Is Terre Haute, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Terre Haute has remained a Seller's Market.
Housing Prices in Terre Haute, IN
How much do homes in Terre Haute, IN cost?
Median Sold Price
$132,150
$87/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Terre Haute was $132,150 in April 2024, up 14.9% from last year, and the median price per square foot was $87.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $40K | $70.1K | +75.3% |
2 Bedrooms | $88K | $84.9K | -3.5% |
3 Bedrooms | $133.9K | $149.9K | +11.9% |
4 Bedrooms | $215.5K | $245K | +13.7% |
5+ Bedrooms | $470K | $199K | -57.7% |
Summary: Terre Haute housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 75.3%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes decreased by 57.7%.
Median Sold Price Compared To Nearby Cities
Terre Haute | $115K | $132.1K | +14.9% |
Harrison Township | $100.9K | $103K | +2.0% |
Housing Supply in Terre Haute, IN
How many homes are available in Terre Haute, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
80 | 80 | 0.0% |
Summary: The Terre Haute real estate market had 80 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 20 | 15 | -25.0% |
3 Bedrooms | 34 | 38 | +11.8% |
4 Bedrooms | 19 | 21 | +10.5% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Terre Haute housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 21 | 0.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Terre Haute in April 2024, the same as the previous month. Of the 21 sold homes, 67% were sold under asking, 24% were sold at asking, and 10% were sold over asking.
Days on Market for Terre Haute, IN
How long does it take to sell a home in Terre Haute, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 80 Days | +172.9% |
Summary: Homes in Terre Haute had an average of 80 days on market in Apr 2024, up by 172.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in Terre Haute; 48% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.