Terre Haute housing market

Neutral marketTerre Haute, IN metro areaData through Sep 2026
Typical home value
$166K
▲ 1.4% 1 yr
Typical rent
$977/mo
▲ 2.8% 1 yr
12-month forecast
+3.0%
#137 of 546 metros
Gross rent yield
7.1%
#118 of 546 · U.S. 6.3%
Days to pending
44 days
▼ −5 days 1 yr
Listings with a price cut
26%
▼ −1.4 pts 1 yr

Key takeaways

  • 1The typical home is worth $165,632, up 1.4% in a year and up 30% over five years.
  • 2Zillow forecasts home values rising 3.0% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $977/mo (+2.8% YoY), a 7.1% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $910/mo in principal and interest, $67 less than renting.
  • 5Homes go under contract in 44 days (−5 days vs last year); 26% of listings have had a price cut.
Market temperature
Neutral market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 50/100, #137 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $166K
$94K$116K$138K$161K2016201920222025
Typical monthly rent
Latest $977
$695$782$870$957202120232025

How fast homes are selling

Days to go under contract
Latest 44
2648719320182020202220242026
Share of listings with a price cut
Latest 25.9%
10.5%15.7%21.0%26.3%20182020202220242026
Homes for sale vs new listings
Latest 672
For saleNew listings
15233952671320182020202220242026
Share of homes sold above list price
Latest 20.2%
8.0%18.1%28.2%38.3%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $47K
To buy (20% down)To rent
$22K$30K$37K$45K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Terre Haute compares

MeasureTerre HauteUnited StatesRank of 546
Home value, 1-yr change+1.4%+1.2%#337
Home value, 5-yr change+30.0%+19.7%
12-month forecast+3.0%+1.1%#137
Rent, 1-yr change+2.8%+2.7%#321
Gross rent yield7.1%6.3%#118
Price-to-rent ratio14.115.8
Mortgage P&I on typical home$910$2,012
Income needed to buy$46,799$100,902
Days to pending4456

Cities in the Terre Haute metro

1 cities with home value and rent data.

Terre Haute$159K▲ 0.4%$993▲ 3.3%7.5%

Run the numbers

Other Indiana metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.