Housing in Lake Station, IN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$181,000
Median List Price
$179,900
Price Per Sq Ft
$128
Days on Market
73
Active Inventory
28
Months of Supply
3.1
Seller's market
Zillow Home Value
$145,953
ZHVI — January 2026
Zillow Rent Index
$1,250
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
11.1%
Off Market in 2 Weeks
25.0%
Sale-to-List Ratio
97.0%
Buyer's market
Market Activity
Source: RedfinHomes Sold
9
New Listings
11
Pending Sales
16
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$128
Median List $/SF
$143
Lake Station vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Lake Station is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$124,800
Median Rent
$1,115
Total Housing Units
5,120
Vacancy Rate
7.2%
Owner Occupied
69.5%
Renter Occupied
30.5%
Median Property Tax
$1,315
per year
Monthly Cost (w/ Mortgage)
$970
Housing Types
The current median sale price in Lake Station, IN is $181,000 according to Redfin data. Homes spend a median of 73 days on the market. 11.1% of homes sold above asking price. The market has 3.1 months of supply. The median price per square foot is $128. Zillow's observed rent index is $1,250/month. About 69.5% of housing units are owner-occupied. The median year homes were built is 1962. There are 5,120 total housing units.