The story of this market
The typical home in ZIP 46391 sells for about $350,517, or $165 per square foot.
Prices are up +5.3% from a year ago, so sellers still have some momentum. Homes take about 37 days to sell. HUD's fair market rent for a two-bedroom is $1,560 a month.
ZIP 46391 — Westville
The 46391 housing market is currently balanced, characterized by moderate price appreciation and a stable inventory level. While median prices have risen, the market remains accessible compared to larger urban centers, driven by steady demand from local residents and commuters. Rental demand is increasing, as evidenced by rising fair market rents, though the area remains predominantly owner-occupied.
This ZIP is well-suited for family buyers and commuters seeking a rural lifestyle with access to regional employment hubs in LaPorte County and Northwest Indiana.
Median prices moved up 5.3% year over year.
Homes spend a median of 37 days on market with 4.3 months of supply — a fast-moving market.
27% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 10.8% · poverty 5.4% — a mixed stability 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 8.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 46391, LaPorte County IN
The area is served by the Westville Community School Corporation, which generally maintains a stable reputation within the rural LaPorte County educational landscape.
The region is subject to standard Midwestern weather risks, including seasonal severe thunderstorms and winter snow events; flood risk is localized to specific low-lying areas.
Economic momentum is driven by its proximity to the Michigan City-La Porte industrial corridor and regional logistics hubs, with steady residential interest from commuters.
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 rely on US-6 and US-421 for commuting toward Michigan City, Valparaiso, or the greater Chicago metropolitan area.
The area features access to rural parklands, local community sports facilities, and proximity to the recreational amenities of the Indiana Dunes and Lake Michigan shoreline.
The rental market is characterized by limited inventory and rising fair market rents, with a significant portion of housing stock being owner-occupied.
The local economy is anchored by manufacturing, logistics, and agricultural services, with significant employment influence from the nearby Michigan City industrial base.
Transportation is primarily highway-dependent, with US-6 and US-421 serving as the main arteries for regional connectivity.
Development is largely focused on low-density residential expansion and infrastructure maintenance for local roadways.
The LaPorte County Assessor manages property valuations based on annual market adjustments and cyclical reassessments.
Parcels are subject to Westville Community School Corporation levies and standard county-wide taxing districts.
Property insurance premiums are influenced by regional exposure to severe weather events, with standard market availability.
Data retrieved from Census Reporter and ZCTA-level ACS tables.
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.
Local community space for recreation and events.
Regional landmark offering hiking and beach access within driving distance.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.