Sep 2026
$188K
-0.8% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Terre Haute, IN housing market
Terre Haute, IN metro median sale price $188K in Sep 2026, down 0.8% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Terre Haute, IN metro is $188K as of Sep 2026, down 0.8% from a year earlier. The decline is steeper than in most of the 383 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro points the other way: up 7.7% through Q2 2026.
Terre Haute ties Muncie for the lowest median sale price of the 12 Indiana metros Pecan Street tracks ($188K). On median days on market, Terre Haute (44 days) ranks 9th of the 12 Indiana metros, between South Bend (46 days) and Elkhart (43 days). On share of listings with a price cut, Terre Haute (39%) ranks 11th of the 12 Indiana metros, between Michigan City (43%) and Bloomington (39%).
Listings spent a median 44 days on market in Sep 2026, fewer than in most of the 385 metros. 39% of active listings carry a price cut, 4.5 points fewer than a year earlier. That share is higher than in most of the 385 metros. Median asking prices sit about 1% above the median sale price.
At the 7.29% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,028 a month; at 28% of gross income, that takes about $44K a year. The median sale price equals about 11 years of HUD Fair Market Rent, a ratio down 6.2% from a year earlier. That ratio is the 14th-lowest of the 373 metros. Active listings ask a median $115 per square foot, down 1.1% from a year earlier.
In four of the seven ZIP codes in the table below, median list prices are lower than a year earlier; three are higher.
Headline
Oct 15, 2026
7.29%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,028/mo
$44K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Terre Haute compares to other U.S. metros
| Price-to-rent | ↓360th of 373 |
|---|---|
| Days on market | ↓331st of 385 |
| Home-price growth | ↓319th of 383 |
| Asking-vs-sale gap | ↓229th of 292 |
| Price cuts | ↑147th of 385 (top 39%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 11 -6.2% YoY ↓360th of 373 |
|---|---|
| Asking price / sq ft | $115 -1.1% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 39% -4.5 pts YoY ↑147th of 385 (top 39%) |
|---|
The median asking price $190K runs about 1% above the median sale price $188K.
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. Asking is the median list price of active listings (Realtor.com, this month); sale is the headline median of recent closings (Redfin, a rolling 3-month median) — distinct sources and windows, so the gap is a directional read, not a like-for-like difference. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 7 shown of 33 |
|---|---|
| MLS board of record | — |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
red · 8.5ppRedfin (metro) -0.8% | FHFA HPI · Q2 2026 +7.7% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
More markets in IN
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Try it freeZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 47802 | $250K↓ | 86↑ | 40↑ | 40↓ | 38↑ | $194K↑ |
| 47803 | $240K↓ | 76↑ | 32↑ | 32↓ | 45↑ | $179K↑ |
| 47804 | $116K↑ | 42↑ | 18 | 12↑ | 40↑ | $103K↑ |
| 47805 | $255K↓ | 31↑ | 14↑ | 20↑ | 46↓ | $198K↑ |
| 47807 | $87K↑ | 32↑ | 10↑ | 8↓ | 42↓ | $70K↓ |
| 47834 | $267K↑ | 37↓ | 28↑ | 16↑ | 51↓ | $190K↑ |
| 47842 | $166K↓ | 28↓ | 14↓ | 8↓ | 48↓ | $129K↓ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.