Terre Haute, IN

Population: 61,025
Average annual home appreciation rate: -0.77%
Total of homes for sale in this market: 1,246
Median home price: $78,266
Median Rent: $678 per room
Home price range: 47.25% of homes are between $51,001 – $102,000
Median sales price: $89,900
Number of homes: 361
Median foreclosure sales price: STILL GATHERING DATA
Foreclosure discount: STILL GATHERING DATA
Most common home type: 70.19% of homes are single family detached
Number of vacant homes: 15.48%
Number of renters: 52.18%
Number of owner occupied: 52.18%
Number people living below poverty level: 25.84%
Unemployment rate: 6.9%
Is this area perfect for real estate deals going on right now? The market is in a downturn in Terre Haute at this time. More renters means more need for rental properties… Price of homes are down, rent is up… Could be a great rental property town at this point…waiting until the market makes its return.

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