Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 126,967 ↓ 1.4% since 2020 |
| Median Household Income | $56,093 25% below national median |
| Median Home Value | $126,900 |
| Unemployment Rate | 6.7% |
| Median Age | 45.4 years |
| Housing Vacancy Rate | 11.4% |
| Total Land Sales (Past 12 Months) | 27 transactions |
| Active Listings | 19 properties |
| Avg Days on Market | 434 days |
Rural Land Sales (1+ Acres) (Mar 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $8,782 |
| Recent Sales | 23 transactions |
| Avg Days on Market | 461 days |
| Avg Parcel Size | 16.20 acres |
| Active Listings | 11 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Feb 2026 | 10.08 | $87,000 | $8,631 | Connersville |
| Feb 2026 | 10.07 | $87,000 | $8,635 | Connersville |
| Jan 2026 | 16.60 | $137,000 | $8,253 | Connersville |
| Dec 2025 | 58.18 | $302,500 | $5,199 | Connersville |
| Nov 2025 | 29.68 | $240,000 | $8,086 | Connersville |
| Nov 2025 | 33.00 | $339,062 | $10,275 | Connersville |
| Aug 2025 | 1.85 | $52,900 | $28,595 | Connersville |
| Mar 2025 | 1.32 | $270,000 | $204,546 | Connersville |
Suburban/Urban Land Sales (Under 1 Acre)
| Metric | Value |
|---|---|
| Median Lot Price | $19,500 |
| Recent Sales | 4 transactions |
| Avg Days on Market | 280 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 8 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Sep 2025 | 0.22 | $21,000 | Connersville |
| Jul 2025 | 0.23 | $15,000 | Connersville |
| Apr 2025 | 0.75 | $76,000 | Connersville |
| Mar 2025 | 0.34 | $18,000 | Connersville |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 23,390 |
| Population (2020) | 23,398 |
| Population Growth | -0.03% |
| Median Household Income | $56,659 |
| Median Home Value | $114,800 |
| Total Housing Units | 10,900 |
| Vacant Housing Units | 1,421 |
| Housing Vacancy Rate | 13.0% |
| Median Age | 43.9 |
| Bachelor's Degree or Higher | 2,021 (8.6%) |
| Unemployment Rate | 6.7% |
Market Overview
Fayette County, Indiana has a population of 23,390, which has declined 0.03% since 2020. The median household income is $56,659, below the national median of $74,580 by 24.0%. The housing vacancy rate of 13.0% suggests soft market conditions. The county's location in Indiana makes it accessible for investors and developers seeking rural land. Recent rural land sales show a median price of $8,782 per acre, with properties averaging 16.20 acres. There are currently 19 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Fayette County, Indiana?
As of the 2023 American Community Survey, Fayette County has a population of 23,390. The county has declined 0.03% since the 2020 Census.
What is the median household income in Fayette County?
The median household income in Fayette County is $56,659, which is 24.0% below the national median of $74,580.
Is Fayette County growing or shrinking?
Fayette County is shrinking. The population has declined 0.03% since 2020.
What is the housing market like in Fayette County?
The median home value in Fayette County is $114,800. The housing vacancy rate is 13.0%, which suggests soft market conditions. The unemployment rate is 6.7%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $8,782 per acre. Suburban/urban lots under 1 acre have a median lot price of $19,500.
Does Reelvest buy land in Fayette County, Indiana?
Yes! Reelvest Properties buys vacant land throughout Indiana, including Fayette 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.