Michigan City, IN Home Values & Market Trends
Real estate market trends reflect that there have been 640 transactions over the past year in Michigan City. The median value for residential home transactions that occurred over the previous year is $200,521. The number of current listings in Michigan City is 494, and the percentage of properties for sale in the city is 494.00%. Michigan City, IN currently has 39 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 494 properties for sale.
Michigan City, IN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 46360 | $ 221,221 $ 158/sqft |
Housing Market Summary for Michigan City, IN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $179.9K | $260K | 44.52% |
| Median Sold Price | $179.9K | $206.7K | 14.92% |
| Homes For Sale | 324 | 488 | 50.62% |
| Homes Sold | 321 | 172 | -46.42% |
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 Michigan City, IN
Browse Homes in Michigan City, IN
Michigan City home values range from $24,000 to $3,306,276. The median estimated value of a home in Michigan City is $200,521. The median list price of a home is 260,000, and the total count of properties in the city is 738.
- Pre-ForeclosurePre-foreclosure homes account for 5.01% of all residential properties in Michigan City, IN with 46360 containing 42 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Michigan City, IN; of that zips, the estimated home value for pre-foreclosure homes ranges from $756,983 in 46360 to the lowest home value of $53,483 in 46360.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Michigan City, IN ranges from the highest value of $742,225 in 46360 to the lowest value of $124,900 in 46360. Bank owned homes and properties account for 0.14% of properties in Michigan City, IN. There is 1 zips within Michigan City, IN; 46360 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions46360 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Michigan City, IN. Auction homes and other auction properties account for 0.14% of all properties in Michigan City, IN. There is 1 zips within Michigan City, IN; of that zips, the median estimated home value for homes going to auction ranges from $148,143 in 46360 to the lowest value of $148,143 in 46360.
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Guide for Michigan City, 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.
