Redkey, IN housing market
The typical Redkey home is worth about $137,000, up 3.4% in a year, 47% below the Indiana typical home.
Home values, sales, trends and how Redkey compares with the towns next door — updated as new data is published.
Redkey at a glance
Typical home value, 2016–2026
Show as a table
| January | Redkey | Indiana |
|---|---|---|
| 2017 | $66,000 | $135,000 |
| 2018 | $69,000 | $144,000 |
| 2019 | $71,000 | $154,000 |
| 2020 | $75,000 | $164,000 |
| 2021 | $86,000 | $183,000 |
| 2022 | $99,000 | $209,000 |
| 2023 | $107,000 | $227,000 |
| 2024 | $118,000 | $237,000 |
| 2025 | $130,000 | $249,000 |
| 2026 | $136,000 | $256,000 |
| August 2026 | $137,000 | $260,000 |
3.2 years of income
The typical Redkey home costs about 3.2 years of the town's median household income, less than across Indiana (3.6 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $990
HUD's Fair Market Rent for a two-bedroom in Redkey is $990 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Redkey pay a median of $905. A two-bedroom takes about 28% of the town's median household income.
Studio $710 · 4 bedrooms $1,310
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (47373; Jay County, IN), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.