Michigan City Real Estate Market Update – January 2026
Data-driven analysis of the Michigan City, Indiana housing market | By Josh Pavich, REALTOR®
The Michigan City housing market surged in January 2026, with the median sale price reaching $170,000 — a +19.3% increase compared to January 2025. Here’s a comprehensive Michigan City real estate market update showing what the numbers mean for buyers and sellers.
📊 January 2026 Key Metrics
📈 Michigan City Market Analysis: Michigan City real estate market update
Michigan City’s market tells a nuanced story. Prices jumped 19.3% to $170,000, making it the most affordable community in our NW Indiana analysis. However, days on market surged from 19 to 63, and the sale-to-list ratio dropped to 94.9%—the lowest in the region. This suggests that while overall values are rising (driven partly by lakefront and investment properties), the broader market is experiencing a correction in seller expectations. For buyers, this creates opportunity; for sellers, it requires realistic pricing.
Michigan City vs. LaPorte County
| Metric | Michigan City | LaPorte County |
|---|---|---|
| Median Sale Price | $170,000 | $244,990 |
| YoY Price Change | +19.3% | +44.1% |
| Homes Sold (Jan) | 23 | — |
| Median Days on Market | 63 days | — |
| Sale-to-List Ratio | 94.9% | — |
| Competition Level | Somewhat Competitive | — |
For the full LaPorte County breakdown and regional context, see our Northwest Indiana Real Estate Market Update – January 2026.
📊 Michigan City Real Estate Price Comparison vs. NW Indiana Towns
This michigan city real estate market update is based on January 2026 housing data for LaPorte County. For personalized market analysis, request your free sales report.
🏠 What This Means for Buyers & Sellers
🔑 Buyer Tip
Michigan City is the best buyer’s market in NW Indiana right now. The 94.9% sale-to-list ratio means average discounts of 5% below asking. Take your time, negotiate firmly, and look for properties that have been listed 45+ days for the best deals.
💰 Seller Tip
The market has shifted. Days on market jumped from 19 to 63, and buyers are negotiating harder. Price your home based on recent comparable sales, not aspirational values. Consider pre-listing inspections to build buyer confidence.
This Michigan City real estate market data is updated monthly with official NIRA MLS statistics. Looking for more on this Michigan City real estate market update? Thinking about buying or selling in Michigan City? I’d love to help you navigate this market with data-driven strategy.
📊 Get Your Free Sales Report | 📊 Full NW Indiana Market Report
📋 Official MLS Data: Michigan City — January 2026
The following data comes directly from the NIRA MLS FastStats report for Michigan City, comparing January 2025 vs. January 2026. This is official MLS data from the Northwest Indiana REALTORS® Association.
| Key Metric | Jan 2025 | Jan 2026 | % Change |
|---|---|---|---|
| New Listings | 52 | 22 | -57.7% |
| Pending Sales | 23 | 15 | -34.8% |
| Closed Sales | 21 | 21 | 0.0% |
| Days on Market | 27 | 43 | +59.3% |
| Median Sales Price | $145,000 | $165,000 | +13.8% |
| Average Sales Price | $177,117 | $197,220 | +11.4% |
| % of Original List Price | 99.8% | 91.2% | -8.6% |
| Inventory of Homes | 71 | 66 | -7.0% |
| Months Supply | 2.6 | 2.6 | 0.0% |
Key takeaways from the MLS data: Michigan City saw a median sales price of $165,000 in January 2026 (+13.8% year-over-year), with 21 closed sales (0.0%) and homes taking an average of 43 days to sell (+59.3%). Inventory sits at 66 homes (-7.0%), representing 2.6 months of supply.
For a broader look at price trends across all Northwest Indiana communities, see Are Home Prices Dropping in Northwest Indiana in 2026?
