Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 11,270 ↓ 0.1% since 2020 |
| Median Household Income | $59,706 20% below national median |
| Median Home Value | $165,000 |
| Unemployment Rate | 5.2% |
| Median Age | 42.5 years |
| Housing Vacancy Rate | 20.8% |
| Total Land Sales (Past 12 Months) | 193 transactions |
| Active Listings | 38 properties |
| Avg Days on Market | 522 days |
Rural Land Sales (1+ Acres) (Dec 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $8,350 |
| Recent Sales | 167 transactions |
| Avg Days on Market | 520 days |
| Avg Parcel Size | 20.60 acres |
| Active Listings | 32 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026New | 25.41 | $215,000 | $8,461 | Spencer |
| Mar 2026New | 25.41 | $215,000 | $8,461 | Spencer |
| Mar 2026New | 5.08 | $64,900 | $12,776 | Spencer |
| Feb 2026 | 14.00 | $125,000 | $8,929 | Spencer |
| Feb 2026 | 36.07 | $206,440 | $5,723 | Coal City |
| Feb 2026 | 40.00 | $218,460 | $5,462 | Coal City |
| Jan 2026 | 10.00 | $69,900 | $6,990 | Coal City |
| Jan 2026 | 7.00 | $70,000 | $10,000 | Coal City |
| Jan 2026 | 3.15 | $26,000 | $8,259 | Bloomington |
| Dec 2025 | 12.04 | $97,500 | $8,098 | Spencer |
Suburban/Urban Land Sales (Under 1 Acre) (Nov 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $24,000 |
| Recent Sales | 26 transactions |
| Avg Days on Market | 531 days |
| Avg Parcel Size | 0.60 acres |
| Active Listings | 6 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Feb 2026 | 0.90 | $39,000 | Poland |
| Nov 2025 | 0.47 | $9,000 | Poland |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 21,434 |
| Population (2020) | 21,321 |
| Population Growth | 0.53% |
| Median Household Income | $59,586 |
| Median Home Value | $162,400 |
| Total Housing Units | 9,868 |
| Vacant Housing Units | 1,270 |
| Housing Vacancy Rate | 12.9% |
| Median Age | 45.3 |
| Bachelor's Degree or Higher | 1,855 (8.7%) |
| Unemployment Rate | 5.2% |
Market Overview
Owen County, Indiana has a population of 21,434, which has grown 0.53% since 2020. The median household income is $59,586, below the national median of $74,580 by 20.1%. The housing vacancy rate of 12.9% suggests soft market conditions. Owen 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 $8,350 per acre, with properties averaging 20.60 acres. There are currently 38 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Owen County, Indiana?
As of the 2023 American Community Survey, Owen County has a population of 21,434. The county has grown 0.53% since the 2020 Census, indicating a growing community.
What is the median household income in Owen County?
The median household income in Owen County is $59,586, which is 20.1% below the national median of $74,580.
Is Owen County growing or shrinking?
Owen County is growing. The population has increased 0.53% since 2020.
What is the housing market like in Owen County?
The median home value in Owen County is $162,400. The housing vacancy rate is 12.9%, which suggests soft market conditions. The unemployment rate is 5.2%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $8,350 per acre. Suburban/urban lots under 1 acre have a median lot price of $24,000.
Does Reelvest buy land in Owen County, Indiana?
Yes! Reelvest Properties buys vacant land throughout Indiana, including Owen 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.