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Featured local agent — North Terre Haute, IN
Sarah Mitchell
Compass Real Estate · North Terre Haute, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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North Terre Haute, IN Housing Market
The last median sale price Redfin published was $202,450 (through May 2026). With 1.8 months of supply and homes going under contract in about 19 days, North Terre Haute is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $202,450 home is about $1,081/mo in principal and interest.
Key numbers for North Terre Haute, IN
Median sale price
$202,450
Last published period
Redfin, through May 2026
Days on market
19
Fast-moving
Redfin, through May 2026
Active listings
7
1.8 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$54,246
Home costs 3.7x income
U.S. Census ACS, 2023
Sale-to-list ratio
99.7%
Selling below asking
Redfin, through May 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is North Terre Haute a buyer's or seller's market?
North Terre Haute, IN is a seller's market, based on 1.8 months of supply and homes selling in about 19 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the North Terre Haute housing market data show?
Every row below is Redfin's final published month for North Terre Haute, IN. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $202,450 |
| Median list price | $204,900 |
| Median price per sq ft | $137/sq ft |
| Median days on market | 19 days |
| Active inventory | 7 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 99.7% |
| Homes sold (that month) | 4 |
| New listings (that month) | 4 |
| Listings with a price cut | 28.6% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for North Terre Haute is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in North Terre Haute is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have North Terre Haute home prices moved?
Over the last three years the median sale price in North Terre Haute, IN rose 44.7%, from $139,900 to $202,450. 28.6% of North Terre Haute listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 1.8 months while the sale-to-list ratio slips below its current 99.7%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in North Terre Haute?
Priced off the median sale price of $202,450 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $40,490 | $161,960 | $1,081/mo |
| 5% | $10,123 | $192,328 | $1,283/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,081, that implies roughly $46,320 a year before you add taxes and insurance. The median household in North Terre Haute earns $54,246, about $7,926 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.7x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in North Terre Haute in the next 12 months?
Tell us your timeline. We send the North Terre Haute market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in North Terre Haute?
Zillow does not publish a rent index (ZORI) for North Terre Haute, IN, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in North Terre Haute?
Active listings in North Terre Haute, IN went from 2 in November 2024 to 7 in May 2026, a +250.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| January 2025 | 8 | 4 |
| March 2025 | 5 | 2 |
| July 2025 | 9 | 7 |
| August 2025 | 8 | 3 |
| October 2025 | 9 | 8 |
| November 2025 | 13 | 5 |
| December 2025 | 13 | 1 |
| January 2026 | 11 | 1 |
| February 2026 | 11 | 3 |
| March 2026 | 13 | 4 |
| April 2026 | 10 | 5 |
| May 2026 | 7 | 4 |
Redfin, through May 2026
How does North Terre Haute compare to Indiana and the U.S.?
North Terre Haute homes sell for $202,450 — 30% below the Indiana median of $287,300. Against the national median of $410,700, North Terre Haute runs 51% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| North Terre Haute, IN | $202,450 | not published | 19 days |
| Indiana statewide | $287,300 | +4.2% | 26 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in North Terre Haute
What buyers should watch
- Months of supply, currently 1.8. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 28.6%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $203 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $202,450 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median North Terre Haute listing goes under contract in 19 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 99.7% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month North Terre Haute added 4 new listings against 4 sales — more clearing than arriving, which is the better window to list.
- Comparable ZIP-level pricing inside North Terre Haute varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in North Terre Haute
There are currently 7 homes listed for sale in North Terre Haute, Indiana. The median listing price is $205K.
Active listings
7
Homes on market
Median list price
$205K
Avg. days on market
19
Days until sale
New this week
4
Newly listed
How much do homes cost in North Terre Haute by property type?
How the North Terre Haute, IN market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $202,450 | $137/sq ft | 4 | 19 days |
Who lives in North Terre Haute?
American Community Survey estimates for North Terre Haute. U.S. Census ACS, 2023
Population
4,396
Households
2,145
Median income
$54,246/yr
Median age
52.1 years
Owner-occupied
74.3%
Median home value
$136,300
Median gross rent
$666/mo
Mean commute
23.9 min
74.3% of occupied homes in North Terre Haute are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near North Terre Haute, IN?
Ordered by distance from North Terre Haute, not by size. Compare North Terre Haute side by side with any of them.
North Terre Haute housing market FAQ
Is North Terre Haute a buyer's or seller's market?
North Terre Haute, IN is currently a seller's market. That read comes from 1.8 months of supply, homes going under contract in about 19 days, and sellers getting 99.7% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in North Terre Haute?
The median sale price in the last month Redfin published was $202,450, about $137 per square foot.
Is North Terre Haute cheaper than the rest of Indiana?
North Terre Haute's median sale price of $202,450 is 30% lower than the Indiana statewide median of $287,300, and 51% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in North Terre Haute?
Homes in North Terre Haute, IN spent a median of 19 days on market before going under contract, versus 26 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in North Terre Haute?
At the current 30-year fixed rate of 7.03%, 20% down on a $202,450 home is about $1,081 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $46,320 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $54,246.
Are home prices rising in North Terre Haute?
We do not hold a complete 12-month value series for North Terre Haute, IN yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in North Terre Haute?
North Terre Haute ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in North Terre Haute?
That depends on your timeline, not on a headline. What the data says today: North Terre Haute, IN is a seller's market with 1.8 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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