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Featured local agent — West Terre Haute, IN
Sarah Mitchell
Compass Real Estate · West Terre Haute, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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West Terre Haute, IN Housing Market
The typical home in West Terre Haute, IN is worth $171,428, rose 5.4% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $8,000, -95.0% year over year (through May 2026). With 2.0 months of supply and homes going under contract in about 33 days, West Terre Haute is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $171,428 home is about $915/mo in principal and interest.
Key numbers for West Terre Haute, IN
Typical home value
$171,428
+5.4% in 12 months
Zillow, August 2026
Median sale price
$8,000
-95.0% year over year
Redfin, through April 2026
Days on market
33
Average pace
Redfin, through April 2026
Active listings
2
2.0 months of supply
Redfin, through April 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$49,770
Home costs 3.4x income
U.S. Census ACS, 2023
Sale-to-list ratio
53.3%
Selling below asking
Redfin, through April 2026
Zillow figures are as of August 2026 and 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 West Terre Haute a buyer's or seller's market?
West Terre Haute, IN is a balanced market, based on 2.0 months of supply and homes selling in about 33 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the West Terre Haute housing market data show?
Every row below is Redfin's final published month for West Terre Haute, IN. Redfin, through April 2026
| Metric | Value |
|---|---|
| Median sale price | $8,000 |
| Median list price | $89,900 |
| Year-over-year price change | -95.0% |
| Median days on market | 33 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 53.3% |
| Homes sold (that month) | 1 |
| New listings (that month) | 1 |
| Listings with a price cut | 50.0% |
| Market condition | Balanced 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 West Terre Haute is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in West 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 West Terre Haute home prices moved?
Across the 29 months we hold for West Terre Haute, IN, the median sale price fell 86.6%, from $59,700 in April 2021 to $8,000. The live Zillow value series has rose 5.4% in the last 12 months, which is the more current read now that Redfin's series has stopped. 50.0% of West 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 2.0 months while the sale-to-list ratio slips below its current 53.3%. Watch those two together — they move before the median does.
Redfin, through April 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in West Terre Haute?
Priced off the typical home value of $171,428 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% | $34,286 | $137,142 | $915/mo |
| 5% | $8,571 | $162,856 | $1,087/mo |
Zillow, August 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 $915, that implies roughly $39,222 a year before you add taxes and insurance. The median household in West Terre Haute earns $49,770, about $10,548 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 3.4x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in West Terre Haute in the next 12 months?
Tell us your timeline. We send the West 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 West Terre Haute?
Zillow does not publish a rent index (ZORI) for West 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 West Terre Haute?
Active listings in West Terre Haute, IN went from 5 in September 2023 to 2 in April 2026, a -60.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| November 2023 | 2 | 2 |
| January 2024 | 2 | not published |
| April 2024 | 3 | 3 |
| May 2024 | 2 | 1 |
| October 2024 | 6 | 5 |
| December 2024 | 5 | 2 |
| May 2025 | 4 | 6 |
| June 2025 | 2 | 1 |
| December 2025 | 1 | 1 |
| January 2026 | 3 | 2 |
| March 2026 | 1 | not published |
| April 2026 | 2 | 1 |
Redfin, through April 2026
How does West Terre Haute compare to Indiana and the U.S.?
West Terre Haute homes sell for $8,000 — 97% below the Indiana median of $287,300. Against the national median of $410,700, West Terre Haute runs 98% lower. Year-over-year, West Terre Haute moved -95.0% against Indiana's +4.2% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| West Terre Haute, IN | $8,000 | -95.0% | 33 days |
| Indiana statewide | $287,300 | +4.2% | 26 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through April 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in West Terre Haute
What buyers should watch
- Months of supply, currently 2.0. 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 50.0%. 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 $172 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 $171,428 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 West Terre Haute listing goes under contract in 33 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 53.3% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month West Terre Haute added 1 new listings against 1 sales — more clearing than arriving, which is the better window to list.
- Your equity moved +5.4% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside West Terre Haute varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in West Terre Haute
There are currently 2 homes listed for sale in West Terre Haute, Indiana. The median listing price is $90K.
Active listings
2
Homes on market
Median list price
$90K
Avg. days on market
33
Days until sale
New this week
1
Newly listed
Who lives in West Terre Haute?
American Community Survey estimates for West Terre Haute. U.S. Census ACS, 2023
Population
2,073
Households
723
Median income
$49,770/yr
Median age
37.1 years
Owner-occupied
71.0%
Median home value
$72,300
Median gross rent
$733/mo
Mean commute
19.5 min
71.0% of occupied homes in West 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. The Census self-reported median home value is $72,300 against Zillow's $171,428 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve West Terre Haute?
4 schools tracked · 1,665 students
The largest public schools serving West Terre Haute, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
West Vigo High School
Grades 9-12 · 518 students
Sugar Creek Consolidated Elem Sch
Grades PK-5 · 477 students
West Vigo Middle School
Grades 6-8 · 392 students
Fayette Elementary School
Grades K-5 · 278 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near West Terre Haute, IN?
Ordered by distance from West Terre Haute, not by size. Compare West Terre Haute side by side with any of them.
West Terre Haute housing market FAQ
Is West Terre Haute a buyer's or seller's market?
West Terre Haute, IN is currently a balanced market. That read comes from 2.0 months of supply, homes going under contract in about 33 days, and sellers getting 53.3% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in West Terre Haute?
The typical home in West Terre Haute, IN is worth $171,428 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $8,000.
Is West Terre Haute cheaper than the rest of Indiana?
West Terre Haute's median sale price of $8,000 is 97% lower than the Indiana statewide median of $287,300, and 98% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in West Terre Haute?
Homes in West Terre Haute, IN spent a median of 33 days on market before going under contract, versus 26 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in West Terre Haute?
At the current 30-year fixed rate of 7.03%, 20% down on a $171,428 home is about $915 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $39,222 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $49,770.
Are home prices rising in West Terre Haute?
The typical home value in West Terre Haute, IN rose 5.4% over the last 12 months, from $162,646 to $171,428 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in West Terre Haute?
West 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 West Terre Haute?
That depends on your timeline, not on a headline. What the data says today: West Terre Haute, IN is a balanced market with 2.0 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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One email: what homes are actually clearing at around $171,428, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.