The housing market in 47805 Terre Haute, IN has been booming over the past year. The median value of a house in this area is $161,200, which is significantly lower than the median value of US homes at $338,100. Despite the lower median value, there has been a 14.15% appreciation rate in this area versus an 8.27% appreciation rate nationally. With such a high appreciation rate and a lower median value than the national average, it鈥檚 no surprise that there is more activity in the housing market in 47805 Terre Haute, IN than ever before.
The median home cost in Terre Haute (zip 47805) is $161,200. Home appreciation the last 10 years has been 66.3%. Home Appreciation in Terre Haute (zip 47805) is up 15.4%.
Average Age of Homes
- The median age of Terre Haute (zip 47805) real estate is 45 years old
The Rental Market in Terre Haute (zip 47805)
- Renters make up 21.8% of the Terre Haute (zip 47805) population
- 0.0% of houses and apartments in Terre Haute (zip 47805), 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.