Housing in Heritage Lake, IN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$300,000

Median List Price

$304,495

Price Per Sq Ft

$172

Days on Market

42

Active Inventory

12

Months of Supply

2.4

Seller's market

Price Trends

Source: Redfin
Sale Price 4.0%List Price 6.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

20.0%

Off Market in 2 Weeks

28.6%

Sale-to-List Ratio

99.3%

Buyer's market

Sold Above Asking
20.0%
Under Contract in 2 Wks
28.6%
Listings with Price Drops
33.3%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

4

Pending Sales

7

Homes Sold 54.5%New Listings 33.3%Pending 30.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$172

Median List $/SF

$184

Sale $/SF 9.0%List $/SF 7.5%Mar 24Jan 26

Heritage Lake vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Heritage Lake is highlighted.

Median Home Value

Median Price Per Sq Ft

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$237,300

Median Rent

N/A

Total Housing Units

1,564

Vacancy Rate

12.2%

Owner Occupied

97.5%

Renter Occupied

2.5%

Median Property Tax

$996

per year

Monthly Cost (w/ Mortgage)

$1,309

Housing Types

Single Family
100.0%
Multi-Family
0.0%
Mobile Home
0.0%

The current median sale price in Heritage Lake, IN is $300,000 according to Redfin data. Homes spend a median of 42 days on the market. 20.0% of homes sold above asking price. The market has 2.4 months of supply. The median price per square foot is $172. About 97.5% of housing units are owner-occupied. The median year homes were built is 1994. There are 1,564 total housing units.