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Recently Sold Price History in Terre Haute
Terre Haute, Indiana, is a city that offers affordable real estate options for both homebuyers and investors. The sold prices of properties in Terre Haute have remained relatively stable over the past few years, making it an attractive market for those looking to purchase a home or invest in rental properties. The average sold price for a single-family home in Terre Haute is around $120,000, with a wide range of options available in various neighborhoods throughout the city.
While the sold prices in Terre Haute may not be as high as in some larger cities, the city’s real estate market offers great value for money. Buyers can find a range of properties, from charming historic homes to modern new constructions, at affordable prices. Additionally, Terre Haute’s rental market is strong, making it an appealing option for investors looking to generate rental income. Overall, Terre Haute’s real estate market provides an excellent opportunity for both buyers and investors to find affordable properties in a thriving Midwestern city.
About Terre Haute, Indiana
Terre Haute is a city located in Vigo County, Indiana, United States. With a population of approximately 60,000 residents, it is the largest city in the Wabash Valley region. Situated along the eastern bank of the Wabash River, Terre Haute is known for its rich history and diverse culture.
Terre Haute serves as the county seat of Vigo County and is often referred to as the “Crossroads of America” due to its strategic location at the intersection of several major highways, including Interstate 70 and U.S. Routes 40 and 41. This makes it easily accessible and a convenient hub for transportation and commerce.
The city is home to several higher education institutions, including Indiana State University and Rose-Hulman Institute of Technology, which contribute to its vibrant academic atmosphere. Terre Haute also boasts a thriving arts and entertainment scene, with numerous theaters, galleries, and music venues that offer a variety of cultural experiences.
Terre Haute’s natural beauty is evident in its many parks and outdoor recreational areas. The city is surrounded by picturesque landscapes, including the nearby Wabashiki Fish and Wildlife Area, which provides opportunities for hiking, fishing, and bird-watching. Additionally, the city hosts various annual events and festivals that celebrate its heritage and bring the community together.
Terre Haute average home prices
The average home price in Terre Haute, Indiana has been steadily increasing over the past few years. According to recent data, the average price of a house in Terre Haute is around $130,000. This figure represents a significant rise compared to previous years, indicating a positive trend in the local real estate market. Additionally, the average days on the market for homes in Terre Haute is approximately 60 days, suggesting a relatively quick turnover for properties in the area.
With an average home price of $130,000, Terre Haute offers affordable housing options for both first-time buyers and those looking to upgrade. The city’s real estate market has seen a surge in demand, leading to a rise in property values. The average days on the market statistic of 60 days indicates that houses in Terre Haute are selling relatively quickly, reflecting the desirability of the area. Whether you’re a prospective homeowner or an investor, Terre Haute presents an attractive opportunity with its affordable yet appreciating housing market.
