Michigan City Real Estate Market

Michigan City Market

The median sale price for homes in Michigan City over the last 12 months is $79,236.


The median mortgage debt is $71,918.

Additional Statistics for Single Family Homes and Condos in Michigan City, IN
$118,550
Median Listing Price
92
Median Days on Market
317
Active Listings
2.2%
Distressed Listings
(foreclosures and short sales)
Michigan City, IN Price Trends - Sold vs. Listed
The median list price in May for single family homes in Michigan City is $107,000. The list prices increased by 2% from the previous month.

The price per square foot for listings in this area is $100.

The median sale price in December for single family homes is $93,104. The sale prices increased by 25.73% from the previous month.

The price per square foot for sales in this area is $39.

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Michigan City, IN Market Inventory Trends

The number of active listings in Michigan City increased by 2% from the previous month.

The median number of days active properties have been listed is 91.

The number of sales in December dropped by 12.5% from the previous month.

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Michigan City, IN Property Ownership

The percent of rental properties in Michigan City is 10.88% above the national average which is typical for urban areas.

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