Housing in Michigan City, IN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$170,000
Median List Price
$249,000
Price Per Sq Ft
$144
Days on Market
63
Active Inventory
89
Months of Supply
3.9
Seller's market
Zillow Home Value
$178,959
ZHVI — January 2026
Zillow Rent Index
$1,138
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
8.7%
Off Market in 2 Weeks
21.4%
Sale-to-List Ratio
94.9%
Buyer's market
Market Activity
Source: RedfinHomes Sold
23
New Listings
25
Pending Sales
14
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$144
Median List $/SF
$150
Michigan City vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Michigan City 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
$129,000
Median Rent
$915
Total Housing Units
15,061
Vacancy Rate
14.3%
Owner Occupied
58.2%
Renter Occupied
41.8%
Median Property Tax
$1,131
per year
Monthly Cost (w/ Mortgage)
$780
Housing Types
The current median sale price in Michigan City, IN is $170,000 according to Redfin data. Homes spend a median of 63 days on the market. 8.7% of homes sold above asking price. The market has 3.9 months of supply. The median price per square foot is $144. Zillow's observed rent index is $1,138/month. About 58.2% of housing units are owner-occupied. The median year homes were built is 1961. There are 15,061 total housing units.