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Homes for sale in New Chicago, Indiana

New Chicago is a town of about 2,000 residents located in eastern Lake County, Indiana. This small town shares a border with Lake Station and Hobart, Indiana. The town is located about 40 miles from the Chicago Loop. New Chicago residents have easy access to nearby interstates and the South Shore Commuter Railline.

New Chicago is primarily a residential community. Residents likely go to the nearby cities of Portage, Hobart, or Merrillville for shopping and other needs. For recreation residents can enjoy nearby parks, the Indiana National Lakeshore, of the Dunes National Park. Students in New Chicago attend River Forest Schools.

New Chicago Real Estate Trends

Over 99% of homes for sale in New Chicago, IN are single family homes. Property for sale in New Chicago, Indiana has an average sale price of $73,218. This is only about one-third of the price for the greater Northwest Indiana region. New Chicago real estate is likely underpriced at this time. The average days on market for New Chicago realty for sale is 50 days. This is well-below the average for the area. This indicates New Chicago houses are in demand and are likely to increase in value over the near term.

Median listing price in New Chicago, Indiana: $69,900

Median price per square foot in New Chicago, Indiana: $95.24

Median home value in New Chicago, Indiana: $70,000

Number of homes sold in New Chicago, Indiana: About 10 to 15 per year

New Chicago, Indiana area code: 219

New Chicago, Indiana zip code: 46342

Quadwalls.com features all of the homes for sale in New Chicago, Indiana. We update the New Chicago real estate listings several times each day. Start searching on our website today!

New Chicago homes for sale in different price range