Neighborhood · Wesley Chapel, Florida
Terrace Park
Affordable Wesley Chapel living without the premium price
4
Homes for sale
$137,500
Median list price
$119
Avg price / sqft
26
Median days on market
Terrace Park is one of the more budget-friendly pockets of Wesley Chapel homes for sale, a small community of modestly sized homes that appeals to first-time buyers and downsizers who want a Pasco County address without a big monthly outlay. It sits within reach of the larger master-planned neighborhoods the area is known for, from the lagoon lifestyle at Epperson to the amenity-rich streets of Seven Oaks, while keeping its own quieter, lower-key feel. Families here are assigned to schools including Raymond B. Stewart Middle School and Wesley Chapel High School.
For a buyer today, the market is small but active — just four homes are currently listed, with a median list price of $137,500 and a range from $79,500 to $230,000. Homes move in a reasonable timeframe, with a median 25.5 days on market, and sellers have been getting about 95% of asking. If nothing on the market fits, it's worth watching the live map, since inventory turns over quickly at this scale.
Terrace Park is a community in Wesley Chapel, Florida.
Quick facts
$79,500 – $230K price range
1,080 sqft median home
$46/mo median HOA
10 sold in 12 months
On the market now
Homes for sale in Terrace Park
$79,500
3834 SARAH DRIVE, WESLEY CHAPEL
2 bd · 1.5 ba · 672 sqft
$150,000$155,000
3902 JULIE DRIVE, WESLEY CHAPEL
2 bd · 2 ba · 1,104 sqft
$125,000$135,000
3933 SARAH DRIVE, WESLEY CHAPEL
3 bd · 2 ba · 1,056 sqft
$230,000$240,000
3518 KIAH DRIVE, WESLEY CHAPEL
5 bd · 3 ba · 2,232 sqft
Every active listing inside the Terrace Park boundary
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Browse Terrace Park
Where the market lives
The numbers that matter
The Terrace Park market
10
Sold, last 12 months
$128,500
Median sold price
95%
Sale-to-list ratio
What sellers actually get vs asking
32 days
Median time to sell
Terrace Park vs Wesley Chapel
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 39.3% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Terrace Park boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Terrace Park is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Terrace Park home
≈ $1,066/mo
$137,500 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$46/mo
Median HOA
From current listings inside the boundary
Population
537
Median age
49
Median income
$45,500
Median home value
$213,700
Beyond the listings
Living in Terrace Park
Hobbies & Interests
Top 1% in the U.S.Engine Enthusiast
This population loves working on and showing off their cars, trucks and motorcycles. You can find them researching car shows and the hottest models on the lot.
Food & Drink
Top 5% in the U.S.Coffee Connoisseur
Morning java. Cup of Joe. Caffeine in an IV. Whatever they call it, this population loves coffee and the culture around it.
Hobbies & Interests
Top 6% in the U.S.Handcrafted
The only thing more beautiful than handmade decor? The hands that made it. This population appreciates the time and care put into one-of-a-kind pieces.
Food & Drink
Top 8% in the U.S.Fueling for Fitness
A population characterized by healthy eating. Often pre-planning for meals for the purpose of fitness and convenience. Likely to participate in meal prep trends.
Lifestyles
Top 13% in the U.S.Hipster
This population swims against the tide of mainstream culture. Common interests include old music, antiques, and alternative diets (i.e., veganism).
Food & Drink
Top 15% in the U.S.Hops & Brews
Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.
Straight answers
Terrace Park FAQs
Is Terrace Park a good place to live?+
It's a good fit if you want an affordable, low-maintenance home in Wesley Chapel with easy access to the area's bigger amenities. You're near master-planned communities like Saddlebrook and assigned to schools including Wesley Chapel High School. The smaller home sizes and modest HOA make it especially practical for first-time buyers and downsizers.
Is Terrace Park expensive?+
No — it's one of the more affordable neighborhoods in the area. The median list price is $137,500 and homes range from $79,500 up to $230,000, well below the Wesley Chapel norm. Add in a $46 median monthly HOA and roughly $1,033 in annual property taxes, and the overall cost of ownership stays low.
What do homes cost in Terrace Park?+
Current listings have a median price of $137,500, working out to about $119 per square foot on a median home size of 1,080 square feet. Over the past year, 10 homes sold at a median price of $128,500. That gap reflects the mix of homes available at any given time.
How is the market in Terrace Park?+
It's a small, steady market — just four homes are active right now, and 10 sold over the past 12 months. Homes take a median 25.5 days to sell, and sellers are getting about 95% of their asking price. Because inventory is limited, serious buyers should check the live map regularly.
What about HOA fees and property taxes?+
Costs here are light: the median HOA runs about $46 per month and median property taxes are around $1,033 per year. That combination is a big part of what makes Terrace Park an affordable place to own compared with newer Wesley Chapel homes for sale.
Keep exploring
More Wesley Chapel neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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