Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 15,452 ↑ 0.1% since 2020 |
| Median Household Income | $59,363 20% below national median |
| Median Home Value | $109,500 |
| Unemployment Rate | 6.0% |
| Median Age | 42.5 years |
| Housing Vacancy Rate | 10.5% |
| Total Land Sales (Past 12 Months) | 25 transactions |
| Active Listings | 11 properties |
| Avg Days on Market | 498 days |
Rural Land Sales (1+ Acres) (Mar 2025 – Dec 2025)
| Metric | Value |
|---|---|
| Median Price/Acre | $8,260 |
| Recent Sales | 20 transactions |
| Avg Days on Market | 487 days |
| Avg Parcel Size | 36.20 acres |
| Active Listings | 9 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Dec 2025 | 9.45 | $140,000 | $14,815 | Perrysville |
| Nov 2025 | 27.00 | $227,000 | $8,407 | Perrysville |
| Oct 2025 | 27.00 | $227,000 | $8,407 | Perrysville |
| Aug 2025 | 1.13 | $30,000 | $26,549 | Clinton |
| Jul 2025 | 98.50 | $1,083,500 | $11,000 | Perrysville |
| Apr 2025 | 72.67 | $504,307 | $6,940 | Perrysville |
| Mar 2025 | 9.00 | $76,500 | $8,500 | Clinton |
Suburban/Urban Land Sales (Under 1 Acre)
| Metric | Value |
|---|---|
| Median Lot Price | $37,000 |
| Recent Sales | 5 transactions |
| Avg Days on Market | 543 days |
| Avg Parcel Size | 0.50 acres |
| Active Listings | 2 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Feb 2025 | 0.39 | $9,250 | Cayuga |
| Nov 2024 | 0.34 | $45,000 | Covington |
| Nov 2024 | 0.91 | $90,000 | Covington |
| Sep 2024 | 0.54 | $37,000 | Covington |
| Dec 2023 | 0.53 | $19,000 | Clinton |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 15,452 |
| Population (2020) | 15,439 |
| Population Growth | 0.08% |
| Median Household Income | $59,363 |
| Median Home Value | $109,500 |
| Total Housing Units | 7,326 |
| Vacant Housing Units | 766 |
| Housing Vacancy Rate | 10.5% |
| Median Age | 42.5 |
| Bachelor's Degree or Higher | 1,367 (8.8%) |
| Unemployment Rate | 6.0% |
Market Overview
Vermillion County, Indiana has a population of 15,452, which has grown 0.08% since 2020. The median household income is $59,363, below the national median of $74,580 by 20.4%. The housing vacancy rate of 10.5% suggests balanced market conditions. As part of Indiana, Vermillion County benefits from the state's growing interest in vacant land investment. Recent rural land sales show a median price of $8,260 per acre, with properties averaging 36.20 acres. There are currently 11 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Vermillion County, Indiana?
As of the 2023 American Community Survey, Vermillion County has a population of 15,452. The county has grown 0.08% since the 2020 Census, indicating a growing community.
What is the median household income in Vermillion County?
The median household income in Vermillion County is $59,363, which is 20.4% below the national median of $74,580.
Is Vermillion County growing or shrinking?
Vermillion County is growing. The population has increased 0.08% since 2020.
What is the housing market like in Vermillion County?
The median home value in Vermillion County is $109,500. The housing vacancy rate is 10.5%, which suggests balanced market conditions. The unemployment rate is 6.0%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $8,260 per acre. Suburban/urban lots under 1 acre have a median lot price of $37,000.
Does Reelvest buy land in Vermillion County, Indiana?
Yes! Reelvest Properties buys vacant land throughout Indiana, including Vermillion 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.