Terrace, BC Housing Statistics

A+

8%

Med. Home Val. NAT. AVG.

48%

Rent NAT. AVG.

2%

Owner Occ. NAT. AVG.

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Terrace Housing Information

Index	Terrace	British Columbia	National
Median home price	$721,994	$924,563	$665,961
Median rent asked	$1,114	$2,529	$2,146
Avg. people per household	2.4	2.5	2.5
Owner occupied households	69.0%	67.5%	67.6%
Renter occupied households	31.0%	32.3%	32.0%

Housing Quick Facts

The median home price in Terrace is 8% higher than the national average.
The median rent asked in Terrace is 48% lower than the national average.
The average number of people per household in Terrace is 4% lower than the national average.
The number of owner occupied households in Terrace is 2% higher than the national average.
The number of renter occupied households in Terrace is 3% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Kitimat-Stikine C (Part 1), BC	2,921	$685,202	3%
Kshish 4, BC	10	$688,174	3%
Kitimat-Stikine E, BC	4,140	$715,772	7%
Kitselas 1, BC	297	$725,711	9%
Kulspai 6, BC	92	$728,465	9%
Terrace, BC	12,342	$721,994	8%

Cities with similar population

	Population	Home Price	National Avg.
Wellesley, ON	12,358	$684,581	3%
Sidney, BC	12,386	$721,928	8%
Summerland, BC	12,400	$689,168	3%
Brock, ON	12,406	$663,262	0%
View Royal, BC	12,511	$762,294	14%
Terrace, BC	12,342	$721,994	8%

Source: The Terrace, BC housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.