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MICHIGAN CITY, IN 46360

Real Estate Market Report  ·  LaPorte County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
179
⇧ 67.3% vs 107 last year
Pending
69
39% pending ratio
Median Price
$299,500
⇧ 53.8% vs $194,750 last year
Average Price
$395,283
⇧ 40.9% vs $280,627 last year
Days on Market
99
⇧ 80% vs 55 days last year

Market Context

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

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

Market Analysis

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

The MICHIGAN CITY, IN real estate market (46360) currently shows 179 active listings, with 69 pending sales. Homes are averaging 99 days on the market before going under contract.

Inventory has increased compared to last year, with 72 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 99 days on market compared to 55 days last year.

The median listing price has risen 53.8% year-over-year, from $194,750 to $299,500.

Whether you are buying or selling in MICHIGAN CITY, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 179 this year vs 107 last year
  • Days on market: 99 now vs 55 last year

Median & Average Pricing

Year over Year
  • Median: $299,500 (+53.8% YoY)
  • Average: $395,283 (+40.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.0 miles — 583 listings ($266,761,312 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46360Michigan City, IN 463600.0 mi179$70,755,657$299,500$395,283
46350La Porte, IN 463509.2 mi112$42,841,232$296,450$382,511
46391Westville, IN 4639110.1 mi7$2,770,600$339,999$395,800
49129Union Pier, MI 4912912.8 mi11$12,824,845$1,029,000$1,165,895
46345Kingsbury, IN 4634513.8 mi1$80,000$80,000$80,000
46382Union Mills, IN 4638216.0 mi2$629,900$314,950$314,950
46346Kingsford Heights, IN 4634617.0 mi16$3,784,368$244,995$236,523
49115Harbert, MI 4911517.6 mi1$1,387,000$1,387,000$1,387,000
46368Portage, IN 4636817.7 mi130$46,048,600$329,000$354,220
46552New Carlisle, IN 4655219.6 mi26$58,081,400$800,000$2,233,900
49113Galien, MI 4911320.4 mi6$7,207,902$724,000$1,201,317
46403Gary, IN 4640321.1 mi54$13,402,800$221,000$248,200
46405Lake Station, IN 4640522.0 mi38$6,947,008$179,900$182,816

Frequently Asked Questions

How many homes are for sale in MICHIGAN CITY, IN 46360?

As of January 2026, there are 179 active listings in MICHIGAN CITY, IN (zip code 46360), compared to 107 the prior year.

What is the median home price in MICHIGAN CITY, IN 46360?

The median listing price in MICHIGAN CITY, IN 46360 is $299,500 as of January 2026, a 53.8% increase from $194,750 the prior year.

How long do homes stay on the market in MICHIGAN CITY, IN?

Homes in MICHIGAN CITY, IN 46360 spend an average of 99 days on the market before going under contract, compared to 55 days the prior year.

Is it a seller's or buyer's market in MICHIGAN CITY, IN 46360?

Based on current inventory and days-on-market data as of January 2026, MICHIGAN CITY, IN 46360 is currently a Buyer's Market. Inventory has increased compared to last year, with 72 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 99 days on market compared to 55 days last year.

How much can I save on real estate commission in MICHIGAN CITY, IN?

With SELL123.com's maximum 3% commission, sellers in MICHIGAN CITY, IN 46360 save an estimated $5,990 compared to a typical 5% commission on the median listing price of $299,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.