Kansas City, MO · Jackson County

Terrace Lake Gardens

Built around 1956 · typically 1,032 sq ft above grade · 27 sales in twelve months

Terrace Lake Gardens went from nothing to 607 recorded lots inside five months of 1955 - 228 in March, another 379 in August.

The market here, last twelve months

27homes sold
$204,000median sale price
$178median $/sq ft
20median days on market
3 bd / 1.5 batypical home1,032 sq ft

Half of the homes that sold went under contract within 20 days. The median sale closed at 100.0% of asking - at list. 48% closed at or above the original list price, which is the better measure of how much room a buyer actually has.

Aggregated from Heartland MLS closed sales, twelve months to July 2026. Individual sale prices are not shown - Kansas and Missouri are non-disclosure states and MLS rules do not permit their public display. Ask for the full report.

The story of Terrace Lake Gardensfrom 1955

Kansas City’s plat record dates the first Terrace Lake Gardens plat, lots 1 through 228, to 3 March 1955, recorded the following day. The second, lots 229 through 607, was filed on 8 August 1955. source

Only a five-lot tail followed: lots 608 through 612 cleared the city on 7 April 1960 and were recorded five days later. Jackson County’s own subdivision layer carries 1960 as the recorded year for the whole name, which is that last small plat rather than the 1955 body of the subdivision. source

The name predates the subdivision. A separate plat called simply Terrace Lake, covering block 1, was accepted on 25 February 1926 and recorded that March; a Terrace Lake Shopping Center plat followed in 1988. source

The subdivision is inside Kansas City and inside the Hickman Mills C-1 school district. source

What the houses are likemedian built 1956

The median home sold here was built in 1956. Most of what sells was built between 1956 and 1959. 44% of sales included finished basement space beyond the above-grade footprint - which matters here, because square footage quoted above grade can understate a house considerably.

By property type: Single Family (27).

Addresses here fall in ZIP 64137.

Compared with Kansas City as a wholehow this neighborhood differs
Terrace Lake GardensKansas City
Median sale price$204,000$295,000
Median $/sq ft$178$206
Median days on market2016
Median year built19561964
Finished basement44%45%

Both columns are medians over the same twelve months, so they are directly comparable.

What this means if you are buying in Terrace Lake Gardensspecific to this neighborhood

Because the whole subdivision was platted in one 1955 push, the housing here is unusually consistent in age - which cuts both ways, since roofs, services and sewer laterals across the neighborhood are of one generation and tend to come due together. Ask what has already been replaced rather than assuming. Confirm the school assignment too, since a Kansas City mailing address here sits in Hickman Mills, and check that a comparable is not actually drawn from the older 1926 Terrace Lake plat.

What to check in homes of this agepost-war stock

With a median year built of 1956, most homes here are post-war stock. None of the following says anything about a specific house - they are the questions worth asking of any home of this age.

  • Footprints are smaller than modern equivalents and closets are noticeably so. Square footage comparisons against newer stock tend to flatter the newer house.
  • Garages are often one-car, detached, or absent, and electrical panels may have been upgraded once but not twice.
  • The pre-1978 lead-paint disclosure and ten-day inspection window applies (40 CFR 745.110).
A note on older deed languagevoid and unenforceable

Deeds written in this era sometimes carry restrictive covenant language relating to race, religion or national origin. Where it appears, it is void and unenforceable in both states, and has been for decades: Missouri directs that such a recital be “ignored, as if the same never existed” source, and Kansas, where such covenants were already unlawful, added a release procedure effective 1 July 2024 source. An owner in either state may record a certificate of release, which does not alter the original document but restates that the covenant cannot be enforced. It is a paperwork question rather than a live restriction - but it is worth recognizing if it surfaces in your title work. What this language is, and how to release it.

What sold, in more detailsizes, bedroom mix and timing

Of the 27 homes sold, 1 were 2-bed, 20 were 3-bed, 6 were 4-bed.

Above-grade size ranged from about 936 to 1,356 sq ft across the middle 80% of sales, so the median alone understates how much variation there is.

Closings cluster in April, September and November, with 67% of the year's sales closing between April and September. Because closing typically follows the contract by a month or more, listing activity runs earlier than that.

Other neighborhoods in Kansas City31 more with their own data

Thinking about Terrace Lake Gardens?

These numbers describe what has sold. What they cannot tell you is which street, which floor plan, or what your own house would fetch here. Ask me about Terrace Lake Gardens, or see the wider Kansas City market.

Putting these numbers to work