Lake Station Real Estate Market April 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 April 2026. New listings dropped -17.6% and total inventory held at 16 homes. Demand stayed strong with closed sales -37.5%, pushing the median price +17.0% to $192,450. The Lake Station market remains a seller’s market at 1.3 months of supply. Here’s the full picture.
📊 April 2026 Key Metrics
📈 Lake Station Market Analysis
Lake Station is part of the Northwest Indiana real estate landscape. At a $192,450 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 -30.4% to 16 (from 23 a year ago). New listings moved -17.6% (now 14). Lake Station remains a seller’s market at 1.3 months of supply (3.0 is the standard balanced-market benchmark).
Demand is soft: closed sales fell -37.5% to 10, and pending sales rose +50.0% to 12. Days on market increased from 32 to 69 — homes are taking longer than a year ago.
Prices moved up: the median climbed +17.0% to $192,450, while the average moved +4.8% to $177,180. Sellers received 96.6% of list price, up from 93.5%.
Lake Station vs. Lake County
| Metric | Lake Station | Lake County |
|---|---|---|
| Median Sale Price | $192,450 | (see county report) |
| YoY Price Change | +17.0% | — |
| Homes Sold (Apr) | 10 | — |
| Median Days on Market | 69 days | — |
| Months Supply | 1.3 | — |
For the full Lake County breakdown, see our Lake County Real Estate Market Update – April 2026.
📊 Price Comparison: Lake Station vs. NW Indiana Towns
Median sale prices for April 2026.
🏠 What This Means for Buyers & Sellers
🔑 Buyer Tip
Lake Station at a $192,450 median is one of the more affordable markets in the area. Inventory is tight, giving sellers leverage. Search Lake Station listings →
💰 Seller Tip
With 1.3 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 — April 2026
The following data comes directly from the NIRA MLS FastStats report for Lake Station, comparing April 2025 vs. April 2026.
| Key Metric | April 2025 | April 2026 | % Change |
|---|---|---|---|
| New Listings | 17 | 14 | -17.6% |
| Pending Sales | 8 | 12 | +50.0% |
| Closed Sales | 16 | 10 | -37.5% |
| Days on Market | 32 | 69 | +115.6% |
| Median Sales Price | $164,500 | $192,450 | +17.0% |
| Average Sales Price | $169,125 | $177,180 | +4.8% |
| % of Original List Price | 93.5% | 96.6% | +3.3% |
| Inventory of Homes | 23 | 16 | -30.4% |
| Months Supply | 1.9 | 1.3 | -31.6% |
Key takeaways: The Lake Station real estate market in April 2026 shows a +17.0% median price move to $192,450 with -30.4% inventory change to 16 homes and 1.3 months of supply. At a $192,450 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.
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 April 2026
What is the median home price in Lake Station for April 2026?
The median sale price in the Lake Station real estate market for April 2026 was $192,450, +17.0% year-over-year.
Is Lake Station a buyer's or seller's market in April 2026?
Lake Station is a seller's market with 1.3 months of supply (3 months is the standard balance benchmark).
How is housing inventory in Lake Station for April 2026?
Lake Station inventory is at 16 active homes in April 2026, with 10 closed sales. Months supply is 1.3.
How long are homes taking to sell in Lake Station?
Days on Market in Lake Station for April 2026 was 69 days, up from 32 days a year earlier.
