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New Chicago, IN real estate

Compare top New Chicago real estate agents.

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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New Chicago real estate Market Report.

Information and statistics on the latest trends in the New Chicago real estate market. *

Latest Rolling 3-Month Snapshot

Jun 1, 2026 - Aug 31, 2026

Median sale price
$195K
+2.6% from Q2 '26
Median list price
$163K
-19% from Q2 '26
Active listings
9
-10% from Q2 '26
Homes sold
6
-14% from Q2 '26
New pendings
4
-43% from Q2 '26
New listings
5
-38% from Q2 '26

Quarterly Pricing Trends for New Chicago

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for New Chicago Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 Median sale price in Jul 2021 - Sep 2021: $151K Median sale price in Oct 2021 - Dec 2021: $145K Median sale price in Jan 2022 - Mar 2022: $139K Median sale price in Apr 2022 - Jun 2022: $136K Median sale price in Jul 2022 - Sep 2022: $178K Median sale price in Oct 2022 - Dec 2022: $138K Median sale price in Jan 2023 - Mar 2023: $122K Median sale price in Apr 2023 - Jun 2023: $150K Median sale price in Jul 2023 - Sep 2023: $112K Median sale price in Oct 2023 - Dec 2023: $195K Median sale price in Jan 2024 - Mar 2024: $164K Median sale price in Apr 2024 - Jun 2024: $95K Median sale price in Jul 2024 - Sep 2024: $157K Median sale price in Oct 2024 - Dec 2024: $171K Median sale price in Jan 2025 - Mar 2025: $75K Median sale price in Apr 2025 - Jun 2025: $162K Median sale price in Jul 2025 - Sep 2025: $221K Median sale price in Oct 2025 - Dec 2025: $160K Median sale price in Jan 2026 - Mar 2026: $169K Median sale price in Apr 2026 - Jun 2026: $190K Median list price in Jul 2021 - Sep 2021: $145K Median list price in Oct 2021 - Dec 2021: $142K Median list price in Jan 2022 - Mar 2022: $140K Median list price in Apr 2022 - Jun 2022: $155K Median list price in Jul 2022 - Sep 2022: $147K Median list price in Oct 2022 - Dec 2022: $120K Median list price in Jan 2023 - Mar 2023: $150K Median list price in Apr 2023 - Jun 2023: $180K Median list price in Jul 2023 - Sep 2023: $187K Median list price in Oct 2023 - Dec 2023: $155K Median list price in Jan 2024 - Mar 2024: $188K Median list price in Apr 2024 - Jun 2024: $120K Median list price in Jul 2024 - Sep 2024: $132K Median list price in Oct 2024 - Dec 2024: $148K Median list price in Jan 2025 - Mar 2025: $149K Median list price in Apr 2025 - Jun 2025: $190K Median list price in Jul 2025 - Sep 2025: $222K Median list price in Oct 2025 - Dec 2025: $192K Median list price in Jan 2026 - Mar 2026: $169K Median list price in Apr 2026 - Jun 2026: $202K Jul 2021 - Sep 2021 Median sale price $151K Median list price $145K Oct 2021 - Dec 2021 Median sale price $145K Median list price $142K Jan 2022 - Mar 2022 Median sale price $139K Median list price $140K Apr 2022 - Jun 2022 Median sale price $136K Median list price $155K Jul 2022 - Sep 2022 Median sale price $178K Median list price $147K Oct 2022 - Dec 2022 Median sale price $138K Median list price $120K Jan 2023 - Mar 2023 Median sale price $122K Median list price $150K Apr 2023 - Jun 2023 Median sale price $150K Median list price $180K Jul 2023 - Sep 2023 Median sale price $112K Median list price $187K Oct 2023 - Dec 2023 Median sale price $195K Median list price $155K Jan 2024 - Mar 2024 Median sale price $164K Median list price $188K Apr 2024 - Jun 2024 Median sale price $95K Median list price $120K Jul 2024 - Sep 2024 Median sale price $157K Median list price $132K Oct 2024 - Dec 2024 Median sale price $171K Median list price $148K Jan 2025 - Mar 2025 Median sale price $75K Median list price $149K Apr 2025 - Jun 2025 Median sale price $162K Median list price $190K Jul 2025 - Sep 2025 Median sale price $221K Median list price $222K Oct 2025 - Dec 2025 Median sale price $160K Median list price $192K Jan 2026 - Mar 2026 Median sale price $169K Median list price $169K Apr 2026 - Jun 2026 Median sale price $190K Median list price $202K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
23
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jun 2026 - Aug 2026).

Year over year, New Chicago’s rolling three-month data shows modest price growth alongside tighter inventory. The typical home value is up about 3 percent from last year, while the median list price is down sharply, dropping more than 25 percent. Active listings have fallen nearly 40 percent over the same period, signaling fewer options for buyers.

Looking at the latest rolling three-month view through August 2026, only nine homes are listed and six have sold, with just five new listings coming on the market. Pending sales are down almost 70 percent compared with a year ago, and new listings are down about two-thirds, underscoring how limited supply is shaping activity.

Homes are still moving at a steady pace, with a median of 23 days on market, roughly in line with last year but much faster than earlier highs in this cycle. Months of supply sits at just 1.6, consistent with the area’s seller’s market label and indicating conditions that generally favor sellers on pricing and negotiation. At the same time, buyers are gaining some leverage, with an average sale-to-list ratio just under 99 percent and only about 17 percent of sales closing above asking. Whether you are a buyer navigating low inventory or a seller trying to price strategically, Agent Pronto can connect you with a local agent who understands these trends.



Learn more about what New Chicago has to offer.

New Chicago offers residents a tight-knit community with convenient access to parks, schools, local shops, and a range of outdoor and cultural activities that make everyday life engaging and comfortable.

New Chicago offers a small town setting with quick access to the larger amenities of nearby Hobart and Gary. Many residents appreciate that they can live on quieter streets yet reach major routes like I 80/94 in minutes for commuting across Lake County or into Chicago.

The community centers around modest single family homes, local shops, and neighborhood schools. Families often connect through local programs at New Chicago Public Safety Department and nearby parks such as Lake George Park in Hobart, popular for walking paths and fishing. For library services, many residents visit the Lake Station New Chicago Branch of the Lake County Public Library, which anchors a range of community events and resources.

Daily conveniences are close by, with additional dining and shopping options in Lake Station and Portage. Families often look to nearby schools such as River Forest High School for academics and athletics, and locals enjoy regional recreation areas like Indiana Dunes National Park for weekend outings along the lakefront.

Because New Chicago is relatively compact, good homes can move quickly when priced well and presented thoughtfully. Whether you are planning to sell and want to time the market or are hoping to buy before the next school year, connecting with the right local agent through Agent Pronto can help both buyers and sellers prepare and act with confidence.

Find your New Chicago real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“I drove Deborah crazy doing this sale and she hung in there like a trooper she sold my house within 5 days she done an excellent job, thank you for everything!!!”

Theron Holloway · Gary, IN

Photo of Debra Hull
Brokerworks Real Estate Group
“Caring realtor, very patient”

Ray Allred · Roselawn, IN

Photo of Tracy Wondaal
EXP Realty
“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.”

Katie · Oak Lawn, IL

Photo of Bryce Buck
Elevate - The Real Estate Company
“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!”

Lori K. · La Porte, IN

Photo of Team Hammonds
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.”

Atta Alla F. · Dyer, IN

Photo of Kelly O'Neill
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.”

Melissa G. · Cedar Lake, IN

Photo of Jorrdan Orr
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.”

Laurinda H. · Tipton, IN

Photo of Dan Nolan
Exit Realty Exit Strategy Realty
“Cari and Geri was great”

William H · Merrillville, IN

Photo of Geri Norfleet
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.”

James Johnston · Chicago, IL

Photo of Nicole Milford
Compass
“Mary Beth Myers was awesome!!!!”

Tanya & Joel Z. · Michigan City, IN

Photo of Mary Beth Meyers
McColly Real Estate

Frequently Asked Questions

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 New Chicago. 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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