Land and home values in Hendricks County, Indiana
Hendricks County (metro core, Indianapolis-Carmel-Greenwood, IN) covers 407 square miles and 31 census tracts. Residential land is about $5.64 per sq ft at the county median, from $3.39 in its most rural tracts to $7.61 in its most valuable. The typical home is worth about $343,000 and a 2-bedroom rents for about $1,720 a month, as of October 12, 2026.
Open on the satellite mapAll of IndianaCounty values
| Land: residential | $5.64 | per sq ft |
| Land: residential | $245,809 | per acre |
| Land: quarter-acre lot | $61,452 | 10,890 sq ft |
| Land: farmland | $11,200 | per acre |
| Home: typical (median) | $343,000 | value |
| Home: entry-level | $258,000 | lower quartile |
| Home: upper-end | $448,000 | upper quartile |
| Build new | $194 | per sq ft, no land |
| Rent: 1-bedroom | $1,470 | per month |
| Rent: 2-bedroom | $1,720 | per month |
| Rent: 3-bedroom | $2,220 | per month |
| Rent: 4-bedroom | $2,720 | per month |
| Gross yield, 2-bed | 6.0% | a year |
Price tiers
| Tier | Tracts | Land $/sq ft | Typical home | Rent 2-bed |
|---|---|---|---|---|
| Upper | 17 | $6.54 | $366,000 | $1,710 |
| Mid | 14 | $4.96 | $262,000 | $1,750 |
Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.
Cities and towns
Highest-value places
| Place | Type | Land $/sq ft | Typical home |
|---|---|---|---|
| Cadence | Subdivision | $6.90 | $384,000 |
| Belle Arbor | Subdivision | $6.90 | $384,000 |
| Oakdale | Subdivision | $6.90 | $385,000 |
| Hession Fields | Subdivision | $6.74 | $356,000 |
| Windridge Chase | Subdivision | $6.73 | $397,000 |
| Lake Ridge | Subdivision | $6.73 | $357,000 |
| Easton Grey | Subdivision | $6.54 | $366,000 |
| The Oaks at Windridge | Subdivision | $6.44 | $366,000 |
Questions people ask
How much is land worth in Hendricks County, IN?
Residential land in Hendricks County, IN is about $5.64 per square foot, or $245,809 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $61,452. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Hendricks County, IN?
The typical (median) home in Hendricks County, IN is worth about $343,000, with entry-level homes around $258,000 and upper-end homes around $448,000, as of October 2026.
How much is rent in Hendricks County, IN?
A 2-bedroom rents for about $1,720 a month in Hendricks County, IN, a 1-bedroom about $1,470 and a 3-bedroom about $2,220 (gross rent including utilities, HUD Fair Market Rent basis).
How much is farmland per acre in Hendricks County, IN?
Farmland averages about $11,200 an acre in Hendricks County, IN (USDA, including buildings), well below residential land.
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.