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Homes for sale in Lake Station, Indiana

Lake Station is a town of about 12,000 residents located in northeast Lake County, Indiana. The town borders the larger cities of Portage, Gary, and Hobart. Lake Station is generally a residential community. The town is located about 35 miles southeast of Chicago. Interstates 80, 90, and 94 as well as the South Shore Commuter Railline pass through or nearby Lake Station.

Lake Station hosts several events throughout the year. Fuzz Follies is a large regional car show held each year since 1984. Lake Station also hosts a Heritage Days festival and a Septemberfest festival. Each of these is held at the Riverview Park.

Lake Station Real Estate Trends

The Lake Station real estate market is doing well. Over 99% of property for sale in Lake Station, Indiana are single family homes. Houses for sale in Lake Station, Indiana have an average sale price of $81,041. This is far below the average for the greater Northwest Indiana region of $206,000. However, there is demand for Lake Station realty. The average days on market for Lake Station homes is 51 days. This, too, is far below the Northwest Indiana average. This indicates Lake Station housing is in high demand and prices will likely increase during the next 12 months.

Median list price in Lake Station, Indiana: $78,500

Median price per square foot in Lake Station, Indiana: $70.79

Median home value in Lake Station, Indiana: $74,000

Number of homes sold in Lake Station, Indiana: About 160 per year

Lake Station, Indiana area code: 219

Lake Station, Indiana zip code: 46405

You can search for homes for sale in Lake Station, Indiana on our website. Quadwalls.com features Lake Station real estate, and we update these listings several times each day. Start your search today with Quadwalls.com. Our agents are ready to help you!

Lake Station homes for sale in different price range