Houses For Sale in Lake County Indiana

Lake County is located is the northwestern most county in Indiana, and it borders Illinois and the Chicago city limits. The population of Lake County, Indiana is 498,550 people. Many of the largest cities in Northwest Indiana are located in Lake County. Some of these include Hammond, Gary, and Crown Point. Lake County also has several small towns like Lowell and Winfield.

Lake County Real Estate

The Lake County real estate market is more diverse than other areas of Northwest Indiana. This is due to the fact Lake County has some of the most sparsely populated and most densely populated cities and towns in Northwest Indiana.

Homes for sale in Lake County Indiana have a wide price spectrum. Currently, there are about 1,100 Lake County homes for sale. The median list price as of late 2022 was $284,900. This means half of the homes for sale in Lake County Indiana are listed for less than that and half are listed for more than that.

Houses for Sale in Lake County Indiana

About 90% of the Lake County homes for sale are houses. Houses for sale in Lake County typically have three bedrooms, two bathrooms, and 1,900 to 2,100 finished square feet. There are smaller and larger homes though, too.

Houses in Lake County range in ages, too. Homebuyers will find houses for sale in Lake County Indiana from as long ago as the 1870s through to new construction built today.

The price of houses for sale in Lake County Indiana vary depending on many factors. This includes its location, size, features, and age. Through late 2022 the median sale price for a house in Lake County, Indiana was $273,086, and the average sale price was $240,000.

Condos for Sale in Lake County Indiana

Condo homes for sale Lake County Indiana account for about 5% of the homes for sale. Recently, the median list price for a condo for sale in Lake County Indiana was $260,000. The average list price was $285,057.

Lake County Indiana condos for sale typically have two bedrooms, two bathrooms, and about 1,400 finished square feet. There are luxury condos though, too.

Duplexes and Townhomes for Sale in Lake County Indiana

It’s typically for duplexes and townhomes to make up about 10% of the homes for sale in Lake County Indiana. Recently, the median list price of a duplex or townhome for sale in Lake County Indiana was $300,063. These homes typically had two or three bedrooms, two bathrooms, and 1,600 to 1,700 finished square feet.

Through late 2022 half-duplexes and townhomes for sale in Lake County Indiana had an average sale price of $260,150. During this same time the median sale price for half-duplexes and townhomes in Lake County Indiana was $255,000.

Median List Price Lake County, Indiana: $183,000

Median Price per Square Foot in Lake County, Indiana: $103.17

Sale/List Price in Lake County, Indiana: 97.7%

Median Home Prices in Lake County, Indiana by Home Size:

• 1 Bedroom – $63,500
• 2 Bedroom – $93,000
• 3 Bedroom – $169,000
• 4 Bedroom – $259,900
• 5+ Bedrooms – $300,000

Median Home Value in Lake County, Indiana: $184,700

Median Home Values by City in Lake County, Indiana:

• Crown Point – $255,000
• East Chicago – $85,000
• Gary – $40,000
• Griffith – $160,000
• Highland – $179,900
• Lowell – $206,900
• Hammond – $110,000
• Hobart – $150,000
• Lake Station – $75,000
• Merrillville – $157,000
• Munster – $237,900
• New Chicago – $61,500
• Whiting – $144,500
• Cedar Lake – $219,000
• Dyer – $248,000
• Schererville – $243,750
• Schneider – $114,000
• St. John – $329,995

Number of Homes Sold in Lake County, Indiana: 5,382

Top 10 Real Estate Markets in Lake County, Indiana:

1. New Chicago: Average purchase price, $60,251; Average days on market, 34
2. Highland: Average purchase price, $182,822; Average days on market, 40
3. Griffith: Average purchase price, $167,316; Average days on market, 42
4. Whiting: Average purchase price, $143,211; Average days on market, 44
5. Hammond: Average purchase price, $110,034; Average days on market, 46
6. East Chicago: Average purchase price, $82,248; Average days on market, 48
7. Schererville: Average purchase price, $260,823; Average days on market, 51
8. Hobart: Average purchase price, $161,563; Average days on market, 53
9. Merrillville: Average purchase price, $159,451; Average days on market, 53
10. Munster: Average purchase price, $262,520; Average days on market, 56

Population in Lake County, Indiana: 496,005

Lake County Area Code: 219

Lake County Zip Codes:

46307, 46308, 46320, 46312, 46327, 46394, 46401, 46403, 46405, 46407, 46409, 46402, 46404, 46406, 46408, 46319, 46406, 46322, 464323, 46356, 46320, 46323, 46324, 46325, 46327, 46394, 46342, 46410, 46403, 46405, 46307, 46342, 46375, 46410, 46411, 46321, 46342, 46394, 46303, 46311, 46307, 46319, 46373, 46375, 46376

Lake homes for sale in different price range