Market Update
Northwest Indiana
Q2 2026
Residential Property Snapshot
Single Family Homes & Condos | Q2 2026
Med. Sales Price
$285k
10% more than in
Q2 2025
Q2 2025
Avg. Days On Market
38
7% fewer than in
Q2 2025
Q2 2025
Closed Sales
3,398
2% fewer than in
Q2 2025
Q2 2025
Inventory
2,352
5% more than in
Q2 2025
Q2 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q2 '22 | $240k | $277k | 3720 |
| Q2 '23 | $248k | $274k | 3251 |
| Q2 '24 | $255k | $293k | 3323 |
| Q2 '25 | $260k | $304k | 3458 |
| Q2 '26 | $285k | $331k | 3398 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $250k | 40.3% |
|---|---|
| Q2 '26 | 1371 |
| Q2 '25 | 1609 |
| 1YR CHANGE | -15% |
| Closed $250k - $500k | 46.1% |
| Q2 '26 | 1565 |
| Q2 '25 | 1477 |
| 1YR CHANGE | +6% |
| Closed $500k - $750k | 9.5% |
| Q2 '26 | 323 |
| Q2 '25 | 253 |
| 1YR CHANGE | +28% |
| Closed Over $750k | 4.1% |
| Q2 '26 | 139 |
| Q2 '25 | 119 |
| 1YR CHANGE | +17% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q2 '22 | 21 | $240k |
| Q2 '23 | 34 | $248k |
| Q2 '24 | 35 | $255k |
| Q2 '25 | 41 | $260k |
| Q2 '26 | 38 | $285k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q2 2026
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'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
5%
New Listings
New Listings represents the number of properties listed during the quarter.
5%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
6%
Closed Sales
-2%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
-7%
Beverly Shores
Median
$659k
DOM
9
Sales
5
Inv
7
Chesterton
Median
$385k
DOM
60
Sales
55
Inv
32
Crown Point
Median
$380k
DOM
44
Sales
107
Inv
70
Culver
Median
$374k
DOM
118
Sales
16
Inv
9
Dune Acres
Median
$1.65m
DOM
21
Sales
4
Inv
1
Dyer
Median
$356k
DOM
38
Sales
45
Inv
15
Gary
Median
$130k
DOM
51
Sales
214
Inv
233
Hammond
Median
$200k
DOM
30
Sales
161
Inv
57
La Porte
Median
$183k
DOM
40
Sales
67
Inv
45
Merrillville
Median
$254k
DOM
46
Sales
88
Inv
58
Michigan City
Median
$211k
DOM
29
Sales
86
Inv
90
Mishawaka
Median
$235k
DOM
25
Sales
162
Inv
49
Munster
Median
$384k
DOM
42
Sales
76
Inv
51
Ogden Dunes
Median
$445k
DOM
65
Sales
14
Inv
7
South Bend
Median
$190k
DOM
24
Sales
397
Inv
226
St. John
Median
$486k
DOM
40
Sales
118
Inv
124
Valparaiso
Median
$363k
DOM
39
Sales
112
Inv
82