Real Estate Market Update for 47802 (Terre Haute, IN)
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was down 80% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was just over 110-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 83%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 70-thousand dollars. The number of units sold decreased 50% year-over-year, and increased 100% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 47802 (Terre Haute, IN)
Area Information for 47802 (Terre Haute, IN)
  • Population: 35,077
  • Median Age: 36.25 yr
  • Median Commute Time: 16.48 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 217/sq mi
  • Population Change Since 2000: 11.89%
  • Closest Airport: Indianapolis International
  • Closest College: Harrison College
  • Closest Jr. College: Ivy Tech Community College-wabash Valley
  • Median Household Income: $44,400
  • Annual Residential Turnover: 19.37%
  • Median Years in Residence: 3.63 yr
  • Median Home Sales Price: $106,085
  • Closest Major Sports Team: Colts
  • Change Avg. Household Income Since 2000: 23%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 47802 (Terre Haute, IN)
Median Age: 36.25 Married: 31% Number of Households: 13,350 Households with Children: 4,360
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 47802 (Terre Haute, IN)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Dixie Bee Elementary School 1.2 mi Public PRESCHOOL-5 4-5 4
      Honey Creek Middle School 2.0 mi Public 6-8 3 5
      Holy Cross School 2.3 mi Private 3-12 0 0
      Hoosier Prairie Elementary School 3.1 mi Public K-5 2-5 4
      Terre Haute Montessori School 4.0 mi Private PRESCHOOL-K 0 0
      Terre Haute South Vigo High School 4.3 mi Public 9-12 3-5 4
      Booker T Washington Alternative School 4.3 mi Public 9-12 0 0
      Blanche E Fuqua Elementary School 5.3 mi Public PRESCHOOL-5 1 4
      Bible Baptist Academy 5.4 mi Private PRESCHOOL-12 0 0
      Sarah Scott Middle School 5.8 mi Public 6-8 1 4
      Sugar Grove Elementary School 6.1 mi Public K-5 3-5 4
      Farrington Grove Elementary School 6.1 mi Public K-5 3-5 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for 47802 (Terre Haute, IN)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.