Median price for residential apartments in Terre Haute, IN as of Jan, 2023.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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499 Terre Haute, IN, USA apartments for sale
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Terre Haute
According to statistics, the population in Terre Haute, IN amounts to 60,691, which shows decline -1% compared to the previous year. The median age of the city’s residents is 33. The average household income is $34,746, shifting growth 4% from the past year, and the average property value in Terre Haute, IN decline 1% to $76,600 throughout the year.
| Population | 60,691 |
| Median Age | 32.6 |
| Poverty Rate | 26% |
| Household Income | $34,746 |
| Number Of Employees | 25,208 |
| Median Property Value | $76,600 |
Household Income
The average household income in Terre Haute, IN grew from $33,378 to $34,746 in the past year. This data is an estimate based upon 22,723 households in Terre Haute, IN . The chart below presents how household income is distributed in Terre Haute, IN in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Terre Haute, IN shifted from $76,000 to $76,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Terre Haute, IN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Terre Haute, IN properties falls in the '$70,000 to $79,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Terre Haute, IN compared to median property taxes around the country. The prevalent amount of property taxes in Terre Haute, IN equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Terre Haute, IN, USA
Average apartment sale in Terre Haute: $129,061 (+3.1%)
| Apartment Size | Jan | vs Last Month |
|---|---|---|
| Studio apartments | $89,143 | +29.4% |
| 1-bed apartments | $62,868 | -3% |
| 2-bed apartments | $74,058 | -1.3% |
| 3-bed apartments | $142,680 | +0.8% |
| 4+ bed apartments | $193,220 | -1.1% |
During Jan 2023, the average price for an apartment in/near Terre Haute, IN increased by 3.1% to $129,061.
Knowing the current property prices is key if you plan to buy a studio in Terre Haute, IN. The average price for a studio has increased since the last month, currently being $89,143. After collecting all data points, we now see that the average price for 1-bed apartment decreased by 3% to $62,868. Asking price for 2-bed apartment also decreased by 1.3% and a place of this size will now cost you $74,058. A 3-bed apartment goes for $142,680, it increased by 0.8% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 1.1% and made it down to $193,220.
| Listing Type | Jan | vs Last Month |
|---|---|---|
| Duplexes for sale | $119,207 | +0.2% |
| Condos for sale | $246,566 | +4% |
| Lofts for sale | $249,900 | +0% |
| Land for sale | $84,650 | +36.7% |
| Houses for sale | $128,141 | +1.5% |
While assessing the property pricing Terre Haute, IN, you can note that it remains flat with a price tag of $89,000. Price reports demonstrate that house price increased by 1.5% this month making it up to $128,141. Condos are really in demand in this season. The median price for a condo increased by 4%, it’s now available for $246,566. You can now purchase a duplex for just $119,207, duplex price increased by 0.2% this month. The price statistics of lofts have not significantly changed, it now still goes for $249,900. The average price of the land for sale in Terre Haute, IN has increased by 36.7%, and now equals $84,650.
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