Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 74,235 ↑ 1.2% since 2020 |
| Median Household Income | $47,256 37% below national median |
| Median Home Value | $147,300 |
| Unemployment Rate | 7.1% |
| Median Age | 45.0 years |
| Housing Vacancy Rate | 16.3% |
| Total Land Sales (Past 12 Months) | 190 transactions |
| Active Listings | 37 properties |
| Avg Days on Market | 559 days |
Rural Land Sales (1+ Acres) (Sep 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $13,950 |
| Recent Sales | 81 transactions |
| Avg Days on Market | 571 days |
| Avg Parcel Size | 27.10 acres |
| Active Listings | 29 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026New | 40.19 | $315,000 | $7,838 | Reelsville |
| Dec 2025 | 40.00 | $280,000 | $7,000 | Cloverdale |
| Dec 2025 | 3.00 | $30,000 | $10,000 | Reelsville |
| Nov 2025 | 1.48 | $310,000 | $209,459 | Coatesville |
| Nov 2025 | 12.00 | $260,000 | $21,667 | Greencastle |
| Oct 2025 | 55.53 | $343,250 | $6,181 | Reelsville |
| Oct 2025 | 15.86 | $229,970 | $14,500 | Cloverdale |
| Oct 2025 | 6.13 | $185,000 | $30,179 | Greencastle |
| Oct 2025 | 70.35 | $620,000 | $8,813 | Greencastle |
| Sep 2025 | 8.78 | $150,000 | $17,084 | Cloverdale |
Suburban/Urban Land Sales (Under 1 Acre) (Nov 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $26,000 |
| Recent Sales | 109 transactions |
| Avg Days on Market | 550 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 8 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Mar 2026New | 0.48 | $43,500 | Coatesville |
| Mar 2026New | 0.08 | $15,500 | Greencastle |
| Mar 2026New | 0.38 | $63,500 | Fillmore |
| Feb 2026 | 0.40 | $35,000 | Coatesville |
| Feb 2026 | 0.57 | $39,900 | Coatesville |
| Feb 2026 | 0.32 | $29,500 | Coatesville |
| Jan 2026 | 0.40 | $18,000 | Bainbridge |
| Dec 2025 | 0.38 | $37,500 | Coatesville |
| Dec 2025 | 0.31 | $16,500 | Greencastle |
| Nov 2025 | 0.24 | $18,500 | Cloverdale |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 37,091 |
| Population (2020) | 36,726 |
| Population Growth | 0.99% |
| Median Household Income | $76,182 |
| Median Home Value | $205,800 |
| Total Housing Units | 15,148 |
| Vacant Housing Units | 1,168 |
| Housing Vacancy Rate | 7.7% |
| Median Age | 38.4 |
| Bachelor's Degree or Higher | 3,470 (9.4%) |
| Unemployment Rate | 7.1% |
Market Overview
Putnam County, Indiana has a population of 37,091, which has grown 0.99% since 2020. The median household income is $76,182, above the national median of $74,580 by 2.1%. The housing vacancy rate of 7.7% suggests balanced market conditions. As part of Indiana, Putnam County benefits from the state's growing interest in vacant land investment. Recent rural land sales show a median price of $13,950 per acre, with properties averaging 27.10 acres. There are currently 37 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Putnam County, Indiana?
As of the 2023 American Community Survey, Putnam County has a population of 37,091. The county has grown 0.99% since the 2020 Census, indicating a growing community.
What is the median household income in Putnam County?
The median household income in Putnam County is $76,182, which is 2.1% above the national median of $74,580.
Is Putnam County growing or shrinking?
Putnam County is growing. The population has increased 0.99% since 2020.
What is the housing market like in Putnam County?
The median home value in Putnam County is $205,800. The housing vacancy rate is 7.7%, which suggests balanced market conditions. The unemployment rate is 7.1%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $13,950 per acre. Suburban/urban lots under 1 acre have a median lot price of $26,000.
Does Reelvest buy land in Putnam County, Indiana?
Yes! Reelvest Properties buys vacant land throughout Indiana, including Putnam 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.