Is Terre Haute, IN 47807 a buyer’s or seller’s market?

The Terre Haute housing market right now

In the three months ending August 31, 2026, 14% of homes in Terre Haute, IN 47807 sold above their list price, the typical home went under contract in 35 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 22 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 22%, homes sold more slowly (28 days then) and the median sale price rose 271% to $129,944. 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 any other ZIP code in the county, and sell less often over asking than in 67%. On our competition score, Terre Haute ranks #287 of 306 IN ZIP codes with enough sales (score 27 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.