The story of this market
The typical home in Lake County, Indiana sells for about $298,351, or $157 per square foot.
Prices are up +12.6% from a year ago, so sellers still have some momentum. Homes take about 26 days to sell, which is fast. Over the long run, values in this county have grown 110% since 2000. Last year 60 of 91 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is cold wave, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $1,429 a month.
HUD sets the fair market rent for a 2-bedroom at $1,429 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Low.
Price climate
Every year of price change, 2000–2025
+2.4%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+13.5%). Worst: 2009 (-4.6%). Hover to read a year.
Monthly price momentum
Home values since 2015
+4.7%
IN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,739
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+2.4%
2025 change
FHFA repeat-sales index, median of 91 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
52
Relatively Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $190,962,154.
Mortgage activity
Home lending in this county
78.1%
2019 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 23691 | 12052 | 75.7% | 7.9% | $125,000 |
| 2019 | 26101▲ | 13702▲ | 78.1%▲ | 6.6% | $130,000▲ |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Lake County, Indiana
The Lake County housing market remains competitive with low inventory and steady price appreciation, driven by strong demand relative to supply. While sales volume has moderated, the market continues to favor sellers, particularly for well-priced, mid-range homes.
2 distress filing(s) on the ARED verified county foreclosure ledger. Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 10 cities · 24 ZIP reports
Median prices moved down 5.1% year over year.
Homes spend a median of 52 days on market with 0.0 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 76.21% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 11.5% — a stable, low-distress profile.
Owned and leased federal assets with active or excess status, per the General Services Administration's Real Estate Across the United States inventory (read 2026-09-25). A federal footprint read on this county — not a market valuation, and never an attribute of any individual property or tenant.
Deterministic aggregate of 21 researched ZIP reports of 24 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Lake County, Indiana — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 22
researched Sep 22
researched Sep 22
researched Sep 22
researched Sep 22
researched Sep 22
researched Sep 22
researched Sep 22
researched Sep 22
researched Sep 22
| 46307 | Crown Point | $390,000 | $193 | +11.4% | 34 | 99% | 10% | 3.2 | 37 | $1,391 | researched Sep 22 |
| 46308 | Crown Point | — | — | 0% | — | — | — | — | — | — | researched Sep 22 |
| 46311 | Dyer | $334,800 | $235 | +1.8% | 100 | — | — | — | 9 | $1,233 | researched Sep 22 |
| 46320 | Hammond | $199,900 | $115 | +21.2% | 55 | 91% | 15% | 3.2 | 120 | $994 | researched Sep 22 |
| 46321 | Munster | $375,000 | $172 | -0.1% | 41 | 100% | 50% | — | 88 | $1,507 | researched Sep 22 |
| 46322 | Highland | $275,000 | $167 | +1.1% | 14 | 100% | — | 1 | 29 | $1,230 | researched Sep 22 |
| 46323 | Hammond | $191,000 | $142 | +2.1% | 45 | 97.5% | 15% | 3.2 | 51 | $1,274 | researched Sep 22 |
| 46324 | Hammond | $185,900 | $134 | +0.5% | 48 | — | — | — | 47 | $1,172 | researched Sep 22 |
| 46327 | Hammond | — | $107 | +2.5% | 65 | 98.5% | 12% | 3.2 | 45 | $1,093 | researched Sep 22 |
| 46342 | Hobart | $279,000 | $165 | +10.7% | 38 | — | — | — | 204 | $1,132 | researched Sep 22 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
The county benefits from its proximity to the Chicago metropolitan area, serving as a major industrial and logistics hub with ongoing infrastructure investment.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
The economy is anchored by manufacturing, logistics, and healthcare, with significant employment ties to the broader Chicago industrial corridor.
The county is served by major interstate corridors including I-65, I-80/94, and I-90, providing critical transit links to Chicago.
The Lake County Assessor's office manages property assessments based on market value-in-use, subject to state-mandated tax caps.
The county includes various special taxing districts for schools, libraries, and fire protection, which are consolidated into the property tax bill.
- Deep River Waterpark4.34.1 mi
- Dave & Buster's Orland Park429.8 mi
- Ninja Kidz Action Park Hammond, IN4.910.2 mi
- K1 Speed Mokena4.327.5 mi
- In The Game Hollywood Park4.325.7 mi
- McCormick Place4.529.9 mi
- Rate Field4.629.1 mi
- Credit Union 1 Amphitheatre4.224.8 mi
- County Line Orchard4.35.1 mi
- Tinley Park Convention Center4.525.6 mi
- Indiana Dunes National Park4.617.1 mi
- Indiana Dunes State Park4.718.1 mi
- Emagine Portage4.68.5 mi
- The Shrine of Christ's Passion4.89.8 mi
- Deep River Waterpark4.34.1 mi
- Griffin Museum of Science and Industry4.725.4 mi
- Burnham Park Promontory Point4.825.5 mi
- Frederick C. Robie House4.725.7 mi
- The Bridgeport Art Center4.729.8 mi
- DuSable Black History Museum and Education Center4.726.2 mi
- Indiana Dunes National Park4.617.1 mi
- Indiana Dunes State Park4.718.1 mi
- Indiana Dunes National Park West Beach Bath House4.610.6 mi
- Portage Lakefront & Riverwalk4.611.6 mi
- Big Marsh Park4.719.5 mi
- Marina Shores at Dune Harbor4.610.9 mi
- Ravisloe Country Club4.519.9 mi
- Lost Marsh Golf Course4.115.9 mi
- White Hawk Country Club4.65.6 mi
- Glenwoodie Golf Club4.516.3 mi
- Wicker Memorial Park4.610.3 mi
- Southlake Mall4.11.6 mi
- Meijer4.22.8 mi
- Meijer4.29.3 mi
- Meijer4.37.6 mi
- Meijer4.414.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
Features extensive beaches and hiking trails along Lake Michigan, serving as a major regional recreational anchor.
A large seasonal waterpark offering family-oriented recreation and entertainment.
Hosts the annual county fair and various community events throughout the year.
Data retrieved from US Census Bureau ACS county-level tables.
applies when — Property must be the taxpayer's principal place of residence.
Removes the first $45,000 of the homestead's assessed value from taxation.
Indiana Code 6-1.1-12-37.
Indiana requires a judicial foreclosure process, meaning lenders must file a lawsuit in court to obtain a foreclosure decree.
Indiana Code 32-30-10.
Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments.
Indiana Code 6-1.1-4.
applies when — Applies to the sale, exchange, or installment contract of residential real estate containing not more than four dwelling units.
Requires the seller to complete a disclosure form regarding the condition of the property, subject to specific statutory exemptions (e.g., court-ordered transfers, foreclosures).
Indiana Code 32-21-5.
Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
Indiana Constitution Article X, Section 1; Indiana Code 6-1.1-20.6.
≈ $2,984/yr on a $298,351 median
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.