The housing market in 47804 Terre Haute, IN is growing rapidly. The median value of homes in this area is $81,300, which is much lower than the US median housing value of $338,100. This difference in prices makes it an attractive option for potential buyers and investors alike. Additionally, the 1 year house appreciation rate in 47804 Terre Haute, IN is 14.15%, which is considerably higher than the US average of 8.27%. This indicates that people are investing heavily in the local housing market and that prices are likely to increase at a faster rate than the national average.
The median home cost in Terre Haute (zip 47804) is $81,300. Home appreciation the last 10 years has been 66.3%. Home Appreciation in Terre Haute (zip 47804) is up 15.4%.
Average Age of Homes
- The median age of Terre Haute (zip 47804) real estate is 74 years old
The Rental Market in Terre Haute (zip 47804)
- Renters make up 33.5% of the Terre Haute (zip 47804) population
- 1.3% of houses and apartments in Terre Haute (zip 47804), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.