The story of this market
The typical home in ZIP 46373 sells for about $624,900, or $230 per square foot.
Prices are up +11.73% from a year ago, so sellers still have some momentum. Homes take about 93 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,490 a month.
ZIP 46373 — St. John
The Saint John housing market is experiencing strong demand with a median listing price of $624,900 and significant year-over-year price appreciation. High levels of new residential permitting and a low vacancy rate indicate a robust growth environment, though inventory levels are rising to meet buyer interest. The market remains competitive with a 97% sale-to-list ratio.
This ZIP is well-suited for family buyers and commuters seeking suburban living with access to quality schools and new housing inventory.
Median prices moved up 11.7% year over year.
Homes spend a median of 93 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 97% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 2.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 46373
The area is served by the Lake Central School Corporation, which is generally regarded as a high-performing district in the region.
Saint John is experiencing significant residential expansion with high levels of new housing unit permits, reflecting its status as a growing suburban community in Northwest Indiana.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. 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) — 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 primarily commute to employment hubs in Northwest Indiana and the Chicago metropolitan area via regional highway corridors.
The area features local parks and green spaces, with proximity to regional shopping and dining districts in neighboring Saint John and Schererville.
The rental market is characterized by rising fair market rents, with a 2-bedroom FMR of $1,490 for FY 2027, reflecting a 28.4% increase over the prior year.
The local economy is driven by suburban residential growth and proximity to the broader Gary-Chicago industrial and service-sector employment base.
Transportation is primarily automobile-dependent, with access to major regional highways connecting to the Chicago metro area.
Significant residential development pipeline continues to add new housing inventory to the Saint John area.
Lake County property assessments are managed by the county assessor's office.
Parcels are served by the Lake Central School Corporation and various local utility districts.
Data retrieved from US Census Bureau ZCTA 46373 profiles.
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.
Various community parks and green spaces serving the residential population.
Access to retail and dining corridors along US-41 and surrounding areas.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.