House Prices

House Prices & Home Values Redkey, IN 2026


Average Data

average house price$130,445
average size per house1597 ft²
average price per ft²82 $ / ft²

04/15/2026 - The value range (VR) for house prices in Redkey, IN is $63/ sqft to $63/ sqft. An average home with 1597 sqft costs approximately $100,611 to $100,611. Redkey, IN includes 1 ZIP codes and it is located in Jay county. The lowest prices are found in ZIP 47373, while the highest are in ZIP 47373. The average price per sqare feet is $82. Our analysis is based on 2 property listings.

Avergage prices by ZIP codes Redkey

4737362 $ / ft²




Historical development of home values in Redkey

Year Estimated value (USD) Change vs. 2025
2010 $60,581 -53.6%
2011 $58,238 -55.4%
2012 $58,082 -55.5%
2013 $60,252 -53.8%
2014 $63,248 -51.5%
2015 $66,495 -49.0%
2016 $69,965 -46.4%
2017 $73,741 -43.5%
2018 $77,818 -40.3%
2019 $81,426 -37.6%
2020 $85,636 -34.4%
2021 $97,401 -25.3%
2022 $113,548 -13.0%
2023 $119,741 -8.2%
2024 $126,669 -2.9%
2025 $130,445 0.0%

Graph: estimated home values in Redkey over time (USD)



Example: 100% financing house in Redkey

Loan amount: $130,445

Interest rate: 6.00%

Fixed monthly payment: $782.08

Breakdown in the 1st month:
Interest portion: $652.23  –  Principal portion: $129.86

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $7,783.12 $1,601.88 $128,843.12
2 $7,684.32 $1,700.68 $127,142.44
3 $7,579.43 $1,805.57 $125,336.87
4 $7,468.07 $1,916.94 $123,419.93
5 $7,349.83 $2,035.17 $121,384.76
6 $7,224.31 $2,160.70 $119,224.06
7 $7,091.04 $2,293.96 $116,930.10
8 $6,949.55 $2,435.45 $114,494.65
9 $6,799.34 $2,585.66 $111,908.98
10 $6,639.86 $2,745.14 $109,163.84
11 $6,470.55 $2,914.46 $106,249.39
12 $6,290.79 $3,094.21 $103,155.18
13 $6,099.95 $3,285.06 $99,870.12
14 $5,897.33 $3,487.67 $96,382.45
15 $5,682.22 $3,702.78 $92,679.67
16 $5,453.84 $3,931.16 $88,748.50
17 $5,211.38 $4,173.63 $84,574.87
18 $4,953.96 $4,431.05 $80,143.82
19 $4,680.66 $4,704.35 $75,439.48
20 $4,390.50 $4,994.50 $70,444.98
21 $4,082.45 $5,302.55 $65,142.43
22 $3,755.40 $5,629.60 $59,512.83
23 $3,408.18 $5,976.82 $53,536.01
24 $3,039.55 $6,345.46 $47,190.55
25 $2,648.17 $6,736.83 $40,453.72
26 $2,232.66 $7,152.35 $33,301.37
27 $1,791.52 $7,593.49 $25,707.89
28 $1,323.17 $8,061.84 $17,646.05
29 $825.93 $8,559.07 $9,086.98
30 $298.03 $9,086.98 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Redkey, IN


1500 sqft3900 sqft
Ø selling price$148,830$316,602
Ø fast selling$135,300$284,942
Ø high price sale$162,360$348,263

In 2026, houses in Redkey, IN will be offered at an average price of $82 per square foot. A 1,500 sqft home priced at $148,830 is 22.47% more expensive per square foot than a 3,900 sqft home priced at $316,602. Home prices in Redkey, IN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $219,187. Sellers who can wait longer may achieve a higher price of up to $267,895.


Discover Redkey, Indiana

Overview

Nestled in Jay County, Redkey, Indiana is a small town known for its friendly community and historic character.
Positioned along State Road 1 and State Road 67, the town offers convenient access to Muncie, Portland, and other East Central Indiana destinations. Visitors and residents appreciate the quiet streets, affordable cost of living, and walkable downtown.

History and Things to Do

Redkey flourished during the Indiana Gas Boom of the late 19th century, leaving a legacy of brick storefronts and Victorian-era architecture.
The town?s historic core and landmarks, including restored facades and a former opera house site, reflect that heritage. Antique shops, local eateries, and community events give downtown Redkey a unique, small-town charm. Popular things to do in Redkey, IN include browsing antiques, attending seasonal festivals, and exploring nearby parks and country roads.

Living and Access

Families considering Redkey, IN real estate will find modest homes, large lots, and a market that often delivers strong value.
Entrepreneurs benefit from a supportive town culture, regional workforce connections, and visibility from two state highways. Whether you are planning a day trip or a move, Redkey, IN offers history, affordability, and genuine Hoosier hospitality.



FAQ – Home Values in Redkey

What is the median home value in Redkey in 2026?

In 2026, the typical home value in Redkey is about $130,445 for an average home size of 1597 square feet. This corresponds to an average price of roughly $82 per square foot.

What is the average cost per square foot in Redkey?

In 2026, homes in Redkey sell for an average of around $82 per square foot, with a typical range between $63 and $63 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Redkey is about 1597 square feet, with an estimated 2026 value around $130,445.



Locations close to Redkey, IN

Richmond, IN73 $ / ft²
Ridgeville, IN46 $ / ft²
Salamonia, IN39 $ / ft²
Portland, IN75 $ / ft²
Pennville, IN55 $ / ft²
Parker City, IN125 $ / ft²
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