Real Estate Investing in Sullivan County, Indiana

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

7 ZIP codes • Population: 17,828

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

🏠 For Homebuyers
GOOD FIT
Grade B (72/100)

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

πŸ“ˆ For Investors
MIXED
3.3 / 5 (56/100)

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: 12.9% of homes vacant β€” above national norms.

What’s happening in Sullivan County, IN?

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3.3/ 5

Investability

County-wide average

3.0/ 5

Appreciation

5.6% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $148,089
Avg Monthly Rent $975
ZIP Codes 7

Investing in Sullivan County Real Estate

Sullivan County is one of those Indiana regions where numbers warn before they reward. 7 cities, 17,828 residents, and a rating that reflects material risk.

A 3.3 rating and a 0.0% 5-year CAGR are the kinds of numbers that warrant real local underwriting. Sullivan County sits firmly in that category.

Demographics in Sullivan show real pressure β€” $N/AK median income is thin 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 Sullivan County, IN. Anonymous, moderated, never written by AI.

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Avg Home Value
$148,089
Avg Monthly Rent
$975
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 Sullivan County

ZIP Codes in Sullivan County, IN

Screen every market in Sullivan 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 Sullivan County

Which real estate strategy fits, IN?

For, IN, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

How tight is the rental market in, IN?

, IN sees elevated vacancy, which is reasonable relative to the broader IN rental market.

How much does a house cost in, IN?

The median home value in, IN is roughly $148K. That puts it reasonable relative to the IN statewide average.

How does, IN rank within IN?

Versus statewide IN, is broadly in line with. Its 3.3/5 investability score reflects that position.

Community Ratings

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