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Price Cuts by State 2026: Where NWI Sits in the National Map

Josh Pavich — Thu, 25 Jun 2026 11:32:25 +0000

Source: Parcl Labs — June 24, 2026. Chart by Josh Pavich.

The price cuts by state map below shows the share of active listings with at least one price reduction, as of June 24, 2026. Five states are labeled with verified Parcl data: Arizona 50% (highest), Florida 47%, Indiana 40%, Ohio 34%, and Illinois 25%. Other states are shown in gray where we have not plotted a verified number from the Parcl daily feed.

Price Cuts by State 2026: Where NWI Sits in the National Map

Posted June 24, 2026 · By Josh Pavich · Licensed Real Estate Agent, Weichert Realtors Shoreline · NIRA Member

Realtor.com Economic Research · May 2026 county data · Parcl Labs via X · June 24, 2026 state data

Indiana Sits at 40% on the National Map — But Lake County Tells a Different Story

The NWI read is more nuanced than the price cuts by state headline. Lake County sits at 20.5%, Porter County at 14.8%, and LaPorte at 19.2%. Northwest Indiana isn’t in the capitulation zone. It’s where sellers are negotiating, not panicking.

This is the price-cuts-by-state story for June 2026 — and it has a Northwest Indiana angle that most national headlines miss. The 40% number looks alarming in isolation. The county-by-county breakdown tells a far more useful story for anyone actually buying or selling a home here.

By Josh Pavich · Licensed Real Estate Agent · Weichert Realtors Shoreline · Northwest Indiana

The National Picture: Price Cuts by State in 2026

Parcl Labs publishes a daily map showing the share of active listings with a price cut, by state. As of June 24, 2026, the national pattern is clear: sellers are “blinking” hard in the Sun Belt and Mountain West, holding firm in the Northeast, and somewhere in between across the Midwest.

40%

Indiana share of active listings with a price cut (Parcl, June 24, 2026)

50%

Arizona — the highest state in the country

47%

Florida — second highest

9.4%

Manhattan — lowest of any tracked market

The Sun Belt has been the worst-hit region since 2023. Arizona, Florida, Texas, and the Carolinas absorbed the bulk of the pandemic-era building boom, and now those homes are sitting on the market while buyers grapple with mortgage rates that haven’t meaningfully eased. Sellers who listed at 2022-peak prices are discovering the hard way that those prices assumed a 3% mortgage, not a 7% one.

The Northeast is the counter-example. Manhattan at 9.4% is essentially a seller’s market still — low inventory, high demand, and the kind of international buyer pool that doesn’t disappear when rates rise. Boston and Washington D.C. follow similar patterns. Buyers there are competing against each other for scarce listings, which means sellers don’t have to negotiate.

The Midwest sits in the middle. Indiana at 40% (Parcl) is higher than Ohio at 34% and Illinois at 25%, but lower than Tennessee or Kentucky. The state-level number averages everything happening across very different local markets — and that’s where the NWI data starts to matter.

The NWI Read: Why County-Level Data Changes the Story

Indiana at 40% sounds alarming. But Realtor.com’s county-level data for May 2026 tells a more precise story for Northwest Indiana. Here’s the share of active listings with at least one price reduction, county by county:

County	Active Listings	Price Cuts	Cut Share
Lake County, IN	2,109	564	20.5%
Porter County, IN	754	152	14.8%
LaPorte County, IN	109	28	19.2%
Marion County, IN (Indianapolis)	4,264	1,384	24.1%
Hendricks County, IN (Indy suburb)	701	168	16.8%

Two important observations:

NWI is mid-pack, not crisis. Lake County at 20.5% and Porter at 14.8% are far below the 40% Indiana number Parcl reports. Even LaPorte at 19.2% is more than a full standard deviation below the worst Sun Belt counties. This is a normalizing market, not a capitulating one.
The state vs county gap is real methodology, not bad data. Parcl’s share counts every active listing with at least one price cut. Realtor.com’s methodology excludes listings under 30 days on market (where sellers haven’t had time to react yet). Both are valid cuts of the same reality, and both are pointing in the same direction: prices are adjusting, but slowly and locally, not all at once.

Why Sellers Are Cutting: The Three Forces Driving NWI Adjustments

The price-cut data is a symptom. The disease is a collision of three forces that started in 2022 and is still unwinding. The price cuts by state map is one symptom; what matters for NWI buyers and sellers is how those forces land locally — and that depends on the county-level cut share you can see in the chart above.

~7%

Current 30-year mortgage rate (down from a 2023 peak above 7.8%, but still ~2× 2020-21 levels)

21.3 mo

Months of supply on U.S. homes not yet started — well above the 6-month line that defines a “balanced” market

40%

DTI ratio for new mortgage borrowers — the highest reading in the Fannie Mae series going back to 1999

$8K+

Annual income needed to afford a median U.S. home in 2026, vs. $5K below median household income in 2021

What this means in plain English: the buyer’s monthly payment has roughly doubled compared to 2021 on the same-priced home. Even if prices come down 10%, the payment is still much higher than it would have been three years ago. Sellers who refuse to acknowledge that are the ones cutting prices twice. That’s the underlying mechanic behind every state and county line on the price cuts by state chart — buyers simply can’t stretch to 2023 asking prices anymore.

Lake and Porter counties have something the Sun Belt doesn’t: they’re not oversupplied. New construction permits in NWI have been running well below the state average since 2023, which means inventory isn’t flooding the market the way it is in Phoenix or Austin. That’s the single biggest reason Lake County’s 20.5% cut rate sits where it does — it’s a market clearing rate, not a distress signal. The same logic drives why the price cuts by state rankings look so different between, say, Arizona (50%) and Indiana (40%) — supply dynamics vary enormously across regions, and NWI’s tighter construction pipeline keeps local cut rates well below the state average.

What This Means If You’re Buying in NWI: Reading the Price Cuts by State Data Locally

For Buyers

The price-cut data is leverage, but only if you know how to use it.

1. Look for the “second cut” listings. A home that’s been cut once has more room to negotiate than one cut three times — but a home cut three times is one week from a price drop the seller didn’t authorize. Track days on market + cut count, not just the new price.

2. Lake County at 20.5% means 1 in 5 listings are negotiable. That’s not a fire sale — it’s a normal negotiating environment. Porter County at 14.8% is even calmer. Don’t let anyone tell you “the market is crashing.” It isn’t. It’s resetting.

3. Sellers who refuse to negotiate are pricing themselves out. When the local cut rate is 20%, the sellers who refuse to budge are the ones sitting 90+ days. If a home has been on the market 60+ days with no price reduction, ask why before you write an offer.

4. Get an inspection even on new construction. With cut rates this high, builders are offering incentives. Those incentives often come from concessions on upgrades, not base price. Read the contract carefully.

What This Means If You’re Selling in NWI: The Price Cuts by State Lesson for Listings

For Sellers

List once right. List twice if you must. Never list three times.

1. Overpricing is the #1 cause of price cuts. When you list above market, the listing ages out of the first-week “hot” pool on Realtor.com and Zillow. Buyers’ agents see the DOM and skip it. By day 30, the only offers you get are lowballs from investors. The cure is pricing to the comps on day one, not pricing to “see what we get.”

2. Lake County at 20.5% means pricing right matters more than ever. One in five active listings in your county has been cut. That makes YOUR listing compete against price-reduced inventory every day it sits. The first 14 days are the most important — that’s when your listing gets the algorithmic boost, the showing traffic, and the agent eyeballs.

3. If you have to cut, cut hard the first time. A single 3-5% cut within the first 30 days resets the listing in the algorithm and signals seriousness. Two 2% cuts spread over 90 days signal desperation. The market reads the difference.

4. Get the comps before you list, not after. I’m happy to walk you through the last 90 days of closed sales in your zip code. If your price is within 3% of the median for your square footage and condition, you’re priced correctly. If it’s 10% above, you’ll be in the 20.5% within 30 days.

To recap the price cuts by state picture for Northwest Indiana in one line: Indiana at 40% on the national Parcl map looks alarming, but Lake County at 20.5% and Porter County at 14.8% on Realtor.com’s county-level data show that NWI is normalizing, not capitulating. Whether you’re buying or selling, the price cuts by state number is a starting point, not the answer — the local cut share and days-on-market in your zip code are where the actual decisions live.

Data Sources: State-level price-cut data is from Parcl Labs as published on June 24, 2026. Parcl measures the share of active listings with at least one price reduction. County-level price-cut data is from Realtor.com Economic Research, monthly housing inventory data, May 2026 release. Realtor.com’s methodology counts listings that have had at least one price reduction in the prior 90 days, excluding new listings under 30 days on market. The two methodologies produce different absolute numbers but the same directional pattern. National supply, mortgage rate, and DTI figures are from the U.S. Census Bureau, Freddie Mac Primary Mortgage Market Survey, and Fannie Mae Home Purchase Sentiment Index, May 2026. Chart by Josh Pavich, June 24, 2026. Reasonable effort has been made to verify all data points, but readers should consult primary sources before relying on them for purchase or sale decisions.

Ready to Make Your Move in NWI?

If you’re weighing a move in Northwest Indiana — buying or selling, and you’re trying to figure out what 20% price cuts in Lake County actually mean for your block — I’m happy to walk through it with you. I bring 10 years of HVAC and mechanical contracting experience to every home I look at, and that lens changes what an inspection actually tells you.

Josh Pavich
Licensed Real Estate Agent · Weichert Realtors — Shoreline · NIRA Member

Call (219) 508-8579 Email Josh Get Free Home Valuation →

Frequently Asked Questions About Price Cuts in NWI

What does it mean when 40% of Indiana listings have a price cut?

A 40% price cut share on the price cuts by state map means 4 in 10 active listings in Indiana have been reduced at least once since going on the market. It’s a measure of seller flexibility, not market collapse. The national average is around 36%, so Indiana is slightly above average but not at the top of the pack (Arizona at 50% and Florida at 47% lead the country). The state-level number can be misleading without county context — for NWI buyers and sellers, the county-level Realtor.com data is the more useful read.

Why is Lake County at 20.5% but Indiana is at 40%?

The gap is methodology. Parcl’s state-level data counts every active listing with at least one price cut. Realtor.com’s county-level data uses a 90-day rolling window and excludes new listings under 30 days on market. Both numbers point in the same direction — sellers are adjusting — but the absolute numbers don’t match across data sources. For NWI decision-making, the county-level Realtor.com data is more useful.

Is Northwest Indiana in a buyer’s market or a seller’s market?

Based on the price-cut data, NWI is a balanced-to-mild buyer’s market. Lake County at 20.5% is in the normal negotiating range. Porter County at 14.8% is closer to a seller’s market. LaPorte County at 19.2% is similar to Lake. None of the three NWI counties are in the distress range (30%+) that signals a true buyer’s market like Phoenix or Austin.

How long should I wait before cutting my listing price?

If your home is priced correctly from day one, you shouldn’t need to cut at all. If you do need to cut, the best practice is one meaningful cut (3-5%) within the first 30 days rather than two or three small cuts spread over 90 days. The market reads repeated small cuts as desperation, while a single early cut reads as a serious seller responding to feedback.

Months of Supply: 21.3 Hits 18% Above 2008 Peak — What It Means for NWI

Josh Pavich — Wed, 24 Jun 2026 20:09:00 +0000

Source: U.S. Census Bureau New Residential Sales — “Months of Supply on Lots by Status of Completion,” current to early 2026. Chart visualization by @rventureapp on X (June 2026).

21.3 months of supply. That’s how long it would take to absorb the homes U.S. builders have not yet broken ground on — the highest reading since the 2008–09 housing recession. For Northwest Indiana, where local permit data already shows a throttled new-construction pipeline, this isn’t a national abstract. It’s the most important housing-supply chart of 2026.

By Josh Pavich • NIRA Member • Weichert Realtors — Shoreline

A chart circulating on X this week showed a line going vertical. It’s the U.S. Census Bureau’s “months of supply on lots by status of completion” series, broken out into three lines: houses not yet started, houses under construction, and completed spec homes. The yellow line — homes not yet started — just hit 21.3 months of supply. During the 2008–09 downturn, that same line peaked at 18.1 months. We are now three months above the worst reading of the housing recession.

The headline number is alarming, but the more interesting read is what the other two lines are doing. Completed spec homes are at ~3.9 months — only modestly elevated. Under-construction homes are at ~14.8 months — elevated but not extreme. The bottleneck isn’t builders finishing homes. It’s builders starting them. That distinction matters enormously for anyone buying or selling in Northwest Indiana in 2026.

The Three Lines, Explained

Each line on the chart answers a different question about the new-home pipeline:

21.3 mo Houses Not Yet Started +3.2 vs. 2008–09 peak of 18.1

14.8 mo Under Construction +1.1 vs. 2018 cycle peak

3.9 mo Completed Spec Homes Only modestly elevated

9.4 mo National Total Inventory Highest since 2009 (Census, Apr 2026)

What the Three Lines Mean for Buyers

Most coverage will treat this as a single story: “the market is bad.” That’s wrong, and it’s how buyers get steered into bad decisions. Here’s what each line actually signals:

Pipeline Stage	Months of Supply	What It Signals
Houses Not Yet Started	21.3	Permits pulled but ground not broken — financing, lot costs, builder caution
Under Construction	14.8	Active builds — elevated but tractable; supply chain stress
Completed Spec Homes	3.9	Move-in ready inventory — tight, but the only “normal-ish” stage
2008–09 Peak (reference)	18.1	Today’s pre-construction is 3.2 months above the worst recession reading

Source: U.S. Census Bureau, “Months of Supply on Lots by Status of Completion,” chart by r:venture APP, current to early 2026. Cross-referenced against the Census May 28, 2026 New Residential Sales release showing 489,000 new homes for sale = 9.4 months of total supply.

What This Means in Northwest Indiana

The national chart is striking, but the local picture tells you whether the abstraction will hit your transaction. Here’s what Indiana and NWI permit data shows right now:

Source: U.S. Census Bureau Building Permits Survey, trailing 12 months through Q1 2026, via PermitFocus. Indiana Q1 2026 total: 4,485 single-family permits (–5% vs. prior quarter). Lake County Q1 2026: 265 permits (down from 301).

Three observations matter for our market:

NWI is not the state leader. Hamilton County (the wealthy Indy suburb) runs at 2,532 permits per year — nearly 2.5× Lake County’s full-year volume. When buyers in NWI say “I can’t find new construction,” that’s not unique to us. It’s the same constraint showing up locally.
Lake County is softening quarter-on-quarter. Q1 2026 came in at 265 permits vs. 301 in Q4 2025 — a 12% drop. That mirrors the national picture of gated starts at the front of the pipeline.
Porter County is small but stable. At 453 trailing-12-month permits and 2.61 permits per 1,000 residents, Porter has the lowest permit intensity of any NWI county. There’s room to grow — and for builders, NWI may become a relative bright spot as the national pipeline throttles.

What Months of Supply Means in 2026

Months of supply is the metric the National Association of Realtors uses to define a balanced housing market: at the current sales pace, how long would it take to absorb the existing inventory? Six months is balanced; below that is a seller’s market; above that is a buyer’s market. The 21.3-month figure we’re seeing today on homes not yet started is not a buyer-seller balance number — it’s a builder-construction-pipeline number — but the read is the same: there are far more lots platted than the current housing market can absorb in a reasonable time. For Northwest Indiana, where Lake County permits fell 12% Q1 2026 and Porter County trails the state at 453 trailing-12-month pulls, months of supply on existing inventory is closer to a 4-month national average. The gap between 21.3 months on pre-construction and 4 months on existing resale is the entire story of 2026.

If you want to track how months of supply shifts month over month in our specific counties, the monthly Porter County, Lake County, and LaPorte County market reports track the local months-supply-of-inventory number directly — a more useful local indicator than the national pre-construction pipeline figure. The national number tells you why builders are stuck; the local months of supply number tells you what it costs you as a buyer or rewards you as a seller.

Why This Matters — The Substituion Effect

When new construction takes 18–24 months from permit to closing, buyers don’t wait — they pivot to existing inventory. That’s the substitution effect, and it’s the most important dynamic in our 2026 market. Three things follow from it:

1. Existing inventory gets pricing power. If a buyer can’t get a new build done in 12 months because permits and labor are choking the front of the pipeline, the resale market becomes the only realistic alternative. Resale pricing in NWI has been notably more resilient than the national new-construction segment in 2025–2026 for exactly this reason.

2. Inspections matter more than ever. A buyer who can’t wait 18 months for a new build is choosing an existing home — which means an HVAC system that’s 12–18 years old, a roof approaching end-of-life, a water heater from 2014. The resale market in 2026 isn’t a market for first-time buyers who don’t want surprises. It’s a market where mechanical-condition literacy separates a good purchase from a $20,000 mistake. (My background as a 10-year HVAC contractor and commercial facilities mechanic is exactly the lens that helps here — I see what other agents walk past.)

3. Sellers of well-maintained homes have leverage. If your home has a 2020 furnace, a 2018 roof, and updated electrical, you’re competing against builders who can’t break ground for 21 months. That’s not a fair fight in your favor — and it’s the read that should change how sellers price and position.

What This Means If You’re Buying or Selling in NWI

For Buyers

If you were counting on new construction and the timeline keeps slipping, you’re not alone — and you’re not out of options. The resale market in Lake and Porter counties has roughly 1,700 homes listed at any given time (April 2026 NAR FastStats), and roughly 65 days of inventory. That’s still a constrained market, but the right home exists if you have a clear mechanical-condition checklist and a pre-approved financing path. Don’t wait for new builds to free up — they won’t, this cycle.

For Sellers

If your home has been updated — roof, HVAC, water heater, electrical — your pricing power just strengthened. The buyers still in the market in mid-2026 are the ones who couldn’t wait 18 months for new construction. They’re choosing resale because the alternative doesn’t pencil. Lean into that. Show the inspection report. Show the equipment ages. Show the receipts. The buyers you’re competing for are doing the math on mechanical replacement cost, and a turnkey home saves them $15,000–$40,000 in deferred maintenance.

Data & methodology: National chart from the U.S. Census Bureau New Residential Sales release showing “Months of Supply on Lots by Status of Completion,” current to early 2026, via @rventureapp on X (June 2026). Indiana and county-level permit data from U.S. Census Bureau Building Permits Survey, trailing 12 months through Q1 2026, via PermitFocus. NWI resale inventory figures from Quadwalls May 2026 update citing regional MLS. Analysis and NWI-specific interpretation by Josh Pavich. Not investment advice. All data points accurate as of publication date but subject to revision in subsequent Census releases.

Trying to make sense of NWI’s 2026 housing market?

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Porter County Market — May 2026 • Lake County Market — April 2026 • Browse NWI Homes

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Let’s talk through what 21 months of supply actually means for your situation — whether you’re buying, selling, or just trying to read the noise.

Josh Pavich

Realtor with a mechanical contracting lens

If you’re weighing a move in Northwest Indiana — buying, selling, or just trying to figure out what the 21-month headline actually means for your block — I’m happy to walk through it with you. I bring 10 years of HVAC and mechanical contracting experience to every home I look at, and that lens changes what an inspection actually tells you.

Weichert Realtors — Shoreline • NIRA Member

Call 219-508-8579 Email Me Get Free Home Valuation

Frequently Asked Questions: Months of Supply in 2026

What does ‘months of supply’ actually mean in this chart?

Months of supply is the ratio of homes for sale at a given stage to the current sales pace. The 21.3-month figure for ‘Houses Not Yet Started’ means: at today’s rate of homes breaking ground, it would take 21.3 months to absorb the lots that have permits but no construction underway. Higher numbers = more slack / weaker builder momentum. A balanced market is typically 6 months.

Is this worse than 2008?

Yes, narrowly. The 2008–09 peak on the ‘Houses Not Yet Started’ line was 18.1 months. Today’s reading is 21.3 — about 18% above that peak. The difference is the underlying cause: 2008 was demand collapse; 2026 is supply-side throttling (financing costs, lot costs, builder caution). The mechanism is different, but the headline number is worse.

Does this affect Northwest Indiana specifically?

Yes, but indirectly. The national 21.3-month number is for the U.S. as a whole. Indiana ran at 4,485 single-family permits in Q1 2026 (down 5% quarter-on-quarter). Lake County specifically dropped from 301 permits in Q4 2025 to 265 in Q1 2026 — a 12% decline. Porter County is stable at 453 trailing-12-month permits. The pattern mirrors the national picture of gated starts at the front of the pipeline.

Should I wait to buy a new construction home?

Probably not, if waiting means waiting on a builder. The data suggests the front of the new-construction pipeline will remain constrained through at least 2026 — permits pulled but ground not broken. Buyers who can’t get new-build timelines to work are pivoting to existing inventory, which is keeping resale pricing firm. Waiting for new construction to ‘free up’ is waiting for a constraint that may take 18+ months to ease.

Porter County Real Estate Market Update — May 2026

Josh Pavich — Sun, 14 Jun 2026 19:42:27 +0000

Porter County Real Estate Market May 2026

Your complete guide to the Porter County real estate market | Data-driven analysis by Josh Pavich, REALTOR®

The Porter County real estate market in May 2026 is showing balanced activity. New listings moved +10.2%, inventory sits at 371 homes, and the median sale price is $335,500 (+4.9% YoY). With 2.2 months of supply, Porter County remains a seller’s market. Here’s the full picture.

📊 May 2026 Key Metrics

$335,500

Median Sale Price

+4.9% YoY

198

Homes Sold

up from 178

Median Days on Market

↓ from 48 days

2.2 mo

Months Supply

0.0% YoY

📈 Porter County Market Analysis

Porter County is part of the Northwest Indiana real estate landscape. At a $335,500 median sale price, the market gives buyers and sellers a clear data-driven picture. The 9 metrics below tell the full story.

The headline this month is inventory: total homes for sale climbed +5.7% to 371 (from 351 a year ago). New listings moved +10.2% (now 302). Porter County remains a seller’s market at 2.2 months of supply (3.0 is the standard balanced-market benchmark).

Demand is strong: closed sales rose +11.2% to 198, and pending sales rose +10.4% to 212. Days on market decreased from 48 to 39 — homes are moving faster than a year ago.

Prices moved up: the median climbed +4.9% to $335,500, while the average moved +2.3% to $378,931. Sellers received 96.5% of list price, up from 95.3%.

📊 Price Comparison: Porter County vs. NW Indiana Towns

Chesterton

$387,500

Valparaiso

$310,000

Portage

$270,000

Hobart

$224,250

LaPorte

$177,500

Lake Station

$168,000

Median sale prices for May 2026.

🏠 What This Means for Buyers & Sellers

🔑 Buyer Tip

Porter County at a $335,500 median is priced competitively for NW Indiana. Inventory is expanding, giving buyers more options. Search Porter County listings →

💰 Seller Tip

With 2.2 months of supply, Porter County is still a seller’s market. Inventory is climbing and you have more competition from other sellers. Get your free home valuation →

📋 Official MLS Data: Porter County — May 2026

The following data comes directly from the NIRA MLS FastStats report for Porter County, comparing May 2025 vs. May 2026.

Key Metric	May 2025	May 2026	% Change
New Listings	274	302	+10.2%
Pending Sales	192	212	+10.4%
Closed Sales	178	198	+11.2%
Days on Market	48	39	-18.8%
Median Sales Price	$319,900	$335,500	+4.9%
Average Sales Price	$370,254	$378,931	+2.3%
% of Original List Price	95.3%	96.5%	+1.3%
Inventory of Homes	351	371	+5.7%
Months Supply	2.2	2.2	0.0%

Key takeaways: The Porter County real estate market in May 2026 shows a +4.9% median price move to $335,500 with +5.7% inventory change to 371 homes and 2.2 months of supply. At a $335,500 median, Porter County remains a strong seller’s market in NW Indiana.

Data Disclaimer: Market statistics cited in this report are sourced from the NIRA MLS FastStats (official MLS data from the Northwest Indiana REALTORS® Association) for May 2026 and include all residential property types (single-family, condos, townhomes, etc.) unless otherwise noted. County-level figures are based on MLS data for single-family residential properties. Individual property values may vary significantly. Year-over-year changes compare May 2026 to May 2025. This analysis is for informational purposes only and does not constitute financial or investment advice.

Ready to navigate the Porter County real estate market? I’d love to help you make smart moves with data-driven strategy.

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Thinking about buying or selling in Porter County? I help homeowners and investors navigate the NW Indiana market with 10+ years of local experience — including a professional background in home inspection and HVAC systems. I see things other agents miss.

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Josh Pavich | Weichert, Realtors® – Shoreline
Serving all of Northwest Indiana — Porter, Lake, and LaPorte Counties

Frequently Asked Questions About the Porter County Indiana Real Estate Market May 2026

What is the median home price in Porter County for May 2026?

The median sale price in the Porter County real estate market for May 2026 was $335,500, +4.9% year-over-year.

Is Porter County a buyer's or seller's market in May 2026?

Porter County is a seller's market with 2.2 months of supply (3 months is the standard balance benchmark).

How is housing inventory in Porter County for May 2026?

Porter County inventory is at 371 active homes in May 2026, with 198 closed sales. Months supply is 2.2.

How long are homes taking to sell in Porter County?

Days on Market in Porter County for May 2026 was 39 days, down from 48 days a year earlier.

LaPorte County Real Estate Market Update — May 2026

Josh Pavich — Sun, 14 Jun 2026 19:40:15 +0000

LaPorte County Real Estate Market May 2026

Your complete guide to the LaPorte County real estate market | Data-driven analysis by Josh Pavich, REALTOR®

The LaPorte County real estate market is expanding in May 2026. New listings climbed +13.8% and total inventory rose +12.0% to 234 homes, giving buyers more choices than they’ve had in months. Prices moved +18.9% to a $267,500 median, and the market remains a seller’s market at 2.7 months of supply. Here’s the full picture.

📊 May 2026 Key Metrics

$267,500

Median Sale Price

+18.9% YoY

104

Homes Sold

up from 87

Median Days on Market

↑ from 37 days

2.7 mo

Months Supply

+12.5% YoY

📈 LaPorte County Market Analysis

LaPorte County is part of the Northwest Indiana real estate landscape. At a $267,500 median sale price, the market gives buyers and sellers a clear data-driven picture. The 9 metrics below tell the full story.

The headline this month is inventory: total homes for sale climbed +12.0% to 234 (from 209 a year ago). New listings moved +13.8% (now 148). LaPorte County remains a seller’s market at 2.7 months of supply (3.0 is the standard balanced-market benchmark).

Demand is strong: closed sales rose +19.5% to 104, and pending sales rose +1.0% to 100. Days on market increased from 37 to 39 — homes are taking longer than a year ago.

Prices moved up: the median climbed +18.9% to $267,500, while the average moved +39.7% to $350,352. Sellers received 95.4% of list price, down from 95.7%.

📊 Price Comparison: LaPorte County vs. NW Indiana Towns

Chesterton

$387,500

Valparaiso

$310,000

Portage

$270,000

Hobart

$224,250

LaPorte

$177,500

Lake Station

$168,000

Median sale prices for May 2026.

🏠 What This Means for Buyers & Sellers

🔑 Buyer Tip

LaPorte County at a $267,500 median is one of the more affordable markets in the area. Inventory is expanding, giving buyers more options. Search LaPorte County listings →

💰 Seller Tip

With 2.7 months of supply, LaPorte County is still a seller’s market. Inventory is climbing and you have more competition from other sellers. Get your free home valuation →

📋 Official MLS Data: LaPorte County — May 2026

The following data comes directly from the NIRA MLS FastStats report for LaPorte County, comparing May 2025 vs. May 2026.

Key Metric	May 2025	May 2026	% Change
New Listings	130	148	+13.8%
Pending Sales	99	100	+1.0%
Closed Sales	87	104	+19.5%
Days on Market	37	39	+5.4%
Median Sales Price	$225,000	$267,500	+18.9%
Average Sales Price	$250,780	$350,352	+39.7%
% of Original List Price	95.7%	95.4%	-0.3%
Inventory of Homes	209	234	+12.0%
Months Supply	2.4	2.7	+12.5%

Key takeaways: The LaPorte County real estate market in May 2026 shows a +18.9% median price move to $267,500 with +12.0% inventory change to 234 homes and 2.7 months of supply. At a $267,500 median, LaPorte County remains a strong seller’s market in NW Indiana.

Ready to navigate the LaPorte County real estate market? I’d love to help you make smart moves with data-driven strategy.

📊 Get Your Free Sales Report

Ready to Make Your Move?

Thinking about buying or selling in LaPorte County? I help homeowners and investors navigate the NW Indiana market with 10+ years of local experience — including a professional background in home inspection and HVAC systems. I see things other agents miss.

📞 Call or text: (219) 508-8579
📧 Email: team@joshpavich.com
🌐 Website: joshpavich.com

Josh Pavich | Weichert, Realtors® – Shoreline
Serving all of Northwest Indiana — Porter, Lake, and LaPorte Counties

Frequently Asked Questions About the LaPorte County Indiana Real Estate Market May 2026

What is the median home price in LaPorte County for May 2026?

The median sale price in the LaPorte County real estate market for May 2026 was $267,500, +18.9% year-over-year.

Is LaPorte County a buyer's or seller's market in May 2026?

LaPorte County is a seller's market with 2.7 months of supply (3 months is the standard balance benchmark).

How is housing inventory in LaPorte County for May 2026?

LaPorte County inventory is at 234 active homes in May 2026, with 104 closed sales. Months supply is 2.7.

How long are homes taking to sell in LaPorte County?

Days on Market in LaPorte County for May 2026 was 39 days, up from 37 days a year earlier.

Valparaiso Real Estate Market Update — May 2026

Josh Pavich — Sun, 14 Jun 2026 19:34:11 +0000

Valparaiso Real Estate Market May 2026

Your complete guide to the Valparaiso real estate market | Data-driven analysis by Josh Pavich, REALTOR®

The Valparaiso real estate market in May 2026 is showing balanced activity. New listings moved -9.5%, inventory sits at 79 homes, and the median sale price is $363,250 (+9.7% YoY). With 2.5 months of supply, Valparaiso remains a seller’s market. Here’s the full picture.

📊 May 2026 Key Metrics

$363,250

Median Sale Price

+9.7% YoY

Homes Sold

down from 39

Median Days on Market

↑ from 36 days

2.5 mo

Months Supply

+13.6% YoY

📈 Valparaiso Market Analysis

Valparaiso is part of the Northwest Indiana real estate landscape. At a $363,250 median sale price, the market gives buyers and sellers a clear data-driven picture. The 9 metrics below tell the full story.

The headline this month is inventory: total homes for sale climbed +11.3% to 79 (from 71 a year ago). New listings moved -9.5% (now 57). Valparaiso remains a seller’s market at 2.5 months of supply (3.0 is the standard balanced-market benchmark).

Demand is soft: closed sales fell -7.7% to 36, and pending sales fell -12.5% to 42. Days on market increased from 36 to 37 — homes are taking longer than a year ago.

Prices moved up: the median climbed +9.7% to $363,250, while the average moved +15.3% to $399,656. Sellers received 98.3% of list price, up from 96.1%.

Valparaiso vs. Porter County

Metric	Valparaiso	Porter County
Median Sale Price	$363,250	(see county report)
YoY Price Change	+9.7%	—
Homes Sold (May)	36	—
Median Days on Market	37 days	—
Months Supply	2.5	—

For the full Porter County breakdown, see our Porter County Real Estate Market Update – May 2026.

📊 Price Comparison: Valparaiso vs. NW Indiana Towns

Chesterton

$387,500

Valparaiso

$310,000

Portage

$270,000

Hobart

$224,250

LaPorte

$177,500

Lake Station

$168,000

Median sale prices for May 2026.

🏠 What This Means for Buyers & Sellers

🔑 Buyer Tip

Valparaiso at a $363,250 median is priced competitively for NW Indiana. Inventory is expanding, giving buyers more options. Search Valparaiso listings →

💰 Seller Tip

With 2.5 months of supply, Valparaiso is still a seller’s market. Inventory is climbing and you have more competition from other sellers. Get your free home valuation →

📋 Official MLS Data: Valparaiso — May 2026

The following data comes directly from the NIRA MLS FastStats report for Valparaiso, comparing May 2025 vs. May 2026.

Key Metric	May 2025	May 2026	% Change
New Listings	63	57	-9.5%
Pending Sales	48	42	-12.5%
Closed Sales	39	36	-7.7%
Days on Market	36	37	+2.8%
Median Sales Price	$331,000	$363,250	+9.7%
Average Sales Price	$346,493	$399,656	+15.3%
% of Original List Price	96.1%	98.3%	+2.3%
Inventory of Homes	71	79	+11.3%
Months Supply	2.2	2.5	+13.6%

Key takeaways: The Valparaiso real estate market in May 2026 shows a +9.7% median price move to $363,250 with +11.3% inventory change to 79 homes and 2.5 months of supply. At a $363,250 median, Valparaiso remains a strong seller’s market in NW Indiana.

Ready to navigate the Valparaiso real estate market? I’d love to help you make smart moves with data-driven strategy.

📊 Get Your Free Sales Report

Ready to Make Your Move?

Thinking about buying or selling in Valparaiso? I help homeowners and investors navigate the NW Indiana market with 10+ years of local experience — including a professional background in home inspection and HVAC systems. I see things other agents miss.

📞 Call or text: (219) 508-8579
📧 Email: team@joshpavich.com
🌐 Website: joshpavich.com

Josh Pavich | Weichert, Realtors® – Shoreline
Serving all of Northwest Indiana — Porter, Lake, and LaPorte Counties

Frequently Asked Questions About the Valparaiso Indiana Real Estate Market May 2026

What is the median home price in Valparaiso for May 2026?

The median sale price in the Valparaiso real estate market for May 2026 was $363,250, +9.7% year-over-year.

Is Valparaiso a buyer's or seller's market in May 2026?

Valparaiso is a seller's market with 2.5 months of supply (3 months is the standard balance benchmark).

How is housing inventory in Valparaiso for May 2026?

Valparaiso inventory is at 79 active homes in May 2026, with 36 closed sales. Months supply is 2.5.

How long are homes taking to sell in Valparaiso?

Days on Market in Valparaiso for May 2026 was 37 days, up from 36 days a year earlier.

Portage Real Estate Market Update — May 2026

Josh Pavich — Sun, 14 Jun 2026 19:32:44 +0000

Portage Real Estate Market May 2026

Your complete guide to the Portage real estate market | Data-driven analysis by Josh Pavich, REALTOR®

The Portage real estate market is expanding in May 2026. New listings climbed +63.6% and total inventory rose +34.1% to 55 homes, giving buyers more choices than they’ve had in months. Prices moved +8.1% to a $293,000 median, and the market remains a seller’s market at 1.7 months of supply. Here’s the full picture.

📊 May 2026 Key Metrics

$293,000

Median Sale Price

+8.1% YoY

Homes Sold

down from 49

Median Days on Market

↓ from 64 days

1.7 mo

Months Supply

+21.4% YoY

📈 Portage Market Analysis

Portage is part of the Northwest Indiana real estate landscape. At a $293,000 median sale price, the market gives buyers and sellers a clear data-driven picture. The 9 metrics below tell the full story.

The headline this month is inventory: total homes for sale climbed +34.1% to 55 (from 41 a year ago). New listings moved +63.6% (now 54). Portage remains a seller’s market at 1.7 months of supply (3.0 is the standard balanced-market benchmark).

Demand is soft: closed sales fell -10.2% to 44, and pending sales rose +42.9% to 40. Days on market decreased from 64 to 35 — homes are moving faster than a year ago.

Prices moved up: the median climbed +8.1% to $293,000, while the average moved +2.1% to $302,520. Sellers received 98.9% of list price, up from 95.5%.

Portage vs. Porter County

Metric	Portage	Porter County
Median Sale Price	$293,000	(see county report)
YoY Price Change	+8.1%	—
Homes Sold (May)	44	—
Median Days on Market	35 days	—
Months Supply	1.7	—

For the full Porter County breakdown, see our Porter County Real Estate Market Update – May 2026.

📊 Price Comparison: Portage vs. NW Indiana Towns

Chesterton

$387,500

Valparaiso

$310,000

Portage

$270,000

Hobart

$224,250

LaPorte

$177,500

Lake Station

$168,000

Median sale prices for May 2026.

🏠 What This Means for Buyers & Sellers

🔑 Buyer Tip

Portage at a $293,000 median is one of the more affordable markets in the area. Inventory is expanding, giving buyers more options. Search Portage listings →

💰 Seller Tip

With 1.7 months of supply, Portage is still a seller’s market. Inventory is climbing and you have more competition from other sellers. Get your free home valuation →

📋 Official MLS Data: Portage — May 2026

The following data comes directly from the NIRA MLS FastStats report for Portage, comparing May 2025 vs. May 2026.

Key Metric	May 2025	May 2026	% Change
New Listings	33	54	+63.6%
Pending Sales	28	40	+42.9%
Closed Sales	49	44	-10.2%
Days on Market	64	35	-45.3%
Median Sales Price	$271,000	$293,000	+8.1%
Average Sales Price	$296,294	$302,520	+2.1%
% of Original List Price	95.5%	98.9%	+3.6%
Inventory of Homes	41	55	+34.1%
Months Supply	1.4	1.7	+21.4%

Key takeaways: The Portage real estate market in May 2026 shows a +8.1% median price move to $293,000 with +34.1% inventory change to 55 homes and 1.7 months of supply. At a $293,000 median, Portage remains a strong seller’s market in NW Indiana.

Ready to navigate the Portage real estate market? I’d love to help you make smart moves with data-driven strategy.

📊 Get Your Free Sales Report

Ready to Make Your Move?

Thinking about buying or selling in Portage? I help homeowners and investors navigate the NW Indiana market with 10+ years of local experience — including a professional background in home inspection and HVAC systems. I see things other agents miss.

📞 Call or text: (219) 508-8579
📧 Email: team@joshpavich.com
🌐 Website: joshpavich.com

Josh Pavich | Weichert, Realtors® – Shoreline
Serving all of Northwest Indiana — Porter, Lake, and LaPorte Counties

Frequently Asked Questions About the Portage Indiana Real Estate Market May 2026

What is the median home price in Portage for May 2026?

The median sale price in the Portage real estate market for May 2026 was $293,000, +8.1% year-over-year.

Is Portage a buyer's or seller's market in May 2026?

Portage is a seller's market with 1.7 months of supply (3 months is the standard balance benchmark).

How is housing inventory in Portage for May 2026?

Portage inventory is at 55 active homes in May 2026, with 44 closed sales. Months supply is 1.7.

How long are homes taking to sell in Portage?

Days on Market in Portage for May 2026 was 35 days, down from 64 days a year earlier.

Hobart Real Estate Market Update — May 2026

Josh Pavich — Sun, 14 Jun 2026 19:30:30 +0000

Hobart Real Estate Market May 2026

Your complete guide to the Hobart real estate market | Data-driven analysis by Josh Pavich, REALTOR®

The Hobart real estate market is expanding in May 2026. New listings climbed +11.1% and total inventory rose +33.3% to 56 homes, giving buyers more choices than they’ve had in months. Prices moved +12.5% to a $260,000 median, and the market remains a seller’s market at 1.9 months of supply. Here’s the full picture.

📊 May 2026 Key Metrics

$260,000

Median Sale Price

+12.5% YoY

Homes Sold

down from 46

Median Days on Market

↑ from 29 days

1.9 mo

Months Supply

+35.7% YoY

📈 Hobart Market Analysis

Hobart is part of the Northwest Indiana real estate landscape. At a $260,000 median sale price, the market gives buyers and sellers a clear data-driven picture. The 9 metrics below tell the full story.

The headline this month is inventory: total homes for sale climbed +33.3% to 56 (from 42 a year ago). New listings moved +11.1% (now 40). Hobart remains a seller’s market at 1.9 months of supply (3.0 is the standard balanced-market benchmark).

Demand is soft: closed sales fell -15.2% to 39, and pending sales rose +6.9% to 31. Days on market increased from 29 to 43 — homes are taking longer than a year ago.

Prices moved up: the median climbed +12.5% to $260,000, while the average moved +10.7% to $269,028. Sellers received 99.0% of list price, up from 97.6%.

Hobart vs. Lake County

Metric	Hobart	Lake County
Median Sale Price	$260,000	(see county report)
YoY Price Change	+12.5%	—
Homes Sold (May)	39	—
Median Days on Market	43 days	—
Months Supply	1.9	—

For the full Lake County breakdown, see our Lake County Real Estate Market Update – May 2026.

📊 Price Comparison: Hobart vs. NW Indiana Towns

Chesterton

$387,500

Valparaiso

$310,000

Portage

$270,000

Hobart

$224,250

LaPorte

$177,500

Lake Station

$168,000

Median sale prices for May 2026.

🏠 What This Means for Buyers & Sellers

🔑 Buyer Tip

Hobart at a $260,000 median is one of the more affordable markets in the area. Inventory is expanding, giving buyers more options. Search Hobart listings →

💰 Seller Tip

With 1.9 months of supply, Hobart is still a seller’s market. Inventory is climbing and you have more competition from other sellers. Get your free home valuation →

📋 Official MLS Data: Hobart — May 2026

The following data comes directly from the NIRA MLS FastStats report for Hobart, comparing May 2025 vs. May 2026.

Key Metric	May 2025	May 2026	% Change
New Listings	36	40	+11.1%
Pending Sales	29	31	+6.9%
Closed Sales	46	39	-15.2%
Days on Market	29	43	+48.3%
Median Sales Price	$231,200	$260,000	+12.5%
Average Sales Price	$242,968	$269,028	+10.7%
% of Original List Price	97.6%	99.0%	+1.4%
Inventory of Homes	42	56	+33.3%
Months Supply	1.4	1.9	+35.7%

Key takeaways: The Hobart real estate market in May 2026 shows a +12.5% median price move to $260,000 with +33.3% inventory change to 56 homes and 1.9 months of supply. At a $260,000 median, Hobart remains a strong seller’s market in NW Indiana.

Ready to navigate the Hobart real estate market? I’d love to help you make smart moves with data-driven strategy.

📊 Get Your Free Sales Report

Ready to Make Your Move?

Thinking about buying or selling in Hobart? I help homeowners and investors navigate the NW Indiana market with 10+ years of local experience — including a professional background in home inspection and HVAC systems. I see things other agents miss.

📞 Call or text: (219) 508-8579
📧 Email: team@joshpavich.com
🌐 Website: joshpavich.com

Josh Pavich | Weichert, Realtors® – Shoreline
Serving all of Northwest Indiana — Porter, Lake, and LaPorte Counties

Frequently Asked Questions About the Hobart Indiana Real Estate Market May 2026

What is the median home price in Hobart for May 2026?

The median sale price in the Hobart real estate market for May 2026 was $260,000, +12.5% year-over-year.

Is Hobart a buyer's or seller's market in May 2026?

Hobart is a seller's market with 1.9 months of supply (3 months is the standard balance benchmark).

How is housing inventory in Hobart for May 2026?

Hobart inventory is at 56 active homes in May 2026, with 39 closed sales. Months supply is 1.9.

How long are homes taking to sell in Hobart?

Days on Market in Hobart for May 2026 was 43 days, up from 29 days a year earlier.

Chesterton Real Estate Market Update — May 2026

Josh Pavich — Sun, 14 Jun 2026 19:29:23 +0000

Chesterton Real Estate Market May 2026

Your complete guide to the Chesterton real estate market | Data-driven analysis by Josh Pavich, REALTOR®

The Chesterton real estate market is tightening in May 2026. New listings dropped -16.7% and total inventory held at 29 homes. Demand stayed strong with closed sales +14.3%, pushing the median price -5.9% to $324,000. The Chesterton market remains a seller’s market at 2.0 months of supply. Here’s the full picture.

📊 May 2026 Key Metrics

$324,000

Median Sale Price

-5.9% YoY

Homes Sold

up from 14

Median Days on Market

↓ from 72 days

2.0 mo

Months Supply

-9.1% YoY

📈 Chesterton Market Analysis

Chesterton is part of the Northwest Indiana real estate landscape. At a $324,000 median sale price, the market gives buyers and sellers a clear data-driven picture. The 9 metrics below tell the full story.

The headline this month is inventory: total homes for sale fell -9.4% to 29 (from 32 a year ago). New listings moved -16.7% (now 25). Chesterton remains a seller’s market at 2.0 months of supply (3.0 is the standard balanced-market benchmark).

Demand is strong: closed sales rose +14.3% to 16, and pending sales fell -10.0% to 18. Days on market decreased from 72 to 53 — homes are moving faster than a year ago.

Prices cooled: the median fell -5.9% to $324,000, while the average moved +10.2% to $421,306. Sellers received 95.3% of list price, up from 93.1%.

Chesterton vs. Porter County

Metric	Chesterton	Porter County
Median Sale Price	$324,000	(see county report)
YoY Price Change	-5.9%	—
Homes Sold (May)	16	—
Median Days on Market	53 days	—
Months Supply	2.0	—

For the full Porter County breakdown, see our Porter County Real Estate Market Update – May 2026.

📊 Price Comparison: Chesterton vs. NW Indiana Towns

Chesterton

$387,500

Valparaiso

$310,000

Portage

$270,000

Hobart

$224,250

LaPorte

$177,500

Lake Station

$168,000

Median sale prices for May 2026.

🏠 What This Means for Buyers & Sellers

🔑 Buyer Tip

Chesterton at a $324,000 median is priced competitively for NW Indiana. Inventory is tight, giving sellers leverage. Search Chesterton listings →

💰 Seller Tip

With 2.0 months of supply, Chesterton is still a seller’s market. Inventory is shrinking and you have less competition from other sellers. Get your free home valuation →

📋 Official MLS Data: Chesterton — May 2026

The following data comes directly from the NIRA MLS FastStats report for Chesterton, comparing May 2025 vs. May 2026.

Key Metric	May 2025	May 2026	% Change
New Listings	30	25	-16.7%
Pending Sales	20	18	-10.0%
Closed Sales	14	16	+14.3%
Days on Market	72	53	-26.4%
Median Sales Price	$344,450	$324,000	-5.9%
Average Sales Price	$382,257	$421,306	+10.2%
% of Original List Price	93.1%	95.3%	+2.4%
Inventory of Homes	32	29	-9.4%
Months Supply	2.2	2.0	-9.1%

Key takeaways: The Chesterton real estate market in May 2026 shows a -5.9% median price move to $324,000 with -9.4% inventory change to 29 homes and 2.0 months of supply. At a $324,000 median, Chesterton remains a strong seller’s market in NW Indiana.

Ready to navigate the Chesterton real estate market? I’d love to help you make smart moves with data-driven strategy.

📊 Get Your Free Sales Report

Ready to Make Your Move?

Thinking about buying or selling in Chesterton? I help homeowners and investors navigate the NW Indiana market with 10+ years of local experience — including a professional background in home inspection and HVAC systems. I see things other agents miss.

📞 Call or text: (219) 508-8579
📧 Email: team@joshpavich.com
🌐 Website: joshpavich.com

Josh Pavich | Weichert, Realtors® – Shoreline
Serving all of Northwest Indiana — Porter, Lake, and LaPorte Counties

Frequently Asked Questions About the Chesterton Indiana Real Estate Market May 2026

What is the median home price in Chesterton for May 2026?

The median sale price in the Chesterton real estate market for May 2026 was $324,000, -5.9% year-over-year.

Is Chesterton a buyer's or seller's market in May 2026?

Chesterton is a seller's market with 2.0 months of supply (3 months is the standard balance benchmark).

How is housing inventory in Chesterton for May 2026?

Chesterton inventory is at 29 active homes in May 2026, with 16 closed sales. Months supply is 2.0.

How long are homes taking to sell in Chesterton?

Days on Market in Chesterton for May 2026 was 53 days, down from 72 days a year earlier.

Lake Station Real Estate Market Update — May 2026

Josh Pavich — Sun, 14 Jun 2026 19:25:35 +0000

Lake Station Real Estate Market: May 2026 Price Trends

The Lake Station real estate market in May 2026 continues to be one of the most affordable in Lake County. This Lake Station real estate market report covers median price, days on market, and inventory. For source data, see the NIRA FastStats and the Indiana CORE real estate portal.

Lake Station Real Estate Market: May 2026 Overview

The Lake Station real estate market in May 2026 saw continued affordability compared to surrounding Lake County. This Lake Station real estate market report covers median sale price, days on market, and months supply. For source data, see the NIRA FastStats and the Indiana CORE real estate portal.

Lake Station Real Estate Market May 2026

Your complete guide to the Lake Station real estate market | Data-driven analysis by Josh Pavich, REALTOR®

The Lake Station real estate market is tightening in May 2026. New listings dropped -36.8% and total inventory held at 18 homes. Demand stayed strong with closed sales +71.4%, pushing the median price +23.1% to $210,500. The Lake Station market remains a seller’s market at 1.6 months of supply. Here’s the full picture.

📊 May 2026 Key Metrics

$210,500

Median Sale Price

+23.1% YoY

Homes Sold

up from 7

Median Days on Market

↑ from 8 days

1.6 mo

Months Supply

+14.3% YoY

📈 Lake Station Market Analysis

Lake Station is part of the Northwest Indiana real estate landscape. At a $210,500 median sale price, the market gives buyers and sellers a clear data-driven picture. The 9 metrics below tell the full story.

The headline this month is inventory: total homes for sale fell -5.3% to 18 (from 19 a year ago). New listings moved -36.8% (now 12). Lake Station remains a seller’s market at 1.6 months of supply (3.0 is the standard balanced-market benchmark).

Demand is strong: closed sales rose +71.4% to 12, and pending sales fell -47.6% to 11. Days on market increased from 8 to 42 — homes are taking longer than a year ago.

Prices moved up: the median climbed +23.1% to $210,500, while the average moved +50.8% to $210,721. Sellers received 97.5% of list price, up from 95.7%.

Lake Station vs. Lake County

Metric	Lake Station	Lake County
Median Sale Price	$210,500	(see county report)
YoY Price Change	+23.1%	—
Homes Sold (May)	12	—
Median Days on Market	42 days	—
Months Supply	1.6	—

For the full Lake County breakdown, see our Lake County Real Estate Market Update – May 2026.

📊 Price Comparison: Lake Station vs. NW Indiana Towns

Chesterton

$387,500

Valparaiso

$310,000

Portage

$270,000

Hobart

$224,250

LaPorte

$177,500

Lake Station

$168,000

Median sale prices for May 2026.

🏠 What This Means for Buyers & Sellers

🔑 Buyer Tip

Lake Station at a $210,500 median is one of the more affordable markets in the area. Inventory is tight, giving sellers leverage. Search Lake Station listings →

💰 Seller Tip

With 1.6 months of supply, Lake Station is still a seller’s market. Inventory is shrinking and you have less competition from other sellers. Get your free home valuation →

📋 Official MLS Data: Lake Station — May 2026

The following data comes directly from the NIRA MLS FastStats report for Lake Station, comparing May 2025 vs. May 2026.

Key Metric	May 2025	May 2026	% Change
New Listings	19	12	-36.8%
Pending Sales	21	11	-47.6%
Closed Sales	7	12	+71.4%
Days on Market	8	42	+425.0%
Median Sales Price	$171,000	$210,500	+23.1%
Average Sales Price	$139,771	$210,721	+50.8%
% of Original List Price	95.7%	97.5%	+1.9%
Inventory of Homes	19	18	-5.3%
Months Supply	1.4	1.6	+14.3%

Key takeaways: The Lake Station real estate market in May 2026 shows a +23.1% median price move to $210,500 with -5.3% inventory change to 18 homes and 1.6 months of supply. At a $210,500 median, Lake Station remains a strong seller’s market in NW Indiana.

Ready to navigate the Lake Station real estate market? I’d love to help you make smart moves with data-driven strategy.

📊 Get Your Free Sales Report

Ready to Make Your Move?

Thinking about buying or selling in Lake Station? I help homeowners and investors navigate the NW Indiana market with 10+ years of local experience — including a professional background in home inspection and HVAC systems. I see things other agents miss.

📞 Call or text: (219) 508-8579
📧 Email: team@joshpavich.com
🌐 Website: joshpavich.com

Josh Pavich | Weichert, Realtors® – Shoreline
Serving all of Northwest Indiana — Porter, Lake, and LaPorte Counties

Frequently Asked Questions About the Lake Station Indiana Real Estate Market May 2026

What is the median home price in Lake Station for May 2026?

The median sale price in the Lake Station real estate market for May 2026 was $210,500, +23.1% year-over-year.

Is Lake Station a buyer's or seller's market in May 2026?

Lake Station is a seller's market with 1.6 months of supply (3 months is the standard balance benchmark).

How is housing inventory in Lake Station for May 2026?

Lake Station inventory is at 18 active homes in May 2026, with 12 closed sales. Months supply is 1.6.

How long are homes taking to sell in Lake Station?

Days on Market in Lake Station for May 2026 was 42 days, up from 8 days a year earlier.

Lake Station Real Estate Market Update — May 2026 Official Data

This Lake Station real estate market update draws on official NIRA MLS data. For the source data, see the Northwest Indiana Realtors Association FastStats and the Indiana CORE real estate portal.

Just Listed: 12 E 700 N Valparaiso IN — A Premier Valparaiso Home for Sale with Drone Tour

Josh Pavich — Tue, 26 May 2026 01:27:27 +0000

Just Listed — 12 E 700 N Valparaiso, IN 46383 | $719,000 — This stunning Valparaiso home for sale offers a rare combination of luxury, space, and recreation on nearly one acre.

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Property Overview — A Premier Valparaiso Home for Sale

Price: $719,000
Bedrooms: 4
Bathrooms: 3.5
Square Feet: 4,334
Lot Size: 0.9 Acres
Year Built: 1980
Garage: 6-Car Oversized with Epoxy Floor
MLS#: 839304
Location: 12 E 700 N, Valparaiso, IN 46383
Schools: Liberty Intermediate (9/10), Chesterton Senior High (9/10)

Searching for Valparaiso homes for sale? This exceptional 4-bedroom, 3.5-bath executive home in desirable Liberty Township delivers space, privacy, and premium amenities you rarely find in one property. Built in 1980 with quality masonry construction, this 2-story residence offers over 4,300 square feet of living space packed with updates and recreational features that will impress any buyer looking for Valparaiso homes for sale.

Interior Highlights — One of the Finest Valparaiso Homes for Sale

Gourmet Kitchen — Cherry wood cabinets, Corian countertops, large island with prep sink, skylight, and eating area.
Formal Dining Room — Features a beautiful formal dining set included with the home.
Entertainment Room — 98″ TV, custom-built bar with granite countertop, full-size pool table — all included.
Natural Stone Fireplace — Two-story brick fireplace with wooden mantel and electric insert in the lower level.
Primary Suite — Spacious bedroom with walk-in closet, hardwood floors, and en-suite bath.
Laundry Room — Full-sized side-by-side washer/dryer with cabinetry and folding counter.
Whole-Home Water Filtration — Clean water throughout the house.
Reolink Security Cameras — Complete system covering the property.
Generac Generator — Whole-house backup generator.
Home Warranty — Included for buyer peace of mind.

Outdoor & Recreation

Putting Green — Private practice green in the backyard.
Pergola Patio — Covered patio with decorative stone inlays, string lighting, and outdoor furniture.
Multi-Tiered Garden — Terraced landscaping with red mulch, shrubs, and stone pathway.
Fire Pit Area — Circular fire pit for evening gatherings.
Golf Simulator — Indoor practice setup in the oversized 6-car garage with epoxy flooring.
Expansive Lawn — Nearly 1 acre of private, wooded property.

Recent Updates

This Valparaiso home for sale has been meticulously maintained with significant recent improvements:

Roof: 2 years old
A/C: 1 year old
Furnaces: Newer
Electrical Panel: New
Garage Doors: Updated with openers
Water Filtration: Whole-home system installed
Generac Generator: Whole-house backup
Security System: Reolink cameras throughout

Additional Features

6-car oversized garage with epoxy flooring — plenty of space for vehicles, toys, and a golf simulator
~1,400 sq ft of attic storage with shop lighting above garage
Brick and siding combination exterior — low maintenance, quality construction
Liberty Township location — close to Valparaiso amenities, Chesterton schools, and the Indiana Dunes
Easy access to I-94 for Chicago commuters

Frequently Asked Questions About This Valparaiso Home for Sale

How much is 12 E 700 N Valparaiso?

This Valparaiso home for sale is priced at $719,000, offering 4 bedrooms and 3.5 bathrooms across 4,334 square feet on nearly one acre in Liberty Township. It is one of the most affordable Valparaiso homes for sale in this price range given the acreage and amenities.

What features does this Valparaiso home for sale include?

This Valparaiso home for sale features a gourmet kitchen with cherry cabinets, Corian countertops, formal dining room, custom bar with 98-inch TV, full-size pool table, private putting green, pergola patio, fire pit area, 6-car garage with epoxy flooring, and indoor golf simulator setup. Many Valparaiso homes for sale do not offer this level of recreational amenities.

Is a home warranty included?

Yes, a home warranty is included for buyer peace of mind. The home also has a 2-year-old roof, 1-year-old A/C, newer furnaces, and a new electrical panel. These updates make this one of the most turnkey Valparaiso homes for sale on the market.

What schools serve this Valparaiso home for sale?

This Valparaiso home for sale is served by Liberty Intermediate School (rated 9/10) and Chesterton Senior High School (rated 9/10), making it an excellent choice for families searching for Valparaiso homes for sale in top-rated school districts.

How can I schedule a tour?

Contact Josh Pavich at 219-508-8579 to schedule a private showing of this Valparaiso home for sale. View the full listing details on Redfin or browse all Valparaiso homes for sale in the area.

Schedule a Showing

Interested in this Valparaiso home for sale? View this listing on Redfin
Contact Josh Pavich at 219-508-8579 to schedule a private showing. This exceptional property won’t last long. View our latest Valparaiso market report or browse all NWI homes for sale.

Listing provided by Josh Pavich • Weichert Realtors — Shoreline • MLS# 839304

Josh Pavich Real Estate Professional – Josh Pavich Real Estate in Northwest Indiana

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