Real Estate Price Maphome prices by county

Parke County, IN home prices

Parke County, IN: the typical home is worth $221,607 as of 2026-05, up +8.6% over the past year and n/a since 2000. Listings run about $190/sq ft. Rent…

Data as of · by the Real Estate Price Map data team · methodology & sources

Parke County is cooling and undervalued — very affordable for what people here earn.

Momentum+8.6%Cooling
Valuation-17%Undervalued
Affordability9/10Very affordable
Market54 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

2000: $88,344 → 2026: $221,607 (2.5×)

Typical value$221,6072026-05
1-year+8.6%
5-year+48.1%
10-year+123.8%
Since 2000n/a
Population16k2024
Median income$70,9892023 · 3.1× income
New homes/yr652024
Price / sq ft$190listings
Days on market542026-06
Active listings492026-06
Price cuts19%of listings

Market read

At $221,607, homes in Parke County sit 5% below the Indiana median ($234,016) and 5% below the US median ($233,954). That ranks #56 of 92 Indiana counties by price.

Prices are climbing fast (+8.6% in the last year) — a seller's market.

Homes here move at a steady pace — a median 54 days on the market, with 19% of listings cutting their asking price.

At 3.1× local income, that's more affordable than the typical US county (~3.8×).

Against the typical US price-to-income and price-to-rent, homes here look ~17% cheap for local incomes and rents — a relative bargain.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Vermillion County, IN ($137,663) · Putnam County, IN ($272,327) · Fountain County, IN ($197,989) · Montgomery County, IN ($224,004) · Vigo County, IN ($161,420) · Clay County, IN ($183,794)

Frequently asked questions

What is the average home price in Parke County, IN?
The typical home in Parke County is worth $221,607 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Parke County rising or falling?
Prices are up +8.6% over the past year and n/a since 2000 — a seller's market.
Is Parke County affordable?
At 3.1× the local median income of $70,989, Parke County is more affordable than the typical US county.
How fast do homes sell in Parke County?
Homes here take a median of 54 days to sell, with 19% of listings cutting their asking price.
Median home value by year
YearMedian home value
2012$88,344
2013$92,567
2014$92,471
2015$96,893
2016$99,027
2017$100,421
2018$106,562
2019$114,534
2020$124,752
2021$140,464
2022$163,397
2023$173,031
2024$185,119
2025$201,413
2026$215,832