Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 387,697 ↑ 3.1% since 2020 |
| Median Household Income | $58,535 22% below national median |
| Median Home Value | $220,800 |
| Unemployment Rate | 5.2% |
| Median Age | 48.2 years |
| Housing Vacancy Rate | 12.9% |
| Total Land Sales (Past 12 Months) | 200 transactions |
| Active Listings | 200 properties |
| Avg Days on Market | 101 days |
Rural Land Sales (1+ Acres) (Dec 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $56,762 |
| Recent Sales | 28 transactions |
| Avg Days on Market | 114 days |
| Avg Parcel Size | 6.30 acres |
| Active Listings | 30 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Feb 2026 | 1.06 | $131,000 | $123,585 | Indianapolis |
| Feb 2026 | 2.08 | $169,500 | $81,490 | Indianapolis |
| Jan 2026 | 3.00 | $146,000 | $48,667 | Indianapolis |
| Jan 2026 | 3.45 | $151,700 | $43,971 | Indianapolis |
| Jan 2026 | 3.00 | $147,000 | $49,000 | Indianapolis |
| Jan 2026 | 1.00 | $190,000 | $190,000 | Indianapolis |
| Dec 2025 | 5.32 | $550,000 | $103,383 | Indianapolis |
| Dec 2025 | 1.54 | $31,000 | $20,065 | Indianapolis |
| Dec 2025 | 1.35 | $94,000 | $69,630 | Indianapolis |
| Dec 2025 | 3.13 | $130,000 | $41,534 | Indianapolis |
Suburban/Urban Land Sales (Under 1 Acre) (Feb 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $35,000 |
| Recent Sales | 172 transactions |
| Avg Days on Market | 99 days |
| Avg Parcel Size | 0.20 acres |
| Active Listings | 170 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Mar 2026New | 0.12 | $20,000 | Indianapolis |
| Mar 2026New | 0.62 | $12,000 | Indianapolis |
| Mar 2026New | 0.12 | $40,000 | Indianapolis |
| Mar 2026New | 0.11 | $55,000 | Indianapolis |
| Mar 2026New | 0.12 | $60,000 | Indianapolis |
| Mar 2026New | 0.19 | $80,000 | Indianapolis |
| Feb 2026 | 0.11 | $35,000 | Indianapolis |
| Feb 2026 | 0.38 | $100,000 | Indianapolis |
| Feb 2026 | 0.13 | $39,900 | Indianapolis |
| Feb 2026 | 0.15 | $24,999 | Indianapolis |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 971,822 |
| Population (2020) | 977,203 |
| Population Growth | -0.55% |
| Median Household Income | $63,450 |
| Median Home Value | $207,000 |
| Total Housing Units | 439,034 |
| Vacant Housing Units | 42,372 |
| Housing Vacancy Rate | 9.7% |
| Median Age | 34.3 |
| Bachelor's Degree or Higher | 137,893 (14.2%) |
| Unemployment Rate | 5.2% |
Market Overview
Marion County, Indiana has a population of 971,822, which has declined 0.55% since 2020. The median household income is $63,450, below the national median of $74,580 by 14.9%. The housing vacancy rate of 9.7% suggests balanced market conditions. Marion 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 $56,762 per acre, with properties averaging 6.30 acres. There are currently 200 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Marion County, Indiana?
As of the 2023 American Community Survey, Marion County has a population of 971,822. The county has declined 0.55% since the 2020 Census.
What is the median household income in Marion County?
The median household income in Marion County is $63,450, which is 14.9% below the national median of $74,580.
Is Marion County growing or shrinking?
Marion County is shrinking. The population has declined 0.55% since 2020.
What is the housing market like in Marion County?
The median home value in Marion County is $207,000. The housing vacancy rate is 9.7%, which suggests balanced market conditions. The unemployment rate is 5.2%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $56,762 per acre. Suburban/urban lots under 1 acre have a median lot price of $35,000.
Does Reelvest buy land in Marion County, Indiana?
Yes! Reelvest Properties buys vacant land throughout Indiana, including Marion 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.