Real Estate Investing in Terre Haute, Indiana (47803)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47803 (Terre Haute, IN)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Terre Haute, IN (47803)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 47803 Terre Haute
Investors eyeing 47803 need to respect the fundamentals at play. Home values of $183K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 47803 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in Terre Haute have seen price recovery that 47803 has not matched. Vigo County data supports the view that the spread is structural rather than temporary.
Who lives in 47803 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at Terre Haute's stable or hybrid ZIPs before stepping into 47803. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Terre Haute:
Property Strategy for 47803
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $85,094 | $910 | 7.7% | +6.6% | $85,094 |
| 2BR | $125,705 | $1,150 | 6.6% | +8.0% | $62,852 |
| 3BR | $198,076 | $1,380 | 5.0% | +7.5% | $66,025 |
| 4BR | $284,081 | $1,610 | 4.1% | +6.6% | $71,020 |
| 5BR | $335,324 | — | — | +6.1% | $67,065 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 47803 Compare?
| Metric | 47803 | Terre Haute | Terre Haute, IN | Indiana |
|---|---|---|---|---|
| Home Value | $182,595 | $95,690 | N/A | $248,442 |
| 5-Year CAGR | 6.6% | 5.8% | N/A | 7.7% |
| Avg Rent | $1,330 | $998 | N/A | - |
| Cap Rate | 5.7% | 5.8% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 47803 (Terre Haute, IN). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 47803 (Terre Haute, IN)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $182,595 |
| Monthly Rent | $1,330 |
| Price-to-Rent | 11.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.7% |
| Cap Rate | 5.7% |
| 5-Year IRR | 12.3% |
📈 Home Appreciation
| 1-Year | +6.7% ▲ |
| 3-Year CAGR | +5.2% ▲ |
| 5-Year CAGR | +6.6% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | +6.5% ▲ |
| 3-Year CAGR | +6.7% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 47803
Population: 21,702
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 47803
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How strong are rents in Terre Haute, IN?
Rents in Terre Haute, IN run near $1,330/mo. Compared with median home prices of $183K that produces solid gross yields for typical rentals.
What approach is best for Terre Haute, IN real estate?
Most investors in Terre Haute, IN run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Is Terre Haute, IN a good place for real estate investing?
Terre Haute, IN scores 3.0/5 for investability. Home values sit at $183K and rents near $1,330/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Where do home prices stand in Terre Haute, IN?
Homes in Terre Haute, IN typically sell near $183K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.
How high is vacancy risk in Terre Haute, IN?
Terre Haute, IN vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 47803 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 47803 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 47803 ranks in Terre Haute, IN
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 47803 (Terre Haute)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 47803 (Terre Haute, IN).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.