Market Snapshot

Report generated March 2026

IndicatorValue
Population20,281
↓ 1.0% since 2020
Median Household Income$54,114
27% below national median
Median Home Value$110,100
Unemployment Rate3.8%
Median Age39.6 years
Housing Vacancy Rate10.7%
Total Land Sales (Past 12 Months)23 transactions
Active Listings3 properties
Avg Days on Market538 days

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

MetricValue
Median Price/Acre$13,636
Recent Sales17 transactions
Avg Days on Market538 days
Avg Parcel Size37.20 acres
Active Listings1 properties

Recent Rural Land Sales

DateAcresPrice$/AcreLocation
Jan 2026100.97$1,300,000$12,875Redkey
Dec 202518.50$150,000$8,108Portland
Dec 202518.50$150,000$8,108Portland
Oct 20251.07$33,000$30,841Pennville
Sep 20251.46$35,000$23,973Portland
Aug 2025109.50$1,600,000$14,612Portland
Jun 202580.00$1,200,000$15,000Pennville

Suburban/Urban Land Sales (Under 1 Acre) (Nov 2025 – Mar 2026)

MetricValue
Median Lot Price$14,500
Recent Sales6 transactions
Avg Days on Market538 days
Avg Parcel Size0.40 acres
Active Listings2 properties

Recent Suburban/Urban Land Sales

DateAcresPriceLocation
Mar 20260.19$3,900Dunkirk
Nov 20250.15$14,000Dunkirk

County Profile

DemographicValue
Total Population (2023)20,281
Population (2020)20,478
Population Growth-0.96%
Median Household Income$54,114
Median Home Value$110,100
Total Housing Units8,908
Vacant Housing Units949
Housing Vacancy Rate10.7%
Median Age39.6
Bachelor's Degree or Higher1,018 (5.0%)
Unemployment Rate3.8%

Market Overview

Jay County, Indiana has a population of 20,281, which has declined 0.96% since 2020. The median household income is $54,114, below the national median of $74,580 by 27.4%. The housing vacancy rate of 10.7% suggests balanced market conditions. Jay County remains a key area for land acquisition in Indiana. Recent rural land sales show a median price of $13,636 per acre, with properties averaging 37.20 acres. There are currently 3 active land listings in the county.

Frequently Asked Questions

What is the current population of Jay County, Indiana?
As of the 2023 American Community Survey, Jay County has a population of 20,281. The county has declined 0.96% since the 2020 Census.
What is the median household income in Jay County?
The median household income in Jay County is $54,114, which is 27.4% below the national median of $74,580.
Is Jay County growing or shrinking?
Jay County is shrinking. The population has declined 0.96% since 2020.
What is the housing market like in Jay County?
The median home value in Jay County is $110,100. The housing vacancy rate is 10.7%, which suggests balanced market conditions. The unemployment rate is 3.8%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $13,636 per acre. Suburban/urban lots under 1 acre have a median lot price of $14,500.
Does Reelvest buy land in Jay County, Indiana?
Yes! Reelvest Properties buys vacant land throughout Indiana, including Jay 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.