Montezuma, Indiana.
Typical home $129,590 (+4.0% in a year). Terre Haute, IN metro.
to buy the typical home at today's mortgage rate — +$423 (+164%) since Jan 2020.
- 1 year
- Up $5,007 +4%
- $124,583$129,590 since Sep 2025
- 5 years
- Up $38,649 +42%
- $90,941$129,590 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Montezuma$680
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 10 years.
Typical home values in Montezuma, IN rose 4.0% over the past year — faster than the nation's +1.2%.
Living in Montezuma, Parke County, Indiana
Montezuma is a town of 921 people in Parke County. Half its households earn more than $56,974 a year and half less, against $68,485 across Parke County. Unemployment in Parke County was 3.5% in August 2026, and the county had 1.4% fewer jobs in 2025 than the year before. The most people in Parke County work in manufacturing, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Montezuma is a small town in Parke County, Indiana, and one of the smaller places a reader is likely to come across. Household incomes here run below the county's, and homes are priced modestly. Winters are cold, with January the coldest month, and summers are warm, with July the warmest. Snow falls in modest amounts through the winter, and the year brings a fair amount of rain and melted snow.
Work. People who live in Montezuma work mostly in manufacturing, in schools, hospitals and social care, in shops, and in the building trades. Across Parke County, the largest workplaces include North Central Parke Community Schools, Southwest Parke Community Schools and Scott Pet Products. Few adults in town hold a four-year degree, and almost no one works from home. The typical trip to work is a fairly short drive, and the county has seen a slight dip in the number of jobs over the past year.
Things to do. The Little Vermilion River is a short drive away and is the nearest spot for time by the water. A longer drive brings you to Turkey Run State Park and Shades State Park, both protected areas of woods and trails. The Swope Art Museum is also a longer drive, for a day built around something indoors.
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- 6%of adults have a degree
- 24 mintypical commute
- 1%work from home
What people in Parke County work in
Employed residents by industry, from the Census survey. Parke County had 3,526 jobs in 2025, 1.4% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 36° and lows near 17°; warmest in July, with highs near 86° and lows near 62°. About 13 inches of snow and 47 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Rockville weather station, 8 miles away (NOAA).
Largest workplaces in Parke County
- North Central Parke Comm Schl Corp SchoolsSchool district235FTE
- Southwest Parke Com Sch Corp SchoolsSchool district166FTE
- Scott Pet ProductsDog and cat food, manufacturing125
- River City Delivery CompanyDelivery service provider102
- Scaffold King RentalsAgricultural machinery and equipment rental or leasing98
- Futurex IndustriesSheet, plastics, unlaminated, manufacturing50
- Kirby Foods RockvilleGrocery stores50
- Futurex IndustriesSheet, plastics, unlaminated, manufacturing43
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 10 workplaces with 20 or more staff, 573 people in all across the county; Montezuma has none of its own. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherRelatively high
- Strong windRelatively high
- Cold wavesRelatively high
- DroughtRelatively moderate
- HailRelatively moderate
- TornadoesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Montezuma’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Parke County and the Terre Haute, IN metro.
Montezuma home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Montezuma$129,590
- Indiana$257,165
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
Not enough data to draw this yet.
Zip codes with a Montezuma address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Montezuma — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Montezuma
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 47862 | Montezuma | 1,438 | — | $124,139 |
| 47832 | Bloomingdale | 1,013 | — | $205,761 |