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Michigan City, IN Real Estate & Property Data

Michigan City Real Estate Market Trends

Last Updated: April 29, 2024

Accurate and comprehensive real estate data is critical for insight into Michigan City, IN. ATTOM’s Michigan City real estate data is updated daily, and current market trends show that in Michigan City, IN a total of 855 residential properties have sold over the past year. With a median home price of $176,539 in Michigan City and a total of 4 foreclosures. Get detailed property data for Michigan City, IN instantly. ATTOM is your one-stop-shop for the Michigan City property reports and real estate data you need in Michigan City, IN.

Michigan City Real Estate Market Trends

Get property data for any address in Michigan City, IN or the country:

Total Residential Properties 16,918

Total Commercial Properties 1,544

Avg. Home Age (Single Family Home) 65 Years

Avg. Square Feet (Single Family Home) 1,649

Total 2024 Residential Sales (year-to-date) 134

% of Homes Seriously Underwater (Q2 2024) 0.81%

Total 2023 Residential Sales 770

% of Equity Rich Homes (Q2 2024) 31.51%

Effective 2023 Property Tax 0.95%

Total Foreclosure Filings (year-to-date) 11

Michigan City, IN Real Estate Overview

There were 855 residential properties sold in the past year in Michigan City, IN. The median home value in Michigan City, IN is $193,121. There are a total of 16,918 residential properties in the Michigan City.

Median Sales Price i

$176,539

(Feb 2024)

+4.7%

year-over-year

y-o-y

February '24 Feb '24 $176,539
January '24 Jan '24 $221,815
December '23 Dec '23 $218,258
November '23 Nov '23 $196,531
October '23 Oct '23 $194,342
September '23 Sep '23 $167,781
August '23 Aug '23 $162,362
July '23 Jul '23 $193,750
June '23 Jun '23 $206,750
May '23 May '23 $197,500
April '23 Apr '23 $160,819
March '23 Mar '23 $163,688

Median Down Payment i

$33,000

(Feb 2024)

-2.1%

year-over-year

y-o-y

February '24 Feb '24 $33,000
January '24 Jan '24 $44,402
December '23 Dec '23 $58,500
November '23 Nov '23 $28,000
October '23 Oct '23 $36,875
September '23 Sep '23 $31,312
August '23 Aug '23 $31,469
July '23 Jul '23 $40,000
June '23 Jun '23 $41,825
May '23 May '23 $39,500
April '23 Apr '23 $33,967
March '23 Mar '23 $31,800

Number of Homes Sold i

53

(Feb 2024)

-3.6%

year-over-year

y-o-y

February '24 Feb '24 53
January '24 Jan '24 81
December '23 Dec '23 77
November '23 Nov '23 72
October '23 Oct '23 74
September '23 Sep '23 70
August '23 Aug '23 66
July '23 Jul '23 60
June '23 Jun '23 69
May '23 May '23 67
April '23 Apr '23 45
March '23 Mar '23 66

Number of Purchase Loans i

34

(Feb 2024)

+6.2%

year-over-year

y-o-y

February '24 Feb '24 34
January '24 Jan '24 30
December '23 Dec '23 32
November '23 Nov '23 44
October '23 Oct '23 40
September '23 Sep '23 35
August '23 Aug '23 36
July '23 Jul '23 30
June '23 Jun '23 37
May '23 May '23 45
April '23 Apr '23 30
March '23 Mar '23 31

Number of REFI Loans i

24

(Feb 2024)

+26.3%

year-over-year

y-o-y

February '24 Feb '24 24
January '24 Jan '24 23
December '23 Dec '23 25
November '23 Nov '23 30
October '23 Oct '23 42
September '23 Sep '23 24
August '23 Aug '23 34
July '23 Jul '23 32
June '23 Jun '23 39
May '23 May '23 36
April '23 Apr '23 26
March '23 Mar '23 35

Number of HELOC Loans i

13

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 13
January '24 Jan '24 14
December '23 Dec '23 24
November '23 Nov '23 21
October '23 Oct '23 18
September '23 Sep '23 24
August '23 Aug '23 21
July '23 Jul '23 22
June '23 Jun '23 18
May '23 May '23 20
April '23 Apr '23 20
March '23 Mar '23 22

Michigan City, IN Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

46360
$193,121 $117.11/sqft

Michigan City, IN Foreclosure Activity

There were a total of 4 Michigan City, IN properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

4

(Feb 2024)

-55.6%

year-over-year

y-o-y

February '24 Feb '24 4
January '24 Jan '24 7
December '23 Dec '23 4
November '23 Nov '23 2
October '23 Oct '23 8
September '23 Sep '23 6
August '23 Aug '23 13
July '23 Jul '23 4
June '23 Jun '23 10
May '23 May '23 8
April '23 Apr '23 13
March '23 Mar '23 10

Foreclosure Starts i

4

(Feb 2024)

-55.6%

year-over-year

y-o-y

February '24 Feb '24 4
January '24 Jan '24 7
December '23 Dec '23 4
November '23 Nov '23 2
October '23 Oct '23 7
September '23 Sep '23 5
August '23 Aug '23 5
July '23 Jul '23 4
June '23 Jun '23 9
May '23 May '23 7
April '23 Apr '23 11
March '23 Mar '23 5

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 2
December '23 Dec '23 1
November '23 Nov '23 1
October '23 Oct '23 2
September '23 Sep '23 1
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 1
April '23 Apr '23 1
March '23 Mar '23 1

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