Why Live in Terre Haute
Terre Haute combines natural beauty with cultural attractions, featuring nationally recognized Griffin Bike Park and the scenic Wabashiki Fish and Wildlife Area along the Wabash River. Residents enjoy outdoor recreation at multiple parks including Collett Park, Hawthorn Park for hiking and fishing, and Deming Park with its disc golf course and seasonal train rides. The city's cultural scene includes the free admission Swope Art Museum, three-story Terre Haute Children's Museum, and historically significant Eugene V. Debs Museum. Local dining highlights range from upscale establishments like Stables Steakhouse and J Ford Black Angus to casual spots such as Bar Bosco and Umi Grill.
The housing market in Terre Haute presents diverse options across distinct neighborhoods. The median single family home price is $159,900, while townhomes command a median price of $197,500. One bedroom condos have a median price of $111,300, and two bedroom condos typically sell for a median price of $116,000. Premium neighborhoods like Idle Creek Golf Community showcase single family homes with a median price of $559,000, while Ohio Boulevard homes have a median price of $180,000. More affordable options exist in Twelve Points with a median single family home price of $69,500.
The cost of living in Terre Haute sits 9.1% above the national average. A family with school age children should aim for a $120,000 annual salary, while renters need approximately $61,000 to live comfortably. Property taxes stand at 0.89%, lower than many comparable areas. The city benefits from strong educational institutions including Indiana State University and Rose-Hulman Institute of Technology. North Clay Middle School, serving the Woodridge Park neighborhood, maintains a B+ rating. Major employers include Indiana State University and multiple healthcare facilities.
Home Trends in Terre Haute, IN
On average, homes in Terre Haute, IN sell after 39 days on the market compared to the national average of 70 days. The median sale price for homes in Terre Haute, IN over the last 12 months is $179,900, down 8% from the median home sale price over the previous 12 months.
Median Sale Price
$179,900
Median Single Family Sale Price
$239,370
Median Townhouse Sale Price
$87,500
Median 2 Bedroom Sale Price
$116,000
Average Price Per Sq Ft
$141
Number of Homes for Sale
11
Last 12 months Home Sales
158
Median List Price
$234,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-8%