Redkey, Indiana.
Typical home $131,043 (+3.6% in a year).
to buy the typical home at today's mortgage rate — +$427 (+164%) since Jan 2020.
- 1 year
- Up $4,549 +4%
- $126,494$131,043 since Sep 2025
- 5 years
- Up $40,393 +45%
- $90,650$131,043 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Redkey$688
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 9 years.
Typical home values in Redkey, IN rose 3.6% over the past year — faster than the nation's +1.2%.
Living in Redkey, Jay County, Indiana
Redkey is a town of 1,100 people in Jay County. 74% of its homes are lived in by their owners and 26% are rented. Unemployment in Jay County was 3.1% in August 2026, and the county had 1.1% fewer jobs in 2025 than the year before. The most people in Jay County work in manufacturing, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Redkey is a small town in Jay County, Indiana, where most homes are lived in by their owners. Few adults hold a four-year degree, and the typical commute is a fairly long one for a place this size. Winters are cold, with a fair amount of snow, and summers are warm.
Work. Residents work mainly in manufacturing, in schools, hospitals and social care, in the building trades and in shops. Across Jay County, the largest workplaces include Mexican Original Portland Plnt, Jay School and Ardagh Glass Packaging Dunkirk. Unemployment across the county is a little lower than it was a year ago, though the county has slightly fewer jobs than the year before.
Things to do. Brooks Creek and Halfway Creek, both rivers, are a short drive away. A longer drive leads to Mounds State Park, a protected area, and to Minnetrista, a botanical garden. The Mississinewa River is also a longer drive away.
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- 451households
- 10%of adults have a degree
- 26 mintypical commute
- 6%work from home
What people in Jay County work in
Employed residents by industry, from the Census survey. Jay County had 6,950 jobs in 2025, 1.1% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 35° and lows near 18°; warmest in July, with highs near 84° and lows near 62°. About 21 inches of snow and 41 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Farmland Nnw weather station, 6 miles away (NOAA).
Largest workplaces in Jay County
- Mexican Original Portland PlntTortilla manufacturing562
- Jay School CorporationSchool district451FTE
- Ardagh Glass Packaging DunkirkGlass packaging containers manufacturing400
- WalmartWarehouse clubs and supercenters255
- IU Health JAY HospitalCritical access hospital190FTE
- Portland Forge - PortlandForgings made from purchased iron or steel, unfinished133
- Priority PlasticsBottles, plastics, manufacturing124
- Magnolia Health Management XXIVNursing homes118
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 23 workplaces with 20 or more staff, 2,411 people in all across the county; Redkey has none of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windRelatively moderate
- TornadoesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Redkey’s census tracts, against the rest of the country; all of them together, very low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Jay County.
Redkey home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Redkey$131,043
- Indiana$257,165
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a Redkey address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Redkey — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.