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Aberdeen Central Coolwood Acres Crestview Downtown Valparaiso (Downtown Valpo) Lincoln Hills Marion Manor Salt Creek Sylvan Manor Westhill

VALPARAISO, IN 46385

Real Estate Market Report  ·  Porter County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 46385

Aberdeen · Central · Coolwood Acres · Crestview · Downtown Valparaiso (Downtown Valpo) · Lincoln Hills · Marion Manor · Salt Creek · Sylvan Manor · Westhill

Market Analysis

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

The VALPARAISO, IN real estate market (46385) currently shows 194 active listings, with 73 pending sales. Homes are averaging 70 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 70 days on market compared to 97 days last year.

The median listing price has fallen 9.2% year-over-year, from $494,450 to $448,976.

Whether you are buying or selling in VALPARAISO, 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 Context

Market Context

Population: 41,304  ·  Density: 197.5/mi²  ·  Median household income: $95,350

Typical home value: $284,677  ·  Homeownership: 87.8%

Market Overview

Active Listings
194
⇧ 0.5% vs 193 last year
Pending
73
38% pending ratio
Median Price
$448,976
⇩ 9.2% vs $494,450 last year
Average Price
$554,810
⇧ 3.4% vs $536,669 last year
Days on Market
70
⇩ 27.8% vs 97 days last year

Price Per Square Foot

Median $/sqft
$183
⇩ 3.2% vs $189/sqft last year
Median Home Size
2,284 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 194 this year vs 193 last year
  • Days on market: 70 now vs 97 last year

Median & Average Pricing

Year over Year
  • Median: $448,976 (-9.2% YoY)
  • Average: $554,810 (+3.4% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.5 miles — 751 listings ($293,099,704 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46385Valparaiso, IN 463850.0 mi186$106,521,270$463,975$572,695
46383Valparaiso, IN 463836.4 mi102$47,396,952$397,348$464,676
46342Hobart, IN 463427.3 mi115$33,335,395$274,900$289,873
46405Lake Station, IN 4640510.5 mi37$7,229,319$197,450$195,387
46304Chesterton, IN 4630411.0 mi108$53,266,140$368,725$493,205
46409Gary, IN 4640911.9 mi45$5,326,200$137,500$118,360
46403Gary, IN 4640312.0 mi51$13,064,007$240,200$256,157
46347Kouts, IN 4634712.5 mi7$3,955,581$377,800$565,083
46390Wanatah, IN 4639013.3 mi6$2,213,958$311,725$368,993
46402Gary, IN 4640214.8 mi26$3,288,688$123,000$126,488
46319Griffith, IN 4631915.9 mi40$11,073,520$268,650$276,838
46301Beverly Shores, IN 4630117.2 mi2$2,400,000$1,200,000$1,200,000
46406Gary, IN 4640617.5 mi26$4,028,674$169,999$154,949

Frequently Asked Questions

How many homes are for sale in VALPARAISO, IN 46385?

As of March 2026, there are 194 active listings in VALPARAISO, IN (zip code 46385), compared to 193 the prior year.

What is the median home price in VALPARAISO, IN 46385?

The median listing price in VALPARAISO, IN 46385 is $448,976 as of March 2026, a 9.2% decrease from $494,450 the prior year.

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

Homes in VALPARAISO, IN 46385 spend an average of 70 days on the market before going under contract, compared to 97 days the prior year.

Is it a seller's or buyer's market in VALPARAISO, IN 46385?

Based on current inventory and days-on-market data as of March 2026, VALPARAISO, IN 46385 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 70 days on market compared to 97 days last year.

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

With SELL123.com's maximum 3% commission, sellers in VALPARAISO, IN 46385 save an estimated $8,980 compared to a typical 5% commission on the median listing price of $448,976. 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.