Market Snapshot

IndicatorValue
Population35,276
↑ 2.8% since 2020
Median Household Income$70,829
5% below national median
Median Home Value$246,100
Unemployment Rate4.5%
Median Age39.6 years
Housing Vacancy Rate8.6%
Total Recent Sales112 transactions
Active Listings17 properties
Avg Days on Market546 days

Rural Land Market (1+ Acres)

MetricValue
Median Price/Acre$10,154
Recent Sales63 transactions
Avg Days on Market524 days
Avg Parcel Size26.40 acres
Active Listings10 properties

Recent Rural Land Sales

DateAcresPrice$/AcreLocation
Mar 202651.40$490,000$9,533Argos
Mar 202660.00$875,000$14,583Argos
Mar 202673.74$1,216,710$16,500Bremen
Feb 202648.00$540,000$11,250Argos
Feb 202648.56$400,000$8,237Plymouth
Jan 202614.83$250,000$16,858Culver
Jan 202634.85$390,000$11,191Tippecanoe
Dec 202515.00$175,000$11,667Culver
Dec 202526.95$192,000$7,124Plymouth
Dec 202580.00$650,000$8,125Culver

Suburban/Urban Land Market (Under 1 Acre)

MetricValue
Median Price/Acre$69,565
Recent Sales49 transactions
Avg Days on Market576 days
Avg Parcel Size0.40 acres
Active Listings7 properties

Recent Suburban/Urban Land Sales

DateAcresPrice$/AcreLocation
Nov 20250.48$89,000$185,417Plymouth
Oct 20250.23$12,000$52,174Plymouth
Oct 20250.32$10,000$31,250Culver
Oct 20250.29$10,000$34,483Rochester
Oct 20250.29$10,000$34,483Culver
Sep 20250.34$33,000$97,059Bremen
Sep 20250.38$110,000$289,474Bremen
Sep 20250.28$675,000$2,410,714Culver
Jun 20250.22$10,000$45,455Plymouth
Jun 20250.20$12,250$61,250Bourbon

County Profile

DemographicValue
Total Population (2023)46,225
Population (2020)46,095
Population Growth0.28%
Median Household Income$68,041
Median Home Value$184,500
Total Housing Units19,959
Vacant Housing Units2,582
Housing Vacancy Rate12.9%
Median Age39.6
Bachelor's Degree or Higher4,098 (8.9%)
Unemployment Rate4.5%

Market Overview

Marshall County, Indiana has a population of 46,225, which has grown 0.28% since 2020. The median household income is $68,041, below the national median of $74,580 by 8.8%. The housing vacancy rate of 12.9% 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 $10,154 per acre, with properties averaging 26.40 acres. There are currently 17 active land listings in the county.

Frequently Asked Questions

What is the current population of Marshall County, Indiana?
As of the 2023 American Community Survey, Marshall County has a population of 46,225. The county has grown 0.28% since the 2020 Census, indicating a growing community.
What is the median household income in Marshall County?
The median household income in Marshall County is $68,041, which is 8.8% below the national median of $74,580.
Is Marshall County growing or shrinking?
Marshall County is growing. The population has increased 0.28% since 2020.
What is the housing market like in Marshall County?
The median home value in Marshall County is $184,500. The housing vacancy rate is 12.9%, which suggests soft market conditions. The unemployment rate is 4.5%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $10,154 per acre. Suburban/urban lots under 1 acre have a median price of $69,565 per acre.
Does Reelvest buy land in Marshall County, Indiana?
Yes! Reelvest Properties buys vacant land throughout Indiana, including Marshall 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.