Lake Station, IN Home Values & Market Trends
Real estate market trends reflect that there have been 253 transactions over the past year in Lake Station. The median value for residential home transactions that occurred over the previous year is $179,900. The number of current listings in Lake Station is 163, and the percentage of properties for sale in the city is 163.00%. Lake Station, IN currently has 24 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 163 properties for sale.
Lake Station, IN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 46405 | $ 179,900 $ 148/sqft |
Housing Market Summary for Lake Station, IN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $164.9K | $106K | -35.74% |
| Median Sold Price | $173.8K | $148.9K | -14.28% |
| Homes For Sale | 135 | 159 | 17.78% |
| Homes Sold | 105 | 73 | -30.48% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lake Station, IN
Browse Homes in Lake Station, IN
Lake Station home values range from $45,524 to $317,475. The median estimated value of a home in Lake Station is $179,900. The median list price of a home is 110,000, and the total count of properties in the city is 281.
- Pre-ForeclosurePre-foreclosure homes account for 7.12% of all residential properties in Lake Station, IN with 46405 containing 20 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lake Station, IN; of that zips, the estimated home value for pre-foreclosure homes ranges from $303,206 in 46405 to the lowest home value of $104,333 in 46405.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lake Station, IN ranges from the highest value of $75,000 in 46405 to the lowest value of $75,000 in 46405. Bank owned homes and properties account for 0.36% of properties in Lake Station, IN. There is 1 zips within Lake Station, IN; 46405 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions46405 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Lake Station, IN. Auction homes and other auction properties account for 1.07% of all properties in Lake Station, IN. There is 1 zips within Lake Station, IN; of that zips, the median estimated home value for homes going to auction ranges from $168,470 in 46405 to the lowest value of $126,056 in 46405.
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Guide for Lake Station, IN
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
