The story of this market
The typical home in ZIP 46405 sells for about $194,000, or $151 per square foot.
Prices are up +21.33% from a year ago, so sellers still have some momentum. Homes take about 20 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,144 a month.
ZIP 46405 — Lake Station
The 46405 housing market in Lake Station shows strong price appreciation with a median listing price of $194,000. Market activity is driven by demand for single-family homes and convenient access to major regional highways like I-65.
The area is well-suited for family buyers seeking single-detached houses with two or three bedrooms in a peaceful environment.
Median prices moved up 21.3% year over year.
Homes spend a median of 20 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 16.3% · poverty 12.2% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 46405
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area benefits from proximity to major highways such as I-65, facilitating regional access.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
The area is conveniently close to major highways such as I-65, allowing for efficient vehicle access.
The area offers a peaceful atmosphere with access to local residential amenities.
The local economy is supported by residential development and regional connectivity via major highway corridors.
Data sourced from U.S. Census and ACS estimates.
- Deep River Waterpark4.37.6 mi
- Ninja Kidz Action Park Hammond, IN4.910.8 mi
- Up Your Alley3.912.6 mi
- Urban Air Trampoline and Adventure Park4.47.8 mi
- Sky Zone Schererville4.212.6 mi
- County Line Orchard4.33.5 mi
- Lighthouse Restaurant4.717.1 mi
- Porter County Fairgrounds4.515.3 mi
- The American Factory by Journeyman Distillery4.112.4 mi
- Lake County Fairgrounds4.613.7 mi
- Indiana Dunes National Park4.611.5 mi
- Indiana Dunes State Park4.712.4 mi
- Emagine Portage4.65 mi
- Deep River Waterpark4.37.6 mi
- Ninja Kidz Action Park Hammond, IN4.910.8 mi
- Indiana Dunes National Park4.611.5 mi
- Indiana Dunes State Park4.712.4 mi
- Indiana Dunes National Park West Beach Bath House4.64 mi
- Portage Lakefront & Riverwalk4.65.2 mi
- Bulldog Park4.512.7 mi
- Hammond Marina4.415.7 mi
- Crowley's Yacht Yard LLC4.417.9 mi
- East Chicago Marina4.411 mi
- Pier 11 Marina4.618.7 mi
- Marina Shores at Dune Harbor4.64.7 mi
- White Hawk Country Club4.611.9 mi
- Wicker Memorial Park4.611.8 mi
- Innsbrook Country Club4.68 mi
- Sand Creek Country Club4.611.6 mi
- Scherwood Golf4.311.2 mi
- Southlake Mall4.18.3 mi
- Meijer4.29.1 mi
- Meijer4.212 mi
- Meijer4.34.1 mi
- Jewel-Osco4.111.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.