Oakwood Terrace
Walkable with great nature access
Median $250K·Walkability 7.0/10·Schools 3.8/10
So you're heading into Oakwood Terrace — a ten-acre subdivision tucked right in the heart of Alger Heights, where the homes run around $255K and you're basically a fifteen-minute walk from groceries, coffee, and a solid roster of restaurants. The lots here are tight and efficient at about a sixth of an acre each, which means you're living shoulder-to-shoulder with neighbors in a real neighborhood, not spread out in the sprawl. Ottawa Hills Park is a two-minute walk away, and there are nine parks within a mile, so you've got green space without having to plan a trip.
Why people love it here
Walkability
Good
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Park-rich area
- 45 parks within 1 mile
- Ottawa Hills Park: 4 min walk
- Ottawa Hills High School Athletic Fields: 5 min walk
$250K median
- 3 sales in last 12mo
Mortgage Calculator
Median home price in Oakwood Terrace
Estimated Monthly Payment
$1,697/mo
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. This is not a commitment to lend or an offer of credit. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Lender. NMLS Consumer Access
3 homes sold in Oakwood Terrace this year. Thinking of selling?
See what your home is worthFlood Risk
None
Not in flood zone
Nearest Park
Ottawa Hills Park
0.1 mi
Parks Nearby
45
within 1 mile
Median Sale Price
$250K
3 sales in last 12mo
Parcels / Units
51
Median Lot Size
0.14 ac
0.12 ac – 0.39 ac
Frequently asked about Oakwood Terrace
- What do homes cost in Oakwood Terrace?
- The median home value in Oakwood Terrace is about $250,000. Individual prices vary by street, size, and condition.
- How active is the Oakwood Terrace housing market?
- there is 1 home for sale in Oakwood Terrace right now, and 3 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Oakwood Terrace?
- Oakwood Terrace is served by Grand Rapids Public Schools. Its highest-rated assigned school is City MiddleHigh (8/10).
- Is Oakwood Terrace walkable?
- Oakwood Terrace scores 7.0/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.