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Aberdeen Central Coolwood Acres Crestview Downtown Valparaiso (Downtown Valpo) Lincoln Hills Marion Manor Salt Creek Sylvan Manor Westhill

VALPARAISO, IN 46385

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

Neighborhoods in ZIP 46385

Aberdeen · Central · Coolwood Acres · Crestview · Downtown Valparaiso (Downtown Valpo) · Lincoln Hills · Marion Manor · Salt Creek · Sylvan Manor · Westhill

Market Analysis

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

The VALPARAISO, IN real estate market (46385) currently shows 186 active listings, with 65 pending sales. Homes are averaging 75 days on the market before going under contract.

Inventory has tightened compared to last year, with 24 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 75 days on market compared to 93 days last year.

The median listing price has fallen 0.7% year-over-year, from $467,026 to $463,975.

Whether you are buying or selling in VALPARAISO, 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: 41,304  ·  Density: 197.5/mi²  ·  Median household income: $95,350

Typical home value: $284,677  ·  Homeownership: 87.8%

Market Overview

Active Listings
186
⇩ 11.4% vs 210 last year
Pending
65
35% pending ratio
Median Price
$463,975
⇩ 0.7% vs $467,026 last year
Average Price
$572,695
⇧ 3.4% vs $553,934 last year
Days on Market
75
⇩ 19.4% vs 93 days last year

Price Per Square Foot

Median $/sqft
$186
⇩ 4.1% vs $194/sqft last year
Median Home Size
2,308 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 186 this year vs 210 last year
  • Days on market: 75 now vs 93 last year

Median & Average Pricing

Year over Year
  • Median: $463,975 (-0.7% YoY)
  • Average: $572,695 (+3.4% 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
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 17.9 miles — 1,147 listings ($461,565,071 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46385Valparaiso, IN 463850.0 mi190$104,446,610$448,500$549,719
46302Boone Grove, IN 463027.2 mi1$189,000$189,000$189,000
46368Portage, IN 463688.8 mi130$46,048,600$329,000$354,220
46410Merrillville, IN 4641010.9 mi129$38,486,892$272,000$298,348
46307Crown Point, IN 4630711.4 mi302$131,119,340$384,995$434,170
46341Hebron, IN 4634111.9 mi32$13,985,088$339,945$437,034
46391Westville, IN 4639112.2 mi7$2,770,600$339,999$395,800
46407Gary, IN 4640713.3 mi56$4,764,536$66,500$85,081
46408Gary, IN 4640813.9 mi52$8,174,556$165,000$157,203
46404Gary, IN 4640415.4 mi58$9,217,766$165,000$158,927
46375Schererville, IN 4637517.1 mi85$32,242,285$349,900$379,321
46348La Crosse, IN 4634817.3 mi3$749,700$249,900$249,900
46373Saint John, IN 4637317.9 mi102$69,370,098$644,900$680,099

Frequently Asked Questions

How many homes are for sale in VALPARAISO, IN 46385?

As of February 2026, there are 186 active listings in VALPARAISO, IN (zip code 46385), compared to 210 the prior year.

What is the median home price in VALPARAISO, IN 46385?

The median listing price in VALPARAISO, IN 46385 is $463,975 as of February 2026, a 0.7% decrease from $467,026 the prior year.

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

Homes in VALPARAISO, IN 46385 spend an average of 75 days on the market before going under contract, compared to 93 days the prior year.

Is it a seller's or buyer's market in VALPARAISO, IN 46385?

Based on current inventory and days-on-market data as of February 2026, VALPARAISO, IN 46385 is currently a Seller's Market. Inventory has tightened compared to last year, with 24 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 75 days on market compared to 93 days last year.

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

With SELL123.com's maximum 3% commission, sellers in VALPARAISO, IN 46385 save an estimated $9,280 compared to a typical 5% commission on the median listing price of $463,975. 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.