Lake County, IN Real Estate Market Trends & Home Values

Lake County, IN Market Overview

The median home price in Lake County, IN, is $175,804. There were 7,725 home sales in Lake County, IN over the past 12 months. The median residential Lake County, IN home value for transactions over the previous year is $236,566. The number of current listings in Lake County, IN is 454, and the percentage of properties for sale is 43.0%. The county has 601 foreclosures, 8 bank owned properties, 106 headed for auction, and 454 properties for sale.

Lake County, IN Home Values

$175,804

Lake County, IN, home values range from $10,057 to $12,028,494. Saint John is the priciest city with a median listing home price of $549,900, and Gary is most affordable with average house prices of around $92,500.

Lake County, IN Real Estate Market Overview

Lake County, IN Foreclosures Market Overview

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City	Median Est. Value
Crown Point	$235,750 $129.00/sqft
Highland	$223,250 $153.50/sqft
Griffith	$189,375 $126.00/sqft
Lowell	$183,000 $139.00/sqft
Merrillville	$176,375 $105.50/sqft
Hobart	$160,250 $110.00/sqft
Hammond	$114,625 $105.00/sqft
Lake Station	$81,804 $83.00/sqft
East Chicago	$66,312 $55.00/sqft
Gary	$47,470 $39.00/sqft

There are 20 cities within Lake County, IN; within these cities, the median estimated home value for homes in foreclosure ranges from $574,387 in Schererville to the lowest value of $15,048 in Gary. Foreclosure homes account for 0.35% of properties in Lake County, IN with Gary containing 117 foreclosures, the highest number of foreclosure properties in a single city.