“Tracy was amazing and understanding. She helped me every step of the way she is phenomenal.”
EXP Realty
- Agent Pronto
- Indiana
- Lake Station
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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for October 2026.*
* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.
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Lake Station real estate Market Report.
Information and statistics on the latest trends in the Lake Station real estate market. *
Latest Rolling 3-Month Snapshot
Jul 1, 2026 - Sep 30, 2026
Median sale price
$195K
-7.3%
from Q2 '26
Median list price
$180K
-9.7%
from Q2 '26
Active listings
59
-7.8%
from Q2 '26
Homes sold
35
+13%
from Q2 '26
New pendings
28
-28%
from Q2 '26
New listings
35
-15%
from Q2 '26
Quarterly Pricing Trends for Lake Station
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Lake Station
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Lake Station
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Inventory and Sales Activity for Lake Station
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Lake Station
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Lake Station
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
21
Seller’s Market
Seller’s Market
Buyer’s Market
0
20
40
60
80
100
0
25
50
75
100
Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026 - Sep 2026).
Lake Station currently leans toward sellers, with the market gauge at 21 indicating a clear seller’s market. Inventory is tight at only 1.8 months of supply in this rolling three-month view. Fewer homes are available and buyers face more competition for each listing.
Home values have moved up solidly over the past year, with the typical home value rising about 15 percent compared with the same three-month period last year. At the same time, new listings are down more than 40 percent year over year and active listings are down about 35 percent, so buyers are choosing from a much smaller pool of homes.
Demand is still steady, though it has cooled from last year’s pace. Homes now spend a median of 36 days on the market, up from a year ago, and about 26 percent of recent sales closed above list price while the average sale-to-list ratio stands near 99 percent. This mix of rising prices, fewer listings, and mostly full-price offers underscores the importance of working with a skilled local agent. Agent Pronto can connect both buyers and sellers with an agent who understands these trends and can help them navigate the Lake Station market with confidence.
Learn more about what Lake Station has to offer.
Lake Station offers residents a friendly, close-knit community with affordable housing, plentiful parks and recreation, convenient access to jobs and transit, and opportunities to connect with neighbors and local services.
Lake Station offers a quieter, more close‑knit alternative to nearby Gary and the busier corridors of Merrillville, while still keeping Chicago commutes and lakefront outings within reach. With quick access to I‑80/94 and the South Shore Line stations in adjacent communities, residents balance small‑city familiarity with regional mobility.
Life here centers on community spaces and local events. Riverview Park and Lake Station Riverwalk provide green space along the Little Calumet River, while Lake Station Public Library offers year‑round programs for all ages. Families appreciate proximity to River Forest Jr/Sr High School and other schools in the River Forest Community School Corporation, which anchor neighborhood life and extracurricular activities.
Recreation is a strong draw. Residents enjoy fishing and picnicking at Four Seasons Park, or a short drive to lakeshore beaches in Portage and Michigan City. Local eateries along Central Avenue and modest commercial centers give daily convenience without heavy congestion, while larger retail and dining options in Hobart and Crown Point remain close.
Whether you already live in Lake Station or are weighing a move, timing and preparation matter. An experienced local agent can help buyers act quickly on well‑priced homes and guide sellers in pricing and presenting their property for current demand. Agent Pronto connects both buyers and sellers with the right real estate professional to navigate this market confidently.
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“Debra went above and beyond to help me through this process. I felt comfortable from the very beginning. Wonderful experience.”
Brokerworks Real Estate Group
“Working with Bryce was a fantastic experience! He is professional, knowledgeable and went above and beyond at every step of the process. He took the time to truly understand what I was looking for in a new home and he expertly negotiated on my behalf. I would highly recommend Bryce to anyone who is looking for a dedicated real estate agent who has your best interest.”
Elevate - The Real Estate Company
“From the moment we met Sarah we knew she was the right fit for us. Her communication, knowledge of Cedar Lake , always keeping us informed along the way. We highly recommend her to anyone who's looking to sell. Thanks again Sarah 😊”
Brokerworks Real Estate Group
“Wendy is a wonderful agent and person. She did everything the way we wanted it and the house had an offer on day 2 or 3. Would highly recommend her if you are looking for a great agent!”
Key Realty
“It was a great pleasure working with Kelly as she is very helpful, supportive, and caring. She promised to find me a great home and she did. She is so responsive when I contacted her. Kelly made me feel secure throughout my journey to find a house. I highly appreciate her professionalism.”
Realty Executives Premier
“Jorrdan was great! He went above and beyond for us! I would highly recommend him to anyone buying a home in Northwest Indiana.”
McColly Real Estate
“Dan Nolan was great. He was very honest and up front from the beginning. We were very pleased with his expertise in real estate. He got us more money than we expected in the sale and what other realtors expected to get. The house was sold within 3 weeks from listing and we were not expecting to show it for two more weeks. Glad we did—we entered into a sales contract in week 3. Very happy with results and would definitely use Dan Nolan again.”
Exit Realty Exit Strategy Realty
“Cari and Geri was great”
RE/MAX Executives
“I am a 55 year old business man that has purchased a number of primary and secondary residences. Of all of the realtors, Nicole was clearly the best. She was knowledgable and super responsive at all hours. In fact, I am not sure if she sleeps. Nicole helped me identify the exact right condo based on a number of requirements and then helped me to move quickly to lock it down. I would definitely work with Nicole again.”
Compass
“Mary Beth Myers was awesome!!!!”
McColly Real Estate
Frequently Asked Questions
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There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Lake Station. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
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Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
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We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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No. Agent Pronto is a free service for home buyers and sellers and you are under no obligation to work with our recommended agents. Find your Lake Station Realtor® or real estate agent today.
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