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City / Town Overview

Michigan City, IN

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The Michigan City, IN real estate market currently shows 237 active listings, with 108 pending sales. Homes are averaging 62 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 62 days on market compared to 61 days last year.

The median listing price has fallen 7.4% year-over-year, from $310,450 to $287,500.

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Market Context

Market Context

Population: 43,891  ·  Density: 221.3/mi²  ·  Median household income: $58,215

Typical home value: $141,800  ·  Homeownership: 68.7%

Included Areas

Michigan City: 46360, 46361

Area Map

Market Overview

Active Listings
237
⇧ 2.6% vs 231 last year
Pending
108
46% pending ratio
Median Price
$287,500
⇩ 7.4% vs $310,450 last year
Average Price
$403,725
⇩ 7.5% vs $436,295 last year
Days on Market
62
⇧ 1.6% vs 61 days last year

Price Per Square Foot

Median $/sqft
$176
⇩ 3.8% vs $183/sqft last year
Median Home Size
1,799 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %