Is Terre Haute, IN 47805 a buyer’s or seller’s market?

The Terre Haute housing market right now

In the three months ending August 31, 2026, 16% of homes in Terre Haute, IN 47805 sold above their list price, the typical home went under contract in 24 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 52 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold more slowly (6 days then) and the median sale price rose 32% to $224,903. Overall, Terre Haute is less competitive than a year ago, which gives buyers more room.

Within Vigo County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Terre Haute ranks #137 of 306 IN ZIP codes with enough sales (score 54 out of 100).

Nearby, buyers who want less competition could look at West Terre Haute 47885 (0% sold over asking) or Pimento 47866 (0% sold over asking), while Terre Haute 47803 (28% sold over asking) and Terre Haute 47802 (19% sold over asking) are even more competitive.