Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 101,685 ↓ 0.5% since 2020 |
| Median Household Income | $62,001 17% below national median |
| Median Home Value | $158,400 |
| Unemployment Rate | 5.8% |
| Median Age | 39.7 years |
| Housing Vacancy Rate | 8.4% |
| Total Land Sales (Past 12 Months) | 200 transactions |
| Active Listings | 198 properties |
| Avg Days on Market | 186 days |
Rural Land Sales (1+ Acres) (Nov 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $40,680 |
| Recent Sales | 48 transactions |
| Avg Days on Market | 190 days |
| Avg Parcel Size | 8.60 acres |
| Active Listings | 50 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 2.72 | $179,900 | $66,140 | Fort Wayne |
| Feb 2026 | 16.16 | $399,900 | $24,746 | Leo |
| Feb 2026 | 11.50 | $240,000 | $20,870 | Fort Wayne |
| Feb 2026 | 3.51 | $179,992 | $51,236 | Fort Wayne |
| Feb 2026 | 4.43 | $280,008 | $63,250 | Fort Wayne |
| Jan 2026 | 6.95 | $160,000 | $23,022 | Harlan |
| Dec 2025 | 2.01 | $86,500 | $43,035 | Fort Wayne |
| Dec 2025 | 12.60 | $240,000 | $19,048 | Fort Wayne |
| Dec 2025 | 1.00 | $55,000 | $55,000 | Fort Wayne |
| Nov 2025 | 4.57 | $160,000 | $35,011 | Spencerville |
Suburban/Urban Land Sales (Under 1 Acre) (Feb 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $61,503 |
| Recent Sales | 152 transactions |
| Avg Days on Market | 185 days |
| Avg Parcel Size | 0.30 acres |
| Active Listings | 148 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Mar 2026 | 0.69 | $181,000 | Fort Wayne |
| Mar 2026 | 0.09 | $9,000 | Fort Wayne |
| Mar 2026 | 0.82 | $25,000 | Fort Wayne |
| Mar 2026 | 0.23 | $8,500 | Fort Wayne |
| Feb 2026 | 0.30 | $36,000 | Fort Wayne |
| Feb 2026 | 0.18 | $20,000 | Fort Wayne |
| Feb 2026 | 0.16 | $7,000 | Fort Wayne |
| Feb 2026 | 0.13 | $14,000 | Fort Wayne |
| Feb 2026 | 0.88 | $110,000 | Fort Wayne |
| Feb 2026 | 0.12 | $5,000 | Fort Wayne |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 388,791 |
| Population (2020) | 385,410 |
| Population Growth | 0.88% |
| Median Household Income | $68,839 |
| Median Home Value | $194,300 |
| Total Housing Units | 164,456 |
| Vacant Housing Units | 10,273 |
| Housing Vacancy Rate | 6.2% |
| Median Age | 36.2 |
| Bachelor's Degree or Higher | 52,988 (13.6%) |
| Unemployment Rate | 5.8% |
Market Overview
Allen County, Indiana has a population of 388,791, which has grown 0.88% since 2020. The median household income is $68,839, below the national median of $74,580 by 7.7%. The housing vacancy rate of 6.2% suggests tight market conditions. Allen County is part of Indiana's land market, attracting both local and out-of-state buyers. Recent rural land sales show a median price of $40,680 per acre, with properties averaging 8.60 acres. There are currently 198 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Allen County, Indiana?
As of the 2023 American Community Survey, Allen County has a population of 388,791. The county has grown 0.88% since the 2020 Census, indicating a growing community.
What is the median household income in Allen County?
The median household income in Allen County is $68,839, which is 7.7% below the national median of $74,580.
Is Allen County growing or shrinking?
Allen County is growing. The population has increased 0.88% since 2020.
What is the housing market like in Allen County?
The median home value in Allen County is $194,300. The housing vacancy rate is 6.2%, which suggests tight market conditions. The unemployment rate is 5.8%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $40,680 per acre. Suburban/urban lots under 1 acre have a median lot price of $61,503.
Does Reelvest buy land in Allen County, Indiana?
Yes! Reelvest Properties buys vacant land throughout Indiana, including Allen County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.