Market Update
Northwest Indiana
Q1 2026
Residential Property Snapshot
Single Family Homes & Condos | Q1 2026
Med. Sales Price
$265k
6% more than in
Q1 2025
Q1 2025
Avg. Days On Market
54
4% more than in
Q1 2025
Q1 2025
Closed Sales
2,271
5% fewer than in
Q1 2025
Q1 2025
Inventory
1,996
0% change from
Q1 2025
Q1 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q1 '22 | $220k | $255k | 2811 |
| Q1 '23 | $224k | $258k | 2384 |
| Q1 '24 | $230k | $266k | 2328 |
| Q1 '25 | $250k | $285k | 2400 |
| Q1 '26 | $265k | $297k | 2271 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $250k | 45.0% |
|---|---|
| Q1 '26 | 1021 |
| Q1 '25 | 1187 |
| 1YR CHANGE | -14% |
| Closed $250k - $500k | 45.9% |
| Q1 '26 | 1042 |
| Q1 '25 | 999 |
| 1YR CHANGE | +4% |
| Closed $500k - $750k | 6.5% |
| Q1 '26 | 148 |
| Q1 '25 | 153 |
| 1YR CHANGE | -3% |
| Closed Over $750k | 2.6% |
| Q1 '26 | 60 |
| Q1 '25 | 61 |
| 1YR CHANGE | -2% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q1 '22 | 31 | $220k |
| Q1 '23 | 46 | $224k |
| Q1 '24 | 49 | $230k |
| Q1 '25 | 52 | $250k |
| Q1 '26 | 54 | $265k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q1 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.
6%
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.
5%
Closed Sales
-5%
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.
4%
Beverly Shores
Median
$1m
DOM
125
Sales
1
Inv
6
Chesterton
Median
$370k
DOM
93
Sales
32
Inv
29
Crown Point
Median
$360k
DOM
59
Sales
57
Inv
54
Culver
Median
$458k
DOM
141
Sales
6
Inv
10
Dune Acres
Median
n/a
DOM
0
Sales
0
Dyer
Median
$350k
DOM
58
Sales
27
Inv
24
Gary
Median
$100k
DOM
51
Sales
153
Inv
238
Hammond
Median
$194k
DOM
42
Sales
127
Inv
64
La Porte
Median
$179k
DOM
53
Sales
48
Inv
39
Merrillville
Median
$255k
DOM
61
Sales
56
Inv
66
Michigan City
Median
$170k
DOM
51
Sales
54
Inv
79
Mishawaka
Median
$210k
DOM
44
Sales
91
Inv
41
Munster
Median
$350k
DOM
47
Sales
52
Inv
40
Ogden Dunes
Median
$424k
DOM
41
Sales
4
Inv
8
South Bend
Median
$178k
DOM
45
Sales
268
Inv
160
St. John
Median
$475k
DOM
68
Sales
66
Inv
101
Valparaiso
Median
$330k
DOM
73
Sales
83
Inv
66