Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 5,849 ↑ 0.1% since 2020 |
| Median Household Income | $64,758 13% below national median |
| Median Home Value | $186,400 |
| Unemployment Rate | 6.4% |
| Median Age | 56.1 years |
| Housing Vacancy Rate | 54.7% |
| Total Land Sales (Past 12 Months) | 39 transactions |
| Active Listings | 15 properties |
| Avg Days on Market | 537 days |
Rural Land Sales (1+ Acres) (Sep 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $6,468 |
| Recent Sales | 27 transactions |
| Avg Days on Market | 493 days |
| Avg Parcel Size | 48.40 acres |
| Active Listings | 9 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026New | 18.99 | $120,000 | $6,319 | Fairbanks |
| Dec 2025 | 11.00 | $150,000 | $13,636 | Sullivan |
| Dec 2025 | 8.82 | $70,000 | $7,937 | Sandborn |
| Oct 2025 | 115.50 | $725,000 | $6,277 | Carlisle |
| Oct 2025 | 10.48 | $95,000 | $9,065 | Dugger |
| Sep 2025 | 105.09 | $1,008,864 | $9,600 | Carlisle |
| Sep 2025 | 139.95 | $815,000 | $5,824 | Sullivan |
| Sep 2025 | 285.00 | $1,415,000 | $4,965 | Dugger |
| Sep 2025 | 6.50 | $60,000 | $9,231 | Sullivan |
| Sep 2025 | 30.00 | $175,000 | $5,833 | Dugger |
Suburban/Urban Land Sales (Under 1 Acre)
| Metric | Value |
|---|---|
| Median Lot Price | $11,250 |
| Recent Sales | 12 transactions |
| Avg Days on Market | 634 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 6 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Feb 2025 | 0.60 | $1,600 | Shelburn |
| Feb 2025 | 0.34 | $155,000 | Farmersburg |
| Jan 2025 | 0.28 | $7,650 | Sullivan |
| Sep 2024 | 0.37 | $10,000 | Sullivan |
| Aug 2024 | 0.26 | $12,500 | Dugger |
| Aug 2024 | 0.72 | $29,900 | Dugger |
| Aug 2024 | 0.16 | $26,000 | Dugger |
| Jun 2024 | 0.33 | $9,000 | Shelburn |
| Mar 2024 | 0.17 | $12,500 | Merom |
| Dec 2023 | 0.34 | $10,000 | Dugger |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 20,766 |
| Population (2020) | 20,817 |
| Population Growth | -0.24% |
| Median Household Income | $54,985 |
| Median Home Value | $122,200 |
| Total Housing Units | 8,798 |
| Vacant Housing Units | 1,101 |
| Housing Vacancy Rate | 12.5% |
| Median Age | 41.3 |
| Bachelor's Degree or Higher | 1,581 (7.6%) |
| Unemployment Rate | 6.4% |
Market Overview
Sullivan County, Indiana has a population of 20,766, which has declined 0.24% since 2020. The median household income is $54,985, below the national median of $74,580 by 26.3%. The housing vacancy rate of 12.5% suggests soft market conditions. As part of Indiana, Sullivan County benefits from the state's growing interest in vacant land investment. Recent rural land sales show a median price of $6,468 per acre, with properties averaging 48.40 acres. There are currently 15 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Sullivan County, Indiana?
As of the 2023 American Community Survey, Sullivan County has a population of 20,766. The county has declined 0.24% since the 2020 Census.
What is the median household income in Sullivan County?
The median household income in Sullivan County is $54,985, which is 26.3% below the national median of $74,580.
Is Sullivan County growing or shrinking?
Sullivan County is shrinking. The population has declined 0.24% since 2020.
What is the housing market like in Sullivan County?
The median home value in Sullivan County is $122,200. The housing vacancy rate is 12.5%, which suggests soft market conditions. The unemployment rate is 6.4%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $6,468 per acre. Suburban/urban lots under 1 acre have a median lot price of $11,250.
Does Reelvest buy land in Sullivan County, Indiana?
Yes! Reelvest Properties buys vacant land throughout Indiana, including Sullivan 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.