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Appreciation & Growth Forecast: Terre Haute, IN

Updated 2026 · Based on median market data for Terre Haute, IN

Cap Rate
5.23%
Median Price
$160K
Rent/Mo
$970
1% Rule
0.61%
Fails

Historical Appreciation

Home values in Terre Haute, IN have appreciated at 2.6% per year. Appreciation is modest, meaning total returns will be driven primarily by cash flow rather than equity gains. This is actually preferred by many investors who want predictable, income-based returns.

5-Year Price Projection

If Terre Haute continues appreciating at 2.6% annually, the current median of $160,000 would reach approximately $181,910 in 5 years — an equity gain of $21,910 on a property purchased at the median. With a 20% down payment of $32,000, that represents a 68% return on invested equity from appreciation alone. Combined with 5 years of NOI totaling approximately $41,879, the projected total return is $63,789 — a 199% cumulative return on the initial investment.

Growth Drivers

Terre Haute's population growth of 0.9% is moderate and positive, supporting steady but not explosive demand for housing. Markets with this growth profile tend to appreciate consistently without the boom-bust cycles of hyper-growth metros. Higher-than-average local incomes ($60,888) support continued price growth as more residents can afford to bid up properties.

Total Return Analysis

Smart investors evaluate both cash flow AND appreciation. In Terre Haute, the 5.23% cap rate provides strong ongoing cash flow, while 2.6% annual appreciation adds an equity component. The strong cash flow here means your returns are mostly realized as income rather than paper equity — a more conservative and predictable return profile.

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How Terre Haute Compares

Terre Haute vs Indiana state average and national average across key investment metrics. Terre Haute outperforms both benchmarks on cap rate.

Metric
Terre Haute
Indiana Avg
National Avg
Cap Rate
5.23%
3.98%
3.81%
Median Price
$160K
$230K
$333K
Median Rent
$970
$1,124
$1,524
Property Tax
0.84%
0.84%
1.08%
Vacancy
5.5%
5.5%
5.6%
Pop. Growth
0.9%/yr
0.9%/yr
0.9%/yr

Nearby Midwest Markets

City
Cap Rate
Price
Rent
Tax
Terre Haute, IN
5.2%
$160K
$970
0.84%
Cambridge, OH
4.8%
$160K
$1,020
1.58%
Saginaw, MI
4.8%
$160K
$1,000
1.46%
Sikeston, MO
3.7%
$160K
$820
1.25%
Peoria, IL
4.9%
$165K
$1,150
2.1%

Frequently Asked Questions

How fast are home prices rising in Terre Haute?
Home values in Terre Haute have been appreciating at 2.6% per year. This is near the national average, providing steady equity growth. At this rate, a $160K home would be worth approximately $182K in 5 years.
Is Terre Haute a growing city?
Terre Haute's population of 50,000 is growing at 0.9% per year. Moderate growth provides stable demand without overheating.
What is the best investment strategy for Terre Haute?
Terre Haute's 5.23% cap rate and moderate growth make it a balanced market. Look for value-add properties below median where you can force appreciation through renovation while capturing cash flow.
How does Terre Haute compare to other Midwest cities?
Among Midwest markets, Terre Haute's 5.23% cap rate exceeds the Indiana average of 3.98%. Prices at $160K are below the state average of $230K. See our comparison tool to evaluate Terre Haute against specific markets.
Full Terre Haute Analysis →Cap Rate CalculatorBRRRR Calculator

Explore Terre Haute & Related Markets

More Terre Haute Guides

Rental Property Investment GuideRent AnalysisProperty Tax GuideCost of Living & AffordabilityNeighborhood Investment Guide

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