Lake County, IN Average Home Price (2026)
The average home price in Lake County, Indiana is about $184,000 (the 2026 median across 27 ZIP codes, at ~$155/sq ft) — 21% more affordable than the Indiana median and 36% more affordable than the typical U.S. home.
How Lake County compares
Lake County is relatively affordable for housing nationally: its typical home costs $184,000 against $234,000 for Indiana and $289,000 for the U.S. Within the county, ZIP-level values run from about $57,000 to $458,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Lake County | $184,000 | $155 |
| Indiana | $234,000 | $154 |
| United States | $289,000 | $193 |
Cities in Lake County
Cities with their own home-value page, largest first:
Lake County home prices by ZIP code
The 15 most valuable ZIP codes in Lake County (of 27 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 46373 Saint John | $458,000 | $228 | +149% |
| 46311 Dyer | $366,000 | $201 | +99% |
| 46307 Crown Point | $360,000 | $187 | +96% |
| 46375 Schererville | $358,000 | $173 | +95% |
| 46321 Munster | $354,000 | $178 | +92% |
| 46303 Cedar Lake | $336,000 | $211 | +83% |
| 46356 Lowell | $335,000 | $200 | +82% |
| 46322 Highland | $268,000 | $158 | +46% |
| 46319 Griffith | $251,000 | $180 | +36% |
| 46410 Merrillville | $242,000 | $159 | +32% |
| 46342 Hobart | $239,000 | $172 | +30% |
| 46394 Whiting | $206,000 | $132 | +12% |
| 46323 Hammond | $188,000 | $160 | +2% |
| 46324 Hammond | $184,000 | $149 | +0% |
| 46376 Schneider | $179,000 | $170 | -3% |
Home value appreciation in Lake County
Home prices in Lake County have risen about 82% over the last 10 years (≈6.2% a year) and +83.4% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +3.2% — still rising. A home worth $184,000 today was worth roughly $100,933 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Indiana is +94.5% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Lake County
Run the numbers for Lake County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Lake County
To buy the typical $184,000 home in Lake County with 20% down, you need a household income of roughly $50,000 a year (about $1,170 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $59,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $9,200 | $1,450/mo | $62,000/yr |
| 10% (+PMI) | $18,400 | $1,390/mo | $59,000/yr |
| 20% | $36,800 | $1,170/mo | $50,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Lake County
At about $155 per square foot, here is roughly how much home different budgets get you in Lake County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 970 sq ft | around the typical home here |
| $200k | 1290 sq ft | around the typical home here |
| $250k | 1610 sq ft | above the median — larger homes or the pricier ZIPs |
| $300k | 1940 sq ft | above the median — larger homes or the pricier ZIPs |
| $400k | 2580 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Indiana.
Estimate a specific home in Lake County
Enter your ZIP and size for an instant estimate tailored to your exact area:
Lake County home prices: frequently asked
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Browse all Indiana cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.