Blackford County, Indiana Housing Market Prices
Blackford County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 88% below the Indiana median Among the top 3 cheapest counties in Indiana$16,458
-
Median rent 34% below the Indiana median Among the top 5 cheapest counties in Indiana$698
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Blackford County | Indiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $16,458 | $142,738 | $248,835 |
| Price Trend (Annual %) | 17.9% | 7.2% | 7.5% |
| Median Gross Rent | $698 | $1,062 | $1,407 |
| Rent Trend (Annual %) | 2.5% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Blackford County is about 88% lower than in Indiana. Rent is about 34% lower than the Indiana average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Blackford County, up about 17.9% and 2.5% a year respectively. Home prices are changing faster.
Median rent in Blackford County rose about 17.8% between 2015 and 2024, from $593 to $698. Over the same span, rent in Indiana rose about 42.6%.
Affordability
On average, housing unit costs 0.3 yearly household incomes in Blackford County.
Buying the median-priced home in Blackford County costs roughly 2.0 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Blackford County. The price-to-rent ratio in Indiana is about 11.2.
| Metric | Blackford County | Indiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $16,458 | $142,738 | $248,835 |
| Median Household Income | $52,492 | $71,967 | $80,455 |
| Price-to-Income Ratio | 0.3 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Blackford County fell about 56.5%, while median household income rose about 20.5% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Blackford County | Indiana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 65.3% | 64.4% | 58.5% |
| Rental Rate | 23.1% | 26.9% | 31.2% |
| Vacancy Rate | 11.6% | 8.8% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Blackford County has a homeownership rate of 65.3%, higher than the Indiana average of 64.4%. Its housing vacancy rate is 11.6%, compared with 8.8% in Indiana.
Housing Stock
| Metric | Blackford County | Indiana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.28 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1962 | 1975 | 1978 |
| Median Number of Rooms | 6.0 | 5.9 | 5.5 |
The typical housing unit in Blackford County was built around 1962. On average, 2.3 people live in a home with about 6.0 rooms, staying for about 17.0 years on average.
Blackford County, IN Housing Compared With Nearby Counties
Blackford County, IN is the smallest of the 6 counties compared here, 11,950 residents against a local median of 36,800. The measure that sets Blackford County, IN apart most is median home price: $16,458, 77% below the local median of $72,934.
Median rent tells the same story from another angle: $698 against a local median of $852, 18% below it. The counties themselves spread $116,020 on median home price, so Blackford County, IN sits at one end of an already wide local range rather than apart from it. Blackford County, IN has the 6th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Blackford County, IN | 11,950 | $16,458 #6/6 | $698 #6/6 | 73.9% #4/6 |
| Delaware County, IN | 112,280 | $72,934 | $905 | 66.5% |
| Wells County, IN | 28,420 | $157,916 | $813 | 75.6% |
| Jay County, IN | 20,223 | $75,839 | $769 | 79.9% |
| Grant County, IN | 66,295 | $45,724 | $852 | 72.7% |
| Huntington County, IN | 36,800 | $41,897 | $878 | 77.4% |
Frequently Asked Questions
Common questions about the housing market in Blackford County, Indiana.
What is the median home price in Blackford County, Indiana?
The median home price in Blackford County, Indiana is $16,458, lower than the Indiana average of $142,738.
What is the average home price in Blackford County, Indiana?
The typical home price in Blackford County, Indiana, reported as the median sale price, is $16,458. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Blackford County, Indiana?
The median gross rent in Blackford County, Indiana is $698 per month, lower than the Indiana average of $1,062.
What was the median gross rent in Blackford County in 2020?
In 2020, the median gross rent in Blackford County, Indiana was $634 per month.
What is the price-to-rent ratio in Blackford County, Indiana?
The price-to-rent ratio in Blackford County, Indiana is about 2.0, meaning it would take roughly 2.0 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Blackford County.
Are home prices or rent rising faster in Blackford County, Indiana?
Both home prices and rent are rising in Blackford County, up about 17.9% and 2.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Blackford County, Indiana?
65.3% of households in Blackford County, Indiana own their home, higher than the Indiana average of 64.4%.
What is the vacancy rate in Blackford County, Indiana?
The housing vacancy rate in Blackford County, Indiana is 11.6%, higher than the Indiana average of 8.8%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →