Terre Haute housing market speeds up to 42 days on market

"The Terre Haute,IN metro housing market is moving at a notably quicker pace than the rest of Indiana, with homes selling in a median of 42 days compared to 56 days statewide as of Nov. 1, 2025. This faster sales velocity comes even as the metro's median list price climbed 11.5% year over year to $170,000. The acceleration in sales speed represents a significant improvement from a year ago, when homes in Terre Haute took a median of 56 days to sell."

"Active inventory in the Terre Haute metro stood at 300 single-family homes during the week ending Nov. 1, up from 288 homes a year earlier. The market absorbed 33 homes during the week, nearly matching the 35 new listings that came to market. This balance between supply and demand has kept months of supply at 2.2, below both the state level of 2.4 months and the national level of 2.9 months. The tight inventory conditions have maintained seller-favorable market dynamics in Terre Haute."

"However, sellers are showing flexibility on pricing, with 38.3% of active listings taking price cuts during the week. Only 0.7% of listings increased their asking prices, while 6.3% of properties were relisted after previously being removed from the market. At $170,000, Terre Haute's median list price remains well below the Indiana median of $299,999 and the national median of $435,000."

Terre Haute homes sold in a median of 42 days as of Nov. 1, 2025, faster than Indiana's 56-day median and the national 77-day median. The metro's median list price rose 11.5% year over year to $170,000. Active inventory totaled 300 single-family homes, with 33 homes absorbed and 35 new listings in the week, leaving months of supply at 2.2. Sellers reduced prices on 38.3% of active listings while only 0.7% increased asking prices and 6.3% were relisted. Price per square foot of $111.9 offers relative affordability versus state and national levels.

Read at www.housingwire.com