64 properties sold · Palmerston North

Property sold in Terrace End, Palmerston North

Houses, townhouses, apartments and sections, farms and lifestyle blocks, and commercial and industrial sites sold in Terrace End, Palmerston North in the last twelve months, latest first, with the price where it is public beside the council valuation.

$630kmedian sale, last 12 months · 71 sales · up 1%
$610kmedian council valuation
8.1 yrsmedian time between sales
8for sale now
Palmerston NorthTerrace End ×

64 properties sold in the last 12 months in Terrace End

About Terrace End

Three-bedroom homes sold for a median $610k and four-bedroom homes for $741k. Homes sold for a median $4,946 per square metre of floor over the last twelve months. Homes in Terrace End change hands every 8.1 years on median, against 7.8 across Palmerston North and 7.9 nationally. About 3.8% of its homes sold in the last twelve months.

Schools zoned for Terrace End

  • Cornerstone Christian Schoolcomposite · Years 1-13
  • Parkland School (P North)primary · Years 1-6
  • Hokowhitu Schoolprimary · Years 1-6
  • Ross Intermediateintermediate · Years 7-8
  • Palmerston North Intermediateintermediate · Years 7-8
  • Freyberg High Schoolsecondary · Years 9-15
  • Palmerston North Girls' High Schoolsecondary · Years 9-15
  • Palmerston North Boys' High Schoolsecondary · Years 9-15

Terrace End house prices over time

Median sale price by year, all homes; 2026 is the year so far. Terrace End's median sale price over the last twelve months was $630k, across 71 sales, up 1% on the twelve months before. Across Palmerston North it was $625k.

2016: $311k (144 sales)$311k20162017: $364k (126 sales)2018: $402k (116 sales)20182019: $450k (122 sales)2020: $557k (106 sales)20202021: $712k (97 sales)$712k2022: $698k (74 sales)20222023: $650k (88 sales)2024: $635k (127 sales)20242025: $620k (95 sales)2026: $654k (52 sales, this year so far)$654k2026
Sales by year as a table
YearSalesMedian pricePer m² floorPer m² land (est.)Palmerston North median
202652$653,500$4,959$630$623,000
202595$620,000$4,941$625$632,500
2024127$635,000$4,902$675$625,500
202388$650,000$4,742$665$625,000
202274$697,500$5,095$697$675,000
202197$712,000$5,310$704$686,000
2020106$556,500$4,022$553$542,250
2019122$450,000$3,569$486$441,250
2018116$401,750$3,138$433$393,000
2017126$364,000$2,774$383$350,000
2016144$310,500$2,541$321$315,000

Estimated value, month by month

Our model's median estimate for homes in Terrace End, down 3% over the last twelve months. An automated estimate, not a registered valuation.

Nov 2024: $623kDec 2024: $621kJan 2025: $619kFeb 2025: $616kMar 2025: $614kApr 2025: $613kMay 2025: $611kJun 2025: $612kJul 2025: $614kAug 2025: $616kSept 2025: $619kOct 2025: $621kNov 2025: $621kDec 2025: $619kJan 2026: $616kFeb 2026: $613kMar 2026: $614kApr 2026: $612kMay 2026: $610kJun 2026: $608kJul 2026: $607kAug 2026: $607kSept 2026: $608kOct 2026: $605k$623k$605kNov 2024Oct 2026
Scale $599k to $629k, not from zero.

Prices by bedrooms in Terrace End

Over the last twelve months, 2-bedroom homes sold for a median $480k, 3-bedroom homes sold for a median $610k, 4-bedroom homes sold for a median $741k.

BedroomsHomesMedian council valueSold, last 12 monthsMedian salePer m² floor
110$388k0—$6,725
2260$475k9$480k$5,611
3996$600k38$610k$5,081
4350$750k16$741k$4,428
5+71$870k3—$3,350

Price per square metre

Homes in Terrace End sold for a median $4,946 per square metre of floor over the last twelve months, land included (Palmerston North: $4,601); the land under houses sold for an estimated $631 per square metre (Palmerston North: $532). A sale price is not split between land and house, so the land figure gives the land the council's share of each sale — the land value as a part of the capital value at the last revaluation.

$4,946per m² of floor, land included, sales in the last 12 months
$631per m² of land, estimated from house sales in the last 12 months
$4,663per m² of floor, council capital values
$637per m² of land, council land values of houses

Recent sales in Terrace End

How long owners stay in Terrace End

Homes in Terrace End change hands every 8.1 years on median, against 7.8 across Palmerston North and 7.9 nationally.

8.1 yearsmedian time between sales, Terrace End
7.8 yearsPalmerston North
7.9 yearsNew Zealand
3.8%of homes sold in the last 12 months (Palmerston North: 4%)

By kind: houses 7.6 years.

Time between a home's sales, for homes that resold in the last five years. A home not sold since our records begin is not counted, so owners who stay longest are under-represented.

Who lives in Terrace End

About 4,482 people lived in Terrace End at the 2023 census (up 1% since 2018); their median age was about 38 (Palmerston North: 37); 61% of households owned their home (Palmerston North: 64%).

4,482people, 2023 (2018: 4,425)
38median age, about (Palmerston North: 37)
$88kmedian household income, about (Palmerston North: $94k)
61%of households own their home (2018: 62%)

Age

  • 30-64 years43%
  • 15-29 years22%
  • Under 15 years18%
  • 65 years and over17%

Households

  • One-family household (with or without other people)62%
  • One-person household29%
  • Other multi-person household9%
  • Two-family household (with or without other people)2%
  • Three or more family household (with or without other people)0%

Ethnicity

  • European78%
  • Māori19%
  • Asian12%
  • Pacific Peoples5%
  • Other Ethnicity2%
  • Middle Eastern/Latin American/African2%

Where people were born

  • New Zealand79%
  • Asia9%
  • United Kingdom and Ireland4%
  • Middle East and Africa2%
  • Australia1%
  • Pacific Islands1%
  • Europe (excl United Kingdom and Ireland)1%
  • North America1%

Household income

  • $100,001-$150,00022%
  • $70,001-$100,00014%
  • $30,001-$50,00014%
  • $50,001-$70,00014%
  • $150,001-$200,00012%
  • $20,001-$30,00010%
  • $200,001 or more7%
  • $20,000 or less7%

Dwellings

  • Separate house80%
  • Joined dwelling20%
  • Non-private dwelling0%
  • Other private dwelling0%

Highest qualification

  • No qualification16%
  • Bachelor degree and Level 7 qualification15%
  • Level 3 certificate14%
  • Level 2 certificate11%
  • Level 1 certificate10%
  • Level 4 certificate9%
  • Post-graduate and honours degrees6%
  • Level 5 diploma5%

Stats NZ Census 2023 and 2018, summed over the census areas inside Terrace End. Medians are approximate: Stats NZ publishes them per area and they cannot be added up exactly.

Real estate agents selling in Terrace End

37 agents have been credited on a sale or a live listing in Terrace End in the last two years. Those with the most:

All 37 real estate agents in Terrace End, with their recent sales and which agencies sell the suburb.

Counted from sales records that name the agent, and from current listings. A count of activity, not a rating.

Building and resource consents in Terrace End

15building consents in the last 12 months ($4.14m of work)
  • 134 Ruamahanga Crescent1 Aug 2026 · Building consentInstall a metro wee rad leg freestanding wood fire into the lounge.
  • 386 Ruahine Street1 Aug 2026 · Building consentAlt work to an existing 4 bdrm dwg to open up the living/kitchen/dining areas
  • 25 Ruamahanga Crescent1 Jul 2026 · Building consentAlt to internal bathrm, tiled shower
  • 12 Brightwater Terrace1 Jul 2026 · Building consentInternal alterations, change locations of bathrm & house alt/additions
  • 20 Opawa Place1 Apr 2026 · Building consentSwapping a bdrm with the kitchen to create an open plan kitchen/living

Search building consents in Terrace End and see Stats NZ's count of new homes there.

Sales and valuations as at 18 September 2026, from council and LINZ records. Figures resting on fewer than 5 sales are not shown.

Property sold by street in Terrace End

About property sold in Terrace End, Palmerston North

Every property in Terrace End, Palmerston North, whether it is for sale or not: homes, sections, farms, lifestyle blocks, shops, offices and industrial land. Each is listed from the council rating roll and Toitū Te Whenua LINZ, with the listing beside it when an agent is marketing it.

Sales come from the council valuation roll and the listings that preceded them. Each opens on the property’s own page, with its full sales history, our estimate of its value today and its title.

Each property has its own page: our estimate of its value beside the council rating valuation, past sale prices, the title and land area, zoning and hazards, building consents, and what it would cost to own.

Listings are published by the agents who market them. Addresses, land details and rating valuations come from Toitū Te Whenua Land Information New Zealand and from the council. No ownership information is published.

Header photo: Michal Klajban, CC BY-SA 4.0, via Wikimedia Commons (licence).