point Terrace. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
High Point Terrace has a minor risk of wildfire. There are 43 properties in High Point Terrace that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in High Point Terrace.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
High Point Terrace has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. High Point Terrace is most at risk from hurricanes. 1,952 properties in High Point Terrace have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 70 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 79 mph.
94% of properties are at major
risk of heat over the next 30 years
Heat Factor
High Point Terrace has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 94% of homes in High Point Terrace have a Major Heat Factor®.
High Point Terrace is expected to see a 185% increase in the number of days over 109ºF over the next 30 years. High Point Terrace is expected to experience 6