Why Live in Brazil
Brazil, Indiana offers cost-effective living between Terre Haute and Indianapolis, with a steady population of around 8,000 residents. The city features a replica of the Chafariz dos Contos fountain at Forest Park, symbolizing its connection to Brazil, South America. Brazil is known for its low cost of living, affordable property taxes, and home values that are lower compared to nearby towns. The city has a mix of early-1900s homes on gridded streets, ranch-style homes, and newer subdivisions on the outskirts. Major employers include Great Dane Trailers, PPG, and Morris Manufacturing. Commerce is centered on National Avenue, with local boutiques and essential stores like Kroger and Walmart. For more extensive shopping, residents often travel to Terre Haute or Greencastle. Brazil is accessible via U.S. Highway 40, Interstate 70, and State Road 59, making it a 16-mile drive to Terre Haute and 64 miles to Indianapolis. Points of interest include Forest Park with its golf course and public pool, Craig Park with Waterworks Lake, and Hendrix Park. The local YMCA offers programs and indoor facilities. Annual events like Route 40 Fest, Christmas in the Park, and the Strawberry Festival are popular things to do. Brazil falls within the Clay Community Schools district, which has a good rating. Safety is comparable to the national average, and the Brazil Indiana Police Department actively engages with the community.
Home Trends in Brazil, IN
On average, homes in Brazil, IN sell after 46 days on the market compared to the national average of 50 days. The median sale price for homes in Brazil, IN over the last 12 months is $168,000, up 12% from the median home sale price over the previous 12 months.
Median Sale Price
$168,000
Median Single Family Sale Price
$176,000
Median 2 Bedroom Sale Price
$267,450
Average Price Per Sq Ft
$123
Number of Homes for Sale
34
Last 12 months Home Sales
231
Median List Price
$198,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
12%