Market Update
Northwest Indiana
Q3 2026
Residential Property Snapshot
Single Family Homes & Condos | Q3 2026
Med. Sales Price
$291k
3% more than in
Q3 2025
Q3 2025
Avg. Days On Market
35
3% more than in
Q3 2025
Q3 2025
Closed Sales
3,266
7% fewer than in
Q3 2025
Q3 2025
Inventory
2,637
0% change from
Q3 2025
Q3 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q3 '22 | $245k | $278k | 3977 |
| Q3 '23 | $245k | $283k | 3194 |
| Q3 '24 | $270k | $304k | 3429 |
| Q3 '25 | $283k | $319k | 3514 |
| Q3 '26 | $291k | $340k | 3266 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $250k | 38.4% |
|---|---|
| Q3 '26 | 1254 |
| Q3 '25 | 1425 |
| 1YR CHANGE | -12% |
| Closed $250k - $500k | 47.3% |
| Q3 '26 | 1546 |
| Q3 '25 | 1679 |
| 1YR CHANGE | -8% |
| Closed $500k - $750k | 9.5% |
| Q3 '26 | 311 |
| Q3 '25 | 295 |
| 1YR CHANGE | +5% |
| Closed Over $750k | 4.7% |
| Q3 '26 | 155 |
| Q3 '25 | 115 |
| 1YR CHANGE | +35% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q3 '22 | 22 | $245k |
| Q3 '23 | 29 | $245k |
| Q3 '24 | 31 | $270k |
| Q3 '25 | 34 | $283k |
| Q3 '26 | 35 | $291k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q3 2026
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'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
0%
New Listings
New Listings represents the number of properties listed during the quarter.
-3%
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.
8%
Closed Sales
-7%
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.
3%
Beverly Shores
Median
$988k
DOM
89
Sales
4
Inv
6
Chesterton
Median
$392k
DOM
27
Sales
54
Inv
43
Crown Point
Median
$397k
DOM
29
Sales
112
Inv
70
Culver
Median
$405k
DOM
86
Sales
15
Inv
13
Dune Acres
Median
n/a
DOM
0
Sales
0
Inv
1
Dyer
Median
$400k
DOM
26
Sales
41
Inv
30
Gary
Median
$116k
DOM
59
Sales
166
Inv
229
Hammond
Median
$200k
DOM
32
Sales
136
Inv
79
La Porte
Median
$200k
DOM
32
Sales
81
Inv
40
Merrillville
Median
$259k
DOM
46
Sales
86
Inv
71
Michigan City
Median
$205k
DOM
48
Sales
84
Inv
102
Mishawaka
Median
$220k
DOM
22
Sales
163
Inv
72
Munster
Median
$354k
DOM
47
Sales
74
Inv
57
Ogden Dunes
Median
$450k
DOM
16
Sales
5
Inv
8
South Bend
Median
$200k
DOM
30
Sales
411
Inv
282
St. John
Median
$476k
DOM
44
Sales
98
Inv
128
Valparaiso
Median
$375k
DOM
38
Sales
114
Inv
78