Population: 11,547 · Density: 493.9/mi² · Median household income: $54,521
Typical home value: $105,739 · Homeownership: 69.7%
Data as of January 2026. Source: Realtor.com.
The LAKE STATION, IN real estate market (46405) currently shows 38 active listings, with 12 pending sales. Homes are averaging 80 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 80 days on market compared to 69 days last year.
The median listing price has risen 14.1% year-over-year, from $157,675 to $179,900.
Whether you are buying or selling in LAKE STATION, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 46405 | Lake Station, IN 46405 | 0.0 mi | 38 | $6,947,008 | $179,900 | $182,816 |
| 46407 | Gary, IN 46407 | 3.5 mi | 56 | $4,764,536 | $66,500 | $85,081 |
| 46342 | Hobart, IN 46342 | 4.0 mi | 106 | $30,111,950 | $272,450 | $284,075 |
| 46402 | Gary, IN 46402 | 4.4 mi | 31 | $3,810,582 | $127,000 | $122,922 |
| 46408 | Gary, IN 46408 | 5.9 mi | 52 | $8,174,556 | $165,000 | $157,203 |
| 46406 | Gary, IN 46406 | 7.7 mi | 26 | $4,045,730 | $170,000 | $155,605 |
| 46323 | Hammond, IN 46323 | 9.9 mi | 43 | $9,133,673 | $214,900 | $212,411 |
| 46385 | Valparaiso, IN 46385 | 10.5 mi | 190 | $104,446,610 | $448,500 | $549,719 |
| 46375 | Schererville, IN 46375 | 11.3 mi | 85 | $32,242,285 | $349,900 | $379,321 |
| 46307 | Crown Point, IN 46307 | 12.3 mi | 302 | $131,119,340 | $384,995 | $434,170 |
| 46320 | Hammond, IN 46320 | 12.4 mi | 23 | $5,353,388 | $214,950 | $232,756 |
| 46327 | Hammond, IN 46327 | 13.4 mi | 18 | $3,605,400 | $185,000 | $200,300 |
| 46394 | Whiting, IN 46394 | 14.3 mi | 32 | $8,589,696 | $249,999 | $268,428 |
As of January 2026, there are 38 active listings in LAKE STATION, IN (zip code 46405), compared to 40 the prior year.
The median listing price in LAKE STATION, IN 46405 is $179,900 as of January 2026, a 14.1% increase from $157,675 the prior year.
Homes in LAKE STATION, IN 46405 spend an average of 80 days on the market before going under contract, compared to 69 days the prior year.
Based on current inventory and days-on-market data as of January 2026, LAKE STATION, IN 46405 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 80 days on market compared to 69 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE STATION, IN 46405 save an estimated $3,598 compared to a typical 5% commission on the median listing price of $179,900. 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.