Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 28,261 ↑ 0.3% since 2020 |
| Median Household Income | $69,741 6% below national median |
| Median Home Value | $180,000 |
| Unemployment Rate | 2.1% |
| Median Age | 40.2 years |
| Housing Vacancy Rate | 5.4% |
| Total Land Sales (Past 12 Months) | 62 transactions |
| Active Listings | 20 properties |
| Avg Days on Market | 673 days |
Rural Land Sales (1+ Acres) (Mar 2025 – Dec 2025)
| Metric | Value |
|---|---|
| Median Price/Acre | $15,788 |
| Recent Sales | 42 transactions |
| Avg Days on Market | 628 days |
| Avg Parcel Size | 19.00 acres |
| Active Listings | 9 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Dec 2025 | 9.50 | $120,000 | $12,632 | Markle |
| Sep 2025 | 24.72 | $432,600 | $17,500 | Ossian |
| Aug 2025 | 1.04 | $7,000 | $6,731 | Liberty Center |
| Jul 2025 | 26.66 | $425,500 | $15,960 | Bluffton |
| May 2025 | 6.79 | $102,000 | $15,022 | Bluffton |
| Apr 2025 | 14.24 | $145,000 | $10,183 | Montpelier |
| Apr 2025 | 1.12 | $70,000 | $62,612 | Bluffton |
| Apr 2025 | 77.33 | $1,439,250 | $18,612 | Bluffton |
| Apr 2025 | 64.16 | $962,400 | $15,000 | Craigville |
| Mar 2025 | 34.85 | $502,500 | $14,417 | Montpelier |
Suburban/Urban Land Sales (Under 1 Acre) (Oct 2025 – Oct 2025)
| Metric | Value |
|---|---|
| Median Lot Price | $52,110 |
| Recent Sales | 20 transactions |
| Avg Days on Market | 768 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 11 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Oct 2025 | 0.46 | $40,000 | Ossian |
| Oct 2025 | 0.34 | $25,000 | Ossian |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 28,261 |
| Population (2020) | 28,180 |
| Population Growth | 0.29% |
| Median Household Income | $69,741 |
| Median Home Value | $180,000 |
| Total Housing Units | 12,003 |
| Vacant Housing Units | 643 |
| Housing Vacancy Rate | 5.4% |
| Median Age | 40.2 |
| Bachelor's Degree or Higher | 2,576 (9.1%) |
| Unemployment Rate | 2.1% |
Market Overview
Wells County, Indiana has a population of 28,261, which has grown 0.29% since 2020. The median household income is $69,741, below the national median of $74,580 by 6.5%. The housing vacancy rate of 5.4% suggests tight market conditions. Wells County remains a key area for land acquisition in Indiana. Recent rural land sales show a median price of $15,788 per acre, with properties averaging 19.00 acres. There are currently 20 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Wells County, Indiana?
As of the 2023 American Community Survey, Wells County has a population of 28,261. The county has grown 0.29% since the 2020 Census, indicating a growing community.
What is the median household income in Wells County?
The median household income in Wells County is $69,741, which is 6.5% below the national median of $74,580.
Is Wells County growing or shrinking?
Wells County is growing. The population has increased 0.29% since 2020.
What is the housing market like in Wells County?
The median home value in Wells County is $180,000. The housing vacancy rate is 5.4%, which suggests tight market conditions. The unemployment rate is 2.1%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $15,788 per acre. Suburban/urban lots under 1 acre have a median lot price of $52,110.
Does Reelvest buy land in Wells County, Indiana?
Yes! Reelvest Properties buys vacant land throughout Indiana, including Wells 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.