Market Overview
Home Prices in Terre Haute, IN
The median home value in Terre Haute, IN is $163,505 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.6% 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 Terre Haute are priced60% below average. Terre Haute is part of the Terre Haute, IN metro area.
Over the past five years, Terre Haute home values have risen by approximately31.2%, reflecting strong long-term appreciation in this market.
Price History
Terre Haute Home Price Trend
City Comparison
Terre Haute vs. National Median
At $163,505, homes in Terre Haute cost 60% below the national median of $410,000. This makes Terre Haute a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Terre Haute?
20% Down Payment
$32,701
on $163,505
Monthly P&I
$853/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,083/mo
incl. taxes & insurance
Income Needed
$43,320
gross annual (30% rule)
10% Down Option
$16,351
+ PMI applies
Loan Amount (20% dn)
$130,804
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 Terre Haute, IN?
The median home value in Terre Haute is $163,505 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.6% year-over-year.
How much have home prices changed in Terre Haute?
Over the past year, home values in Terre Haute have increased by 0.6%. Over five years, prices have risen approximately 31.2%.
How much do I need to earn to buy a home in Terre Haute?
To comfortably afford the median home price of $163,505 with a 20% down payment ($32,701) at today's rates (6.8%), you'd need a gross annual income of approximately $43,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Terre Haute compare to the national average home price?
The national median home value is approximately $410,000. At $163,505, homes in Terre Haute are 60% below the national average.
What metro area is Terre Haute part of?
Terre Haute is part of the Terre Haute, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.