Call or Text (240) SELL-123

LAKE STATION, IN 46405

Real Estate Market Report  ·  Lake County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
38
⇩ 5% vs 40 last year
Pending
12
32% pending ratio
Median Price
$179,900
⇧ 14.1% vs $157,675 last year
Average Price
$182,816
⇧ 11.4% vs $164,176 last year
Days on Market
80
⇧ 15.9% vs 69 days last year

Market Context

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

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

Market Analysis

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for LAKE STATION, IN 46405 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 38 this year vs 40 last year
  • Days on market: 80 now vs 69 last year

Median & Average Pricing

Year over Year
  • Median: $179,900 (+14.1% YoY)
  • Average: $182,816 (+11.4% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.3 miles — 1,002 listings ($352,344,754 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46405Lake Station, IN 464050.0 mi38$6,947,008$179,900$182,816
46407Gary, IN 464073.5 mi56$4,764,536$66,500$85,081
46342Hobart, IN 463424.0 mi106$30,111,950$272,450$284,075
46402Gary, IN 464024.4 mi31$3,810,582$127,000$122,922
46408Gary, IN 464085.9 mi52$8,174,556$165,000$157,203
46406Gary, IN 464067.7 mi26$4,045,730$170,000$155,605
46323Hammond, IN 463239.9 mi43$9,133,673$214,900$212,411
46385Valparaiso, IN 4638510.5 mi190$104,446,610$448,500$549,719
46375Schererville, IN 4637511.3 mi85$32,242,285$349,900$379,321
46307Crown Point, IN 4630712.3 mi302$131,119,340$384,995$434,170
46320Hammond, IN 4632012.4 mi23$5,353,388$214,950$232,756
46327Hammond, IN 4632713.4 mi18$3,605,400$185,000$200,300
46394Whiting, IN 4639414.3 mi32$8,589,696$249,999$268,428

Frequently Asked Questions

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

As of January 2026, there are 38 active listings in LAKE STATION, IN (zip code 46405), compared to 40 the prior year.

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

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.

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

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.

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 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.

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 $3,598 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.