Terre Haute, IN
Terre Haute merits investigation by income-focused buyers who can underwrite modest economic momentum and flood exposure.
Why this market scores where it does
Written from the figures on this page and then checked against them: every number below had to appear in the source record or recompute from two that did, or the text was rewritten.
Terre Haute merits investigation by income-focused buyers who can underwrite modest economic momentum and flood exposure. Buyers requiring strong employment growth, clear migration-driven demand, or minimal water risk should avoid it.
The opportunity is the pairing of the entry price and improving rent: a $171,101 median home value and $989 monthly asking rent correspond to a published gross yield of 6.93%. Asking rent rose 4.96% while CES jobs rose only 0.54%, so the rent signal is stronger than the labor signal.
Risk signals are mixed. Listings show 1.9 months of supply, yet the price-drop share was 34.33%, combining limited inventory with asking-price reductions. Net migration was only 25 households, incoming movers' average income was $3,043 below outgoing movers', and inland flood is the dominant hazard; the published annual climate loss ratio is 0.1384%.
Frequently Asked Investor Questions
What are the current purchase and rent economics?
Do demand indicators confirm the rent increase?
What climate risk is identified?
Investor Quick Takeaways
Computed from the current Zillow rent and home-value medians.
Zillow ZORI rent growth trend over trailing 12 months.
Originated investment purchase share (CFPB HMDA).
Annualized loss ratio evaluated for flood & hurricane risk.
Test the market, then test the deal
Keep Terre Haute as the starting point or move into a more specific property and rent check.
The current market in eight signals
Fast-moving Redfin conditions sit beside the slower fundamentals so a buyer can separate today's negotiating climate from the long-run investment case.
What each component measures
Weights are published, not hidden, and the arithmetic is shown. Five components, each measured as a national percentile across all tracked metros.
| Signal | Score | Weight | Points |
|---|---|---|---|
| Job growth | 68 | 30% | 20.40 |
| Rent trend | 72 | 25% | 18.00 |
| Affordability | 76 | 15% | 11.40 |
| Supply pressure | 77 | 15% | 11.55 |
| Climate risk | 53 | 15% | 7.95 |
| Published score | 69 | ||
CES jobs grew 0.54% year over year -> employment is positive but provides modest support for housing demand.
Asking rent grew 4.96% and published gross yield is 6.93% -> the rental figures support income-focused screening, although persistence is not established.
Median asking rent is 20.96% of median household income and home value is 3.02 times income -> affordability is a relative strength within the supplied record.
A 1.9-month supply and 27 median days on market sit alongside a 34.33% price-drop share -> buyers face limited listings but may encounter reduced asking prices.
The annual climate loss ratio is 0.1384%, with inland flood the dominant hazard -> the metro figure does not resolve property-level flood exposure.
What this market costs and what it earns
Every derived ratio below recomputes from the same source record used by the article and score.
What is being built, and for whom
Permits are the 12-to-24 month early warning. The total matters less than the mix: apartments compete with a rental the day they open.
Demand, and the competition for it
Tax filings say how many households moved and what they earn; mortgage disclosures say how many local purchases went to someone who will not live there. Moves between counties inside this metro are netted out of both flow figures.
What would make this a bad buy
Generated from the same figures with the instruction to argue against the score, and published unedited. A page that only agrees with itself is an advertisement.
Three ways the case breaks
- CES job growth was 0.54%, providing limited confirmation for the 4.96% increase in asking rent.
- Net migration was 25 households, and incoming movers' average income was $3,043 below outgoing movers'.
- Inland flood is the dominant hazard, and the metro climate loss ratio does not show an individual property's exposure.
Move from the metro average to local evidence
County pages carry tax, migration, listing and hazard records. City pages appear only where direct city price, rent and Census evidence pass the publication gate.
Metros that behave like Terre Haute
Nearest neighbours on price level, income, yield and job growth — not on geography. Every market page gets a different peer set, which is the point.
| Metro | Score | Price | Rent | Yield | Job Growth |
|---|---|---|---|---|---|
| Terre Haute, IN (Target) | 69 | $171k | $989 | 6.9% | ▲ 0.5% |
| Macon, GA | 55 | $202k | $1,254 | 7.4% | ▲ 0.5% |
| Dothan, AL | 41 | $197k | $1,230 | 7.5% | ▲ 0.6% |
| Joplin, MO | 64 | $229k | $1,315 | 6.9% | ▲ 0.7% |
| Battle Creek, MI | 81 | $192k | $1,126 | 7.0% | ▲ 0.7% |
Where every figure came from
“Checked nightly” means every source is re-pulled and re-verified each night. It does not mean every source moves nightly — the release column tells you how fresh each number can possibly be.
| Dataset Source | Method | Release Period | Pulled Date |
|---|---|---|---|
| Census ACS 5-year — household income | direct | ACS 2024 5-year | 2026-07-26 |
| Census ACS 5-year — population | direct | ACS 2024 5-year | 2026-07-26 |
| BLS CES — payroll employment | direct | CES SM current | 2026-07-26 |
| BLS LAUS — resident employment | direct | LAUS current | 2026-07-26 |
| BLS QCEW — county employment and wages | direct | annual county employment and wages 2025 vs 2024 | 2026-07-31 |
| OMB/BLS delineation — metro geography | direct | OMB July 2023 delineation | 2026-07-30 |
| Census Building Permits Survey — permitted units | direct | BPS through 2026 | 2026-07-26 |
| Census ACS 5-year — city population, households and housing | direct | ACS 2024 5-year | 2026-07-29 |
| Census ACS 5-year — county housing value, tenure and stock | direct | ACS 2024 5-year | 2026-07-30 |
| Census ACS 5-year — cities and communities | direct | ACS 2024 5-year | 2026-07-30 |
| FEMA National Risk Index — hazard loss ratios | modelled | NRI counties (FEMA ArcGIS) | 2026-07-26 |
| FHFA House Price Index — annual county appreciation | direct | annual county HPI 2025 | 2026-07-28 |
| HMDA / CFPB — purchases by occupancy type | direct | HMDA 2024 purchase originations | 2026-07-26 |
| HUD Fair Market Rents — Section 8 standard | direct | FY2026 FMR | 2026-07-26 |
| HUD USPS crosswalk and Small Area FMRs — ZIP rent fallback | direct | ZIP-CBSA 2025Q4 + SAFMR FY2026 | 2026-07-26 |
| IRS SOI — county migration and mover income | direct | SOI migration 2022-2023 | 2026-07-26 |
| Freddie Mac PMMS — mortgage rates | direct | week of 2026-07-23 | 2026-07-27 |
| Census ACS 5-year — effective property tax | direct | ACS 2024 5-year | 2026-07-27 |
| Realtor.com Economic Research — county listing inventory | direct | county inventory 2026-06 | 2026-07-28 |
| Redfin Data Center — inventory, days on market, and price cuts | direct | metro tracker through 2026-05-01 | 2026-07-26 |
| Zillow ZHVI and ZORI — county values and rents | direct | county ZHVI/ZORI 2026-06 | 2026-07-26 |
| Zillow ZHVI — metro home values | direct | Metro_zhvi_uc_sfrcondo_tier_0.33_0.67_sm_sa_month.csv | 2026-07-26 |
| Zillow ZHVI — city home values | direct | zillow_zhvi_city.csv | 2026-07-29 |
| Zillow ZORI — metro market rents | direct | Metro_zori_uc_sfrcondomfr_sm_sa_month.csv | 2026-07-26 |
| Zillow ZORI — city market rents | direct | zillow_zori_city.csv | 2026-07-29 |
| Zillow ZORI — ZIP market rents | direct | ZORI ZIP 2026-06 | 2026-07-26 |