Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 16,346 ↑ 1.2% since 2020 |
| Median Household Income | $66,776 10% below national median |
| Median Home Value | $139,300 |
| Unemployment Rate | 5.2% |
| Median Age | 42.5 years |
| Housing Vacancy Rate | 21.5% |
| Total Land Sales (Past 12 Months) | 50 transactions |
| Active Listings | 36 properties |
| Avg Days on Market | 604 days |
Rural Land Sales (1+ Acres) (Apr 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $11,345 |
| Recent Sales | 42 transactions |
| Avg Days on Market | 631 days |
| Avg Parcel Size | 57.50 acres |
| Active Listings | 14 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Feb 2026 | 1.56 | $50,000 | $32,051 | Rockville |
| Jan 2026 | 226.06 | $1,799,000 | $7,958 | Rockville |
| Jan 2026 | 226.06 | $1,799,000 | $7,958 | Rockville |
| Dec 2025 | 1.70 | $22,000 | $12,941 | Rockville |
| Dec 2025 | 76.76 | $1,100,000 | $14,331 | Rockville |
| Nov 2025 | 15.76 | $179,900 | $11,415 | Brazil |
| Nov 2025 | 1.09 | $37,500 | $34,404 | Rockville |
| Apr 2025 | 1.13 | $23,000 | $20,354 | Rockville |
| Apr 2025 | 4.18 | $42,500 | $10,167 | Rockville |
Suburban/Urban Land Sales (Under 1 Acre) (Nov 2025 – Dec 2025)
| Metric | Value |
|---|---|
| Median Lot Price | $42,750 |
| Recent Sales | 8 transactions |
| Avg Days on Market | 460 days |
| Avg Parcel Size | 0.50 acres |
| Active Listings | 22 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Dec 2025 | 0.43 | $48,000 | Rockville |
| Nov 2025 | 0.88 | $30,000 | Rockville |
| Nov 2025 | 0.99 | $37,500 | Rockville |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 16,346 |
| Population (2020) | 16,156 |
| Population Growth | 1.18% |
| Median Household Income | $66,776 |
| Median Home Value | $139,300 |
| Total Housing Units | 7,625 |
| Vacant Housing Units | 1,640 |
| Housing Vacancy Rate | 21.5% |
| Median Age | 42.5 |
| Bachelor's Degree or Higher | 904 (5.5%) |
| Unemployment Rate | 5.2% |
Market Overview
Parke County, Indiana has a population of 16,346, which has grown 1.18% since 2020. The median household income is $66,776, below the national median of $74,580 by 10.5%. The housing vacancy rate of 21.5% 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 $11,345 per acre, with properties averaging 57.50 acres. There are currently 36 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Parke County, Indiana?
As of the 2023 American Community Survey, Parke County has a population of 16,346. The county has grown 1.18% since the 2020 Census, indicating a growing community.
What is the median household income in Parke County?
The median household income in Parke County is $66,776, which is 10.5% below the national median of $74,580.
Is Parke County growing or shrinking?
Parke County is growing. The population has increased 1.18% since 2020.
What is the housing market like in Parke County?
The median home value in Parke County is $139,300. The housing vacancy rate is 21.5%, 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 $11,345 per acre. Suburban/urban lots under 1 acre have a median lot price of $42,750.
Does Reelvest buy land in Parke County, Indiana?
Yes! Reelvest Properties buys vacant land throughout Indiana, including Parke 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.