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Advertise here →Michigan City, IN · Market Data
Michigan City, Indiana real estate market data.
Real estate market data for Michigan City, IN (LaPorte County) — Census median home value $129,000, county listing prices down about 5.2% over the past year.
Michigan City, IN is in LaPorte County, Indiana — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 31,894, with a median household income of $52,979. Census data puts Michigan City's median home value at $129,000 (all owner-occupied homes); LaPorte County's current median listing price runs $311,000, down about 5.2% over the past year.
At a glance
Michigan City market snapshot
Population
31,894
Median Household Income
$52,979
Median Home Value (city)
$129,000
Median Listing Price (LaPorte County)
$311,000
Median Gross Rent
$915/mo
Price Trend (YoY)
-5.2%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Michigan City different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Michigan City's median home value — across all owner-occupied homes, not just recent sales — at $129,000. Separately, LaPorte County's current median listing price (via Realtor.com data, 2026-06-01) runs $311,000. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
LaPorte County's FHFA house price index shows a 7.8% annual change in 2025.
Population & Income
Michigan City has an estimated population of 31,894 and a median household income of $52,979, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Michigan City's Census-reported median home value works out to about 2.4x the area's median household income, and median gross rent runs roughly 21% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Michigan City FAQ
What are home values like in Michigan City, IN?
The Census Bureau's American Community Survey puts Michigan City's median home value at $129,000. LaPorte County's current median listing price runs $311,000, down about 5.2% over the past year.
What is the population of Michigan City, IN?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Michigan City's population at approximately 31,894.
What's the median rent in Michigan City, IN?
The Census ACS estimates median gross rent in Michigan City at approximately $915 per month.
What is the median household income in Michigan City, IN?
Census ACS data puts the median household income in Michigan City at approximately $52,979.
Is the Michigan City housing market growing?
LaPorte County's FHFA house price index shows a 7.8% annual change in 2025.
Is Michigan City, IN affordable relative to income?
Census ACS data puts Michigan City's median home value at about 2.4 times the median household income, with median gross rent equal to roughly 21% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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