📍 Brazil, IN · Zillow ZHVI · July 2026

Average Home Price in
Brazil, IN

Terre Haute, IN metro area · Clay County County

Median Home Value
$195,788
↑ 1.5% year-over-year
vs. National Median
$410,000
Brazil is 52% below
Est. Monthly Payment
$1,021/mo
20% down · 6.8% rate
Income Needed
$52K
gross annual (30% rule)
Median Home Value
$195,788
↑ 1.5% year-over-year

Down Payment (20%)$39,158
Monthly P&I$1,021/mo
With Taxes & Ins.~$1,297/mo
Income Needed$51,880/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Brazil, IN

The median home value in Brazil, IN is $195,788 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.5% compared to a year ago and up 4.3% from two years prior.

Compared to the U.S. national median of $410,000, homes in Brazil are priced52% below average. Brazil is part of the Terre Haute, IN metro area.

Over the past five years, Brazil home values have risen by approximately37.1%, reflecting strong long-term appreciation in this market.

City Comparison

Brazil vs. National Median

🏠 Brazil
$195,788
National Median
$410,000

At $195,788, homes in Brazil cost 52% below the national median of $410,000. This makes Brazil a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Brazil?

20% Down Payment
$39,158
on $195,788
Monthly P&I
$1,021/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,297/mo
incl. taxes & insurance
Income Needed
$51,880
gross annual (30% rule)
10% Down Option
$19,579
+ PMI applies
Loan Amount (20% dn)
$156,630
at current rates

Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.

FAQ

Frequently Asked Questions

What is the average home price in Brazil, IN?
The median home value in Brazil is $195,788 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.5% year-over-year.
How much have home prices changed in Brazil?
Over the past year, home values in Brazil have increased by 1.5%. Over five years, prices have risen approximately 37.1%.
How much do I need to earn to buy a home in Brazil?
To comfortably afford the median home price of $195,788 with a 20% down payment ($39,158) at today's rates (6.8%), you'd need a gross annual income of approximately $51,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Brazil compare to the national average home price?
The national median home value is approximately $410,000. At $195,788, homes in Brazil are 52% below the national average.
What metro area is Brazil part of?
Brazil is part of the Terre Haute, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.