Lake County, IN Home Values & Market Trends
The median home price in Lake County, IN is $215,023.19. There were 8,750 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 $77,747.278. The number of current listings in Lake County, IN is 549, and the percentage of properties for sale is 549.00%. The county has 646 foreclosures, 49 bank owned properties, 141 headed for auction, and 549 properties for sale.
Lake County, IN Real Estate Market Overview
City | Median Est. Value | City | Median Est. Value |
---|---|---|---|
Gary | $ 97,500 $ 67/sqft | Schererville | $ 336,598 $ 160/sqft |
Crown Point | $ 331,850 $ 161/sqft | Cedar Lake | $ 299,000 $ 160/sqft |
Hammond | $ 158,611 $ 117/sqft | Highland | $ 232,761 $ 153/sqft |
Saint John | $ 443,734 $ 196/sqft | Griffith | $ 239,929 $ 132/sqft |
Hobart | $ 207,000 $ 131/sqft | East Chicago | $ 115,499 $ 69/sqft |
Munster | $ 340,000 $ 158/sqft | Lake Station | $ 139,900 $ 139/sqft |
Merrillville | $ 228,683 $ 133/sqft | Whiting | $ 168,890 $ 112/sqft |
Lowell | $ 302,750 $ 168/sqft | Schneider | $ 173,350 $ 129/sqft |
Dyer | $ 332,659 $ 164/sqft | Shelby | $ -- $ -- |
Housing Market Summary for Lake County, IN
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $214.7K | $205.3K | -4.40% |
Median Sold Price | $215.8K | $205.3K | -4.87% |
Homes For Sale | 442 | 517 | 16.97% |
Homes Sold | 2,969 | 5,235 | 76.32% |
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 County, IN
Browse Homes in Lake County, IN
Lake County, IN home values range from $14,483 to $13,580,654. Saint John is the priciest city with a median listing home price of $559,900, and Gary is most affordable with average house prices of around $129,450.
- Pre-ForeclosurePre-foreclosure homes account for 0.26% of all residential properties in Lake County, IN with Hammond containing 67 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 18 cities within Lake County, IN; of those cities, the estimated home value for pre-foreclosure homes ranges from $362,000 in Schererville to the lowest home value of $28,912 in Gary.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lake County, IN ranges from the highest value of $180,397 in Schererville to the lowest value of $21,900 in Gary. Bank owned homes and properties account for 0.03% of properties in Lake County, IN. There are 18 cities within Lake County, IN; Gary containing 22 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsGary has 35 auction properties, the highest number of properties going to auction in a single city in the state of Lake County, IN. Auction homes and other auction properties account for 0.08% of all properties in Lake County, IN. There are 18 cities within Lake County, IN; of those cities, the median estimated home value for homes going to auction ranges from $282,664 in Munster to the lowest value of $30,983 in Munster.
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More Real Estate Resources for Lake County, IN
Guide for Lake County, IN
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Information on foreclosure financing, refinancing, and foreclosure mortgages.