The story of this market
The typical home in ZIP 46408 sells for about $185,552, or $129 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 14 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,061 a month.
ZIP 46408 — Gary
The housing market in 46408 is characterized by low inventory and limited sales activity. Current market data reflects a median home value significantly lower than national averages, with recent sales occurring near the asking price.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 14 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 10.5% · poverty 32.3% — elevated distress and economic pressure.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 46408, Lake County IN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
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.
Data retrieved from Census ACS 5-year estimates and ZIP-Codes.com
- Deep River Waterpark4.38.9 mi
- Ninja Kidz Action Park Hammond, IN4.95.2 mi
- The Salvation Army Ray and Joan Kroc Corps Community Center Chicago4.517.4 mi
- Up Your Alley3.95.9 mi
- Urban Air Trampoline and Adventure Park4.46.3 mi
- County Line Orchard4.37.7 mi
- 115 Bourbon Street4.419.8 mi
- Lighthouse Restaurant4.712.4 mi
- Ravisloe Country Club4.515.7 mi
- The Salvation Army Ray and Joan Kroc Corps Community Center Chicago4.517.4 mi
- Emagine Portage4.610.9 mi
- The Shrine of Christ's Passion4.89.5 mi
- Deep River Waterpark4.38.9 mi
- Ninja Kidz Action Park Hammond, IN4.95.2 mi
- AMC Schererville 164.16.2 mi
- South Shore Cultural Center4.618.6 mi
- Pullman National Historical Park4.716.1 mi
- Al Capone's Chicago Manor4.419.9 mi
- Stony Island Arts Bank4.719.4 mi
- Buckley Homestead County Park4.818 mi
- Indiana Dunes National Park West Beach Bath House4.610.2 mi
- Portage Lakefront & Riverwalk4.611.7 mi
- Lemon Lake County Park4.511.1 mi
- Wampum Lake4.511.7 mi
- Centennial Park, Munster,IN4.67 mi
- Hammond Marina4.412.9 mi
- Crowley's Yacht Yard LLC4.415.3 mi
- East Chicago Marina4.48.6 mi
- Pier 11 Marina4.614 mi
- Marina Shores at Dune Harbor4.611.3 mi
- Lost Marsh Golf Course4.110.9 mi
- White Hawk Country Club4.67.2 mi
- Glenwoodie Golf Club4.512.4 mi
- Wicker Memorial Park4.65.7 mi
- Innsbrook Country Club4.63 mi
- Southlake Mall4.15.9 mi
- Meijer4.25.2 mi
- Meijer4.25.4 mi
- Meijer4.39.9 mi
- Jewel-Osco4.17.6 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.