Market Snapshot

Report generated March 2026

IndicatorValue
Population27,581
↓ 0.3% since 2020
Median Household Income$79,267
6% above national median
Median Home Value$166,000
Unemployment Rate3.6%
Median Age41.7 years
Housing Vacancy Rate6.9%
Total Land Sales (Past 12 Months)95 transactions
Active Listings42 properties
Avg Days on Market569 days

Rural Land Sales (1+ Acres) (Aug 2025 – Jan 2026)

MetricValue
Median Price/Acre$11,944
Recent Sales66 transactions
Avg Days on Market547 days
Avg Parcel Size16.70 acres
Active Listings28 properties

Recent Rural Land Sales

DateAcresPrice$/AcreLocation
Jan 202612.67$215,500$17,009Shirley
Jan 20269.07$93,000$10,254New Castle
Jan 20265.00$215,000$43,000Lewisville
Jan 20265.00$85,000$17,000New Castle
Dec 202510.13$141,175$13,936Middletown
Dec 20252.58$33,000$12,791New Castle
Nov 20259.43$107,000$11,347New Castle
Nov 202520.00$230,000$11,500Mooreland
Aug 202529.50$321,970$10,914New Castle
Aug 202518.42$230,212$12,498Shirley

Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Oct 2025)

MetricValue
Median Lot Price$10,000
Recent Sales29 transactions
Avg Days on Market619 days
Avg Parcel Size0.50 acres
Active Listings14 properties

Recent Suburban/Urban Land Sales

DateAcresPriceLocation
Oct 20250.82$45,000New Castle
Oct 20250.45$12,500New Castle
Sep 20250.74$48,100New Castle
Sep 20250.60$39,000New Castle

County Profile

DemographicValue
Total Population (2023)48,896
Population (2020)48,914
Population Growth-0.04%
Median Household Income$60,144
Median Home Value$140,200
Total Housing Units20,968
Vacant Housing Units2,508
Housing Vacancy Rate12.0%
Median Age42.1
Bachelor's Degree or Higher3,765 (7.7%)
Unemployment Rate3.6%

Market Overview

Henry County, Indiana has a population of 48,896, which has declined 0.04% since 2020. The median household income is $60,144, below the national median of $74,580 by 19.4%. The housing vacancy rate of 12.0% suggests balanced 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 $11,944 per acre, with properties averaging 16.70 acres. There are currently 42 active land listings in the county.

Frequently Asked Questions

What is the current population of Henry County, Indiana?
As of the 2023 American Community Survey, Henry County has a population of 48,896. The county has declined 0.04% since the 2020 Census.
What is the median household income in Henry County?
The median household income in Henry County is $60,144, which is 19.4% below the national median of $74,580.
Is Henry County growing or shrinking?
Henry County is shrinking. The population has declined 0.04% since 2020.
What is the housing market like in Henry County?
The median home value in Henry County is $140,200. The housing vacancy rate is 12.0%, which suggests balanced market conditions. The unemployment rate is 3.6%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $11,944 per acre. Suburban/urban lots under 1 acre have a median lot price of $10,000.
Does Reelvest buy land in Henry County, Indiana?
Yes! Reelvest Properties buys vacant land throughout Indiana, including Henry 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.