Real Estate Market Update for Terre Haute, IN
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 85% from one year earlier, and down 25% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 70-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 100%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The number of units sold decreased 100% year-over-year, and decreased 100% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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 Terre Haute, IN
Area Information for Terre Haute, IN
  • Population: 61,039
  • Median Age: 32.08 yr
  • Median Commute Time: 13.5 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 1,767/sq mi
  • Population Change Since 2000: 1.96%
  • Closest Airport: Indianapolis International
  • Closest College: Indiana State University
  • Closest Jr. College: Ivy Tech Community College-wabash Valley
  • Median Household Income: $32,358
  • Annual Residential Turnover: 20.8%
  • Median Years in Residence: 3.36 yr
  • Median Home Sales Price: $74,610
  • Closest Major Sports Team: Colts
  • Change Avg. Household Income Since 2000: 13%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Terre Haute, IN
Median Age: 32.08 Married: 24% Number of Households: 23,590 Households with Children: 6,978
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 Terre Haute, IN

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      The Learning Tree 0.1 mi Private PRESCHOOL-K 0 0
      Adelaide De Vaney Elem School 0.7 mi Public K-5 2-5 4
      Terre Haute Sda School 0.9 mi Private 1-10 0 0
      Sugar Grove Elementary School 1.0 mi Public K-5 3 4
      Woodrow Wilson Middle School 1.4 mi Public 6-8 2-5 0
      Meadows Elementary School 1.5 mi Public PRESCHOOL-5 1 5
      Bible Baptist Academy 1.6 mi Private PRESCHOOL-12 0 0
      Saint Patrick School 1.7 mi Catholic PRESCHOOL-8 0 0
      Davis Park Elementary School 1.8 mi Public K-5 1 4
      Covered Bridge Spec Ed Dist 2.2 mi Public K-12 0 4
      Benjamin Franklin Elem School 2.3 mi Public K-5 1 0
      Sarah Scott Middle School 2.4 mi Public 6-8 1 4
      Blanche E Fuqua Elem School 2.4 mi Public PRESCHOOL-5 1 4
      Grace Baptist Academy 2.5 mi Private 3-12 0 0
      Farrington Grove Elem School 2.7 mi Public PRESCHOOL-5 2 4
      Deming Elementary School 2.9 mi Public PRESCHOOL-5 2-5 3
      United Child Care Center 2.9 mi Private PRESCHOOL-K 0 0
      Terre Haute North Vigo High School 2.9 mi Public 9-12 2-5 3
      Booker T Washington High School 3.2 mi Public 9-12 0 0
      Terre Haute Montessori School 3.3 mi Private PRESCHOOL-K 0 0
      Terre Haute South Vigo High Sch 3.3 mi Public 9-12 3 4
      Lost Creek Elementary School 3.3 mi Public PRESCHOOL-5 3-5 3
      Community Christian School 3.3 mi Private PRESCHOOL-5 0 5
      Mclean Education Center (alt) 3.4 mi Public 7-12 0 2
      John Paul Ii Catholic High School 3.6 mi Catholic 9-12 0 5
      Union Hospital Child's Dvlpmnt Ctr 3.7 mi Private PRESCHOOL-5 0 0
      Ouabache Elementary School 4.0 mi Public K-5 1 5
      Cross T Preparatory & Heaven's Express 4.3 mi Private PRESCHOOL-K 0 0
      Terre Town Elementary School 4.6 mi Public PRESCHOOL-5 2 3
      Holy Cross School 4.6 mi Private 3-12 0 0
      Honey Creek Middle School 4.9 mi Public 6-8 3-5 5
      Otter Creek Middle School 5.1 mi Public 6-8 2-5 3
      Dixie Bee Elementary School 5.7 mi Public PRESCHOOL-5 3-5 4
      Rio Grande Elementary School 8.0 mi Public PRESCHOOL-5 3-5 0
      Hoosier Prairie Elem School 9.0 mi Public K-5 2-5 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 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.