The story of this market
The typical home in ZIP 46304 sells for about $359,819, or $129 per square foot.
Prices are up +5.8% from a year ago, so sellers still have some momentum. Homes take about 71 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,500 a month.
ZIP 46304 — Chesterton
The 46304 housing market shows steady growth with a median sale price of $359,819, reflecting a 5.8% year-over-year increase. Market activity remains balanced, though specific closed sales counts for the most recent month were not available. Demand is supported by the area's proximity to the Indiana Dunes and regional employment hubs.
This ZIP is well-suited for families and commuters seeking a balance between suburban living and access to both the Chicago metro area and the natural amenities of the Indiana Dunes.
Median prices moved up 5.8% year over year.
Homes spend a median of 71 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 9.2% — a stable, low-distress profile.
ZCTA 46304, Porter County, IN
The area is served by the Duneland School Corporation, which is generally regarded as a high-performing district within Porter County.
The region is subject to standard Midwestern climate risks, including seasonal severe storms and potential flood risks in low-lying areas near the Indiana Dunes.
Economic momentum is driven by proximity to the Indiana Dunes National Park and industrial hubs in Northwest Indiana, with ongoing residential development in the Chesterton area.
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.
Residents typically face a commute of approximately 22 minutes, with access to major regional employment centers via I-94 and the South Shore Line rail service.
The area features extensive access to the Indiana Dunes National Park, local parks, and proximity to Lake Michigan beaches and regional shopping districts.
The rental market is characterized by steady demand, with HUD-defined fair market rents for a two-bedroom unit at $1,500 as of 2027.
The local economy is supported by a mix of manufacturing, logistics, and tourism related to the Indiana Dunes and proximity to the Chicago industrial corridor.
The area is served by I-94 and the South Shore Line, providing critical transit links to Chicago and surrounding Northwest Indiana cities.
Ongoing residential and mixed-use development continues in the Chesterton area, focusing on expanding housing stock to meet regional demand.
The Porter County Assessor manages property valuations, with assessments typically updated annually to reflect market conditions.
Parcels are subject to various local levies, including the Duneland School Corporation and municipal taxes for the town of Chesterton.
Property insurance premiums are influenced by regional weather patterns and proximity to the Lake Michigan shoreline.
Data retrieved from Census Bureau QuickFacts and ACS 5-year estimates.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
A major regional attraction offering extensive hiking trails, beaches, and nature preserves.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.