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Liverpool

LAKE STATION, IN 46405

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

Neighborhoods in ZIP 46405

Liverpool

Market Analysis

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

The LAKE STATION, IN real estate market (46405) currently shows 33 active listings, with 11 pending sales. Homes are averaging 79 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 79 days on market compared to 78 days last year.

The median listing price has risen 23.4% year-over-year, from $159,950 to $197,425.

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.

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Market Context

Market Context

Population: 11,547  ·  Density: 493.9/mi²  ·  Median household income: $54,521

Typical home value: $105,739  ·  Homeownership: 69.7%

Market Overview

Active Listings
33
⇩ 23.3% vs 43 last year
Pending
11
33% pending ratio
Median Price
$197,425
⇧ 23.4% vs $159,950 last year
Average Price
$192,813
⇧ 17.9% vs $163,519 last year
Days on Market
79
⇧ 1.3% vs 78 days last year

Price Per Square Foot

Median $/sqft
$159
⇧ 15.2% vs $138/sqft last year
Median Home Size
1,270 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 33 this year vs 43 last year
  • Days on market: 79 now vs 78 last year

Median & Average Pricing

Year over Year
  • Median: $197,425 (+23.4% YoY)
  • Average: $192,813 (+17.9% 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
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 13.9 miles — 927 listings ($319,842,530 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46405Lake Station, IN 464050.0 mi37$7,229,319$197,450$195,387
46407Gary, IN 464073.5 mi71$6,051,188$60,000$85,228
46342Hobart, IN 463424.0 mi115$33,335,395$274,900$289,873
46402Gary, IN 464024.4 mi26$3,288,688$123,000$126,488
46408Gary, IN 464085.9 mi53$7,323,540$157,700$138,180
46410Merrillville, IN 464107.4 mi140$42,175,140$280,884$301,251
46319Griffith, IN 463198.9 mi40$11,073,520$268,650$276,838
46322Highland, IN 4632210.3 mi57$15,328,896$252,400$268,928
46312East Chicago, IN 4631211.1 mi27$4,693,734$172,500$173,842
46304Chesterton, IN 4630411.4 mi108$53,266,140$368,725$493,205
46324Hammond, IN 4632412.4 mi43$8,808,249$199,450$204,843
46321Munster, IN 4632112.6 mi87$42,111,393$395,974$484,039
46373Saint John, IN 4637313.9 mi123$85,157,328$713,250$692,336

Frequently Asked Questions

How many homes are for sale in LAKE STATION, IN 46405?

As of March 2026, there are 33 active listings in LAKE STATION, IN (zip code 46405), compared to 43 the prior year.

What is the median home price in LAKE STATION, IN 46405?

The median listing price in LAKE STATION, IN 46405 is $197,425 as of March 2026, a 23.4% increase from $159,950 the prior year.

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

Homes in LAKE STATION, IN 46405 spend an average of 79 days on the market before going under contract, compared to 78 days the prior year.

Is it a seller's or buyer's market in LAKE STATION, IN 46405?

Based on current inventory and days-on-market data as of March 2026, LAKE STATION, IN 46405 is currently a Balanced Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 79 days on market compared to 78 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LAKE STATION, IN 46405 save an estimated $3,949 compared to a typical 5% commission on the median listing price of $197,425. 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.