Real Estate Price Maphome prices by county

Lake County, IN home prices

Lake County, IN: the typical home is worth $253,012 as of 2026-05, up +1.6% over the past year and n/a since 2000. Listings run about $173/sq ft. Rent…

Data as of · by the Real Estate Price Map data team · methodology & sources

Lake County is cooling and fairly valued — very affordable for what people here earn.

Momentum+1.6%Cooling
Valuation-10%Fair value
Affordability9/10Very affordable
Market46 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1975: $27,914 → 2026: $253,012 (9.1×) pre-2000 estimated via FHFA index

Typical value$253,0122026-05
1-year+1.6%
5-year+26.9%
10-year+87.9%
Since 2000n/a
Population502k2024
Median income$69,1822023 · 3.7× income
Median rent$1,441/mo2026 · 6.8% gross yield
New homes/yr1,6492024
Price / sq ft$173listings
Days on market462026-06
Active listings1,2762026-06
Price cuts24%of listings

Market read

At $253,012, homes in Lake County sit 8% above the Indiana median ($234,016) and 8% above the US median ($233,954). That ranks #35 of 92 Indiana counties by price.

Prices are holding steady (+1.6% in the last year) — a balanced market.

Homes here move at a steady pace — a median 46 days on the market, with 24% of listings cutting their asking price.

At 3.7× local income, that's more affordable than the typical US county (~3.8×).

Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.

Buying looks cheaper than renting — ~$1,249/mo to buy (P&I, 20% down) vs $1,441/mo to rent.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Porter County, IN ($332,829) · Will County, IL ($375,899) · Cook County, IL ($334,930) · La Porte County, IN ($258,576) · Jasper County, IN ($300,994) · Kankakee County, IL ($223,735)

Frequently asked questions

What is the average home price in Lake County, IN?
The typical home in Lake County is worth $253,012 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Lake County rising or falling?
Prices are up +1.6% over the past year and n/a since 2000 — a balanced market.
Is Lake County affordable?
At 3.7× the local median income of $69,182, Lake County is more affordable than the typical US county.
What is the rental yield in Lake County?
Median rent is $1,441/mo — a gross rental yield of 6.8% on the typical home.
How fast do homes sell in Lake County?
Homes here take a median of 46 days to sell, with 24% of listings cutting their asking price.
Median home value by year
YearMedian home value
2003$99,216
2004$101,105
2005$112,343
2006$116,171
2007$120,794
2008$124,224
2009$122,072
2010$120,846
2011$117,530
2012$118,983
2013$121,490
2014$125,737
2015$130,865
2016$136,315
2017$144,272
2018$155,332
2019$167,326
2020$175,924
2021$207,578
2022$228,943
2023$237,324
2024$246,695
2025$250,249