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East Chicago is a city of about 30,000 residents located in extreme northwest Northwest Indiana. The city’s western border is just two miles from the Indiana-Illinois state line and the start of Chicago city limits. East Chicago is a major industrial town with much of its area zoned for heavy industry.
Over 97% of the property for sale in East Chicago, Indiana are single family homes. The remainder of realty sold are duplexes. There is a high amount of houses for rent in East Chicago. The high amount of renters in the area indicate there are opportunities for real estate investors.
The East Chicago housing market is doing well. Because the area is heavily industrialized, the average home sale price is far below that of other areas in Northwest Indiana. Houses for sale in East Chicago, Indiana have an average sale price of $85,157. However, these same houses had an average days on the market of 48 days. This is 20% less than the average for the Northwest Indiana combined area. This indicates there is strong demand for property for sale in East Chicago, IN. It also indicates home prices are probably too low and additional real estate appreciation will continue in the area.
Quadwalls.com features all of the homes for sale in East Chicago, Indiana. We update the East Chicago real estate listings several times per day. Start searching on Quadwalls.com today! Once you find a home you like, our agents are ready to help you.
