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Beachwalk (Beach Walk) Brinkmans (Brinkmann) Congress Park Davis Downtown (Historic Downton District) Duneland Beach Edgewood Elston Grove (Historic Elston Grove) Forest Manor Krueger North End (N End) Trail Creek (Trailcreek) Village Green

MICHIGAN CITY, IN 46360

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 46360

Beachwalk (Beach Walk) · Brinkmans (Brinkmann) · Congress Park · Davis · Downtown (Historic Downton District) · Duneland Beach · Edgewood · Elston Grove (Historic Elston Grove) · Forest Manor · Krueger · North End (N End) · Trail Creek (Trailcreek) · Village Green

Market Analysis

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

The MICHIGAN CITY, IN real estate market (46360) currently shows 174 active listings, with 67 pending sales. Homes are averaging 92 days on the market before going under contract.

Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 92 days on market compared to 42 days last year.

The median listing price has risen 33.9% year-over-year, from $220,000 to $294,500.

Whether you are buying or selling in MICHIGAN CITY, 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: 43,891  ·  Density: 221.3/mi²  ·  Median household income: $58,215

Typical home value: $141,800  ·  Homeownership: 68.7%

Market Overview

Active Listings
174
⇧ 19.2% vs 146 last year
Pending
67
39% pending ratio
Median Price
$294,500
⇧ 33.9% vs $220,000 last year
Average Price
$395,747
⇧ 46.9% vs $269,481 last year
Days on Market
92
⇧ 119% vs 42 days last year

Price Per Square Foot

Median $/sqft
$178
⇧ 17.9% vs $151/sqft last year
Median Home Size
1,668 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 174 this year vs 146 last year
  • Days on market: 92 now vs 42 last year

Median & Average Pricing

Year over Year
  • Median: $294,500 (+33.9% YoY)
  • Average: $395,747 (+46.9% 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 22.0 miles — 583 listings ($266,761,312 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46360Michigan City, IN 463600.0 mi179$70,755,657$299,500$395,283
46350La Porte, IN 463509.2 mi112$42,841,232$296,450$382,511
46391Westville, IN 4639110.1 mi7$2,770,600$339,999$395,800
49129Union Pier, MI 4912912.8 mi11$12,824,845$1,029,000$1,165,895
46345Kingsbury, IN 4634513.8 mi1$80,000$80,000$80,000
46382Union Mills, IN 4638216.0 mi2$629,900$314,950$314,950
46346Kingsford Heights, IN 4634617.0 mi16$3,784,368$244,995$236,523
49115Harbert, MI 4911517.6 mi1$1,387,000$1,387,000$1,387,000
46368Portage, IN 4636817.7 mi130$46,048,600$329,000$354,220
46552New Carlisle, IN 4655219.6 mi26$58,081,400$800,000$2,233,900
49113Galien, MI 4911320.4 mi6$7,207,902$724,000$1,201,317
46403Gary, IN 4640321.1 mi54$13,402,800$221,000$248,200
46405Lake Station, IN 4640522.0 mi38$6,947,008$179,900$182,816

Frequently Asked Questions

How many homes are for sale in MICHIGAN CITY, IN 46360?

As of February 2026, there are 174 active listings in MICHIGAN CITY, IN (zip code 46360), compared to 146 the prior year.

What is the median home price in MICHIGAN CITY, IN 46360?

The median listing price in MICHIGAN CITY, IN 46360 is $294,500 as of February 2026, a 33.9% increase from $220,000 the prior year.

How long do homes stay on the market in MICHIGAN CITY, IN?

Homes in MICHIGAN CITY, IN 46360 spend an average of 92 days on the market before going under contract, compared to 42 days the prior year.

Is it a seller's or buyer's market in MICHIGAN CITY, IN 46360?

Based on current inventory and days-on-market data as of February 2026, MICHIGAN CITY, IN 46360 is currently a Buyer's Market. Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 92 days on market compared to 42 days last year.

How much can I save on real estate commission in MICHIGAN CITY, IN?

With SELL123.com's maximum 3% commission, sellers in MICHIGAN CITY, IN 46360 save an estimated $5,890 compared to a typical 5% commission on the median listing price of $294,500. 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.