The housing market in 47807 Terre Haute, IN is booming. The median value of houses in the area is $57,100, which is significantly lower than the US median house value of $338,100. This price difference presents an attractive opportunity for potential buyers of all income levels. In addition, the appreciation rate of houses in 47807 Terre Haute, IN for the last year has been 14.15%, which is much higher than the US average one-year appreciation rate of 8.27%. These consistent increases in housing prices indicate that now is a great time to invest in real estate within this area.
The median home cost in Terre Haute (zip 47807) is $57,100. Home appreciation the last 10 years has been 66.3%. Home Appreciation in Terre Haute (zip 47807) is up 15.4%.
Average Age of Homes
- The median age of Terre Haute (zip 47807) real estate is 78 years old
The Rental Market in Terre Haute (zip 47807)
- Renters make up 55.8% of the Terre Haute (zip 47807) population
- 5.6% of houses and apartments in Terre Haute (zip 47807), 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.