Terre Haute, IN metro area Housing Market

Cool Market

Comprehensive housing market data for the Terre Haute, IN metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$175K

10.6% YoY

Days on Market

43 days

13.2% YoY

Active Inventory

385

15.6% YoY

Homes Sold

132

164.0% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Terre Haute, IN metro area Market Summary

The Terre Haute, IN metro area housing market is cooling down. As of March 2026, the median home sale price is $175K, up 10.6% year-over-year. Homes are spending a median of 43 days on the market, 13.2% longer than a year ago.

There are 385 homes for sale — 15.6% more than last year. With 2.9 months of supply, this is a seller's market. 205 new listings were added during this period, down 10.9% year-over-year.

Homes are selling for 96.7% of their list price on average, suggesting room for negotiation. 15.2% of homes sell above their asking price. 27.5% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

75

Contributing Factors

Months of Supply 2.9
Days on Market 43
Price Drops 27.5%
Sale-to-List Ratio 96.7%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $437K) 59.9%
Days on Market (National: 55) 21.8%
Inventory (National: 1,314,690) 100.0%

vs. Indiana Median

Median Price (Indiana: $273K) 36.0%
Days on Market (Indiana: 49) 12.2%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 60% below the national median, which could indicate stronger cash flow potential.

Terre Haute, IN metro area Market Trends

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Detailed Market Metrics

Median List Price

$185K

Price per Sq Ft

$119

Sale-to-List Ratio

96.7%

Months of Supply

2.9

Sold Above List

15.2%

Price Drops

27.5%

New Listings

205

10.9% YoY

Pending Sales

183

Off Market in 2 Weeks

42.1%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.