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Terre Town

Terre Town

$149,719 Average Value
$382 Average Price per Sq Ft
2 Homes For Sale

Terre Town is growing to meet Terre Haute’s housing needs

Terre Town is an established neighborhood that’s getting new life thanks to a push for more housing in Terre Haute. While much of the neighborhood dates back to the 1950s, new builds are cropping up north of Haythorne Avenue. “Terre Town was sitting there forever and was old farm ground that wasn’t being used,” says Carrie Smith, a Realtor with Gibson Real Estate and Terre Haute resident. The renewed interest in the area, paired with the construction of two new subdivisions, “is really lifting the neighborhood up, and people are taking pride in their properties.”

Midcentury bungalows and new traditional builds in Southard Acres subdivisions

Most of the neighborhood is populated with midcentury cottages, bungalows, ranch-style homes and the occasional farmhouse on large lots. Some feature attached garages, but detached garages and driveways are typical. Smaller two-bedroom homes can cost between $90,000 and $130,000, while larger homes with updates can range from $130,000 to $230,000.Development in the area stalled for decades until 2024. “The city got a grant and there’s been a big push from Thrive West Central, which pushed homebuilders to build,” Smith says. “A lot of builders took action and got grants to help with infrastructure. Southard Acres West is developing right now, and every time I list a house there it flies off the market as soon as it gets on.” Southard Acres West was halfway complete in March 2025, while construction of Southard Acres East began in the spring of 2025. The new traditional homes have Craftsman-inspired elements, attached garages and span up to 1,400 square feet. Prices start at $220,000 and can cost up to $250,000.

Terra Town has rows of Ranch and Bungalow style homes with mature trees in the backyard.
Terra Town has rows of Ranch and Bungalow style homes with mature trees in the backyard.
New Traditional homes in Southard Acres West are currently under construction in Terra Town.
New Traditional homes in Southard Acres West are currently under construction in Terra Town.
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Career and technical education programs at Vigo County School Corporation

The neighborhood gets its name from Terre Town Elementary School, which gets a C-plus grade from Niche. Otter Creek Middle School receives a C, while Terre Haute North Vigo High School gets a B. Vigo County School Corporation offers 34 career pathways. Juniors and seniors can earn college credit and industry certifications in fields like digital design, culinary arts and construction trades.

Terre Town Elementary School gets a C-plus grade from Niche.
Terre Town Elementary School gets a C-plus grade from Niche.
Otter Creek Public Middle School receives a C from Niche.
Otter Creek Public Middle School receives a C from Niche.
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Nostalgia at Moonlite Drive-In Theater and Wigwam Skate and Event Center

The sports fields on Boston Avenue host youth football and baseball leagues, while the Moonlite Drive-In Theater, a local tradition, screens both new releases and classic films. Wigwam Skate and Event Center is a nostalgic roller rink that has been a favorite for over 50 years, hosting events for both kids and adults. Markle Mill Park, revitalized after the mill dam's removal in 2023, now attracts visitors for kayaking, fishing and wildlife watching, with improved water flow supporting 152 miles of stream and better fish migration. Nearby, The Landing at Fort Harrison Golf Course, set on the historic site of a War of 1812 battle, offers an 18-hole course for golf enthusiasts.

Moonlite Drive-In Movie Theater shows movies every weekend in Terre Town.
Moonlite Drive-In Movie Theater shows movies every weekend in Terre Town.
Wigwam Skate & Event Center in Terre Town where Kids Skate is free for all kids.
Wigwam Skate & Event Center in Terre Town where Kids Skate is free for all kids.
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Shopping and dining along Lafayette Avenue

A quick trip down Lafayette Avenue leads to Kroger and the Plaza North shopping center, which has a Save A Lot grocery store, Big Lots and Harbor Freight hardware store. Lafayette Avenue is lined with chain restaurants, but there are a few local establishments nearby. Mornings may start at Bear’s Coffee and Roasting Co., a local coffee shop with rotating specialty drinks and “Bear Bombs,” the shop’s signature craft carbonated energy drinks. Thrifters can pluck treasures from Amy’s Corner Mall, a no-frills flea market with new items almost daily. North Terre Haute has restaurants like Park Avenue Diner, which is known for its giant Indiana tenderloins, and Sunrise and Dine, a homey spot serving up classic American fare.

Save alot is the go to shopping center in the Terre Town area.
Save alot is the go to shopping center in the Terre Town area.
Terre Town is just steps to a large shopping area with restaurants on Lafayette Avenue.
Terre Town is just steps to a large shopping area with restaurants on Lafayette Avenue.
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Terre Haute Transit is fare-free in 2025

Terre Town is close to U.S. Route 41, known in town as Third Street. The busy road connects to Interstate 70, one of Indiana’s main highways. Terre Haute Transit bus stops are scattered throughout the area, and the service became fare-free in 2025. The neighborhood’s established streets lack sidewalks, but minimal traffic means residents can still walk and jog through the neighborhood with ease. The community’s new subdivisions will feature sidewalks. Buyers should note that several active rail lines through the area can cause traffic delays.

Leslie Klosterman
Written By
Leslie Klosterman
Pasha Chichagov
Video By
Pasha Chichagov

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Barbara Bade, an experienced agent in this neighborhood.

Terre Town Demographics and Home Trends

Housing Trends

Median List Price
$535,000
Median Sale Price
$430,250
Median Single Family Sale Price
$660,000
Median Townhouse Sale Price
$616,000
Median 2 Bedroom Sale Price
$445,500
Median Change From 1st List Price
12%
Last 12 months Home Sales
8
Median Home Sale Price YoY Change
46%
Average Price Per Sq Ft
$382

Neighborhood Facts

Number of Homes in Neighborhood
552
Number of Homes for Sale
2
Median Year Built
1956
Months of Supply
3.00
Average Single Family Home Size Sq Ft
1,339
Significantly below the national average
1,924
Median Lot Size Sq Ft
11,325

Distribution of Home Values

Source: Public Records

Homes for Sale

Interested in learning more about homes in this area? Reach out to Barbara Bade, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
1,353
Median Age
39
Population under 18
23.9%
On par with the national average
23.8%
Population over 65
20%
On par with the national average
19.1%

Finances

Median Household Income
$48,729
Significantly below the national average
$71,702
Average Household Income
$54,361

Education and Workforce

High School Graduates
88.7%
College Graduates
6.3%
Significantly below the national average
34.1%
Advanced Degrees
0.4%
% Population in Labor Force
51.5%
Below the national average
65.1%

Area Factors

Somewhat Bikeable

Bike Score®

37 / 100

Car-Dependent

Walk Score®

39 / 100

Minimal Transit

Transit Score®

17 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Terre Town