Real Estate Investing in Parke County, Indiana

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

4 ZIP codes • Population: 13,729

Should you buy in Parke County, IN? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (73/100)

Solid choice β€” values are growing steadily and the market is stable enough to buy with confidence.

πŸ“ˆ For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 23.4% of homes vacant β€” above national norms.

What’s happening in Parke County, IN?

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3.0/ 5

Investability

County-wide average

4.0/ 5

Appreciation

8.0% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $187,813
Avg Monthly Rent $909
ZIP Codes 4

Investing in Parke County Real Estate

Parke County spans 4 ZIP codes across 4 cities in Indiana, with a population of 13,729. The county's underwhelming investment metrics reflect deeper structural challenges β€” worth studying before making commitments.

The investment case for Parke County is difficult to make on screen data alone. a harder case for a 3.0 rating and cap rates that appear attractive only until real vacancy is underwritten.

Demographics in Parke show real pressure β€” $N/AK median income is tepid relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Parke County, IN. Anonymous, moderated, never written by AI.

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Avg Home Value
$187,813
Avg Monthly Rent
$909
1% Rule
βœ— Below
Landlord Friendly (IN)
β˜…β˜…β˜…β˜…β˜…

πŸ“‰ Market Crash Risk Index

Based on Terre Haute, IN metro

3/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
60%
Days Pending
1/2
48 days

View all metro crash risk rankings β†’

Cities in Parke County

ZIP Codes in Parke County, IN

Screen every market in Parke County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Parke County

What are home prices like in, IN?

The median home value in, IN is roughly $188K. That puts it reasonable relative to the IN statewide average.

How much is rent in, IN?

, IN rentals go for roughly $909/mo a month. That puts gross yield in solid territory relative to $188K acquisition costs.

Is IN a landlord-friendly state?

Landlord-friendliness in, IN is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.

Is investability higher in, IN than across IN?

Versus statewide IN, is broadly in line with. Its 3.0/5 investability score reflects that position.

Community Ratings

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