Market report, updated

Michigan City Home Values and Market Report

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Kimberlysutgroup.com
Report prepared by Kimberlysutgroup.com Kimberly Sut Group - Listing Leaders Executive Real Estate
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Market at a glance

Over the last 12 months, homes sold for 98.9% of list price in 123 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $275K Sold · $267K
$430K$360K$290K$220K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 50 sales in Jul. Last month: 47.

Where the market stands

All homes in this report, by status.

698homes
Active206 · 30%
Under contract41 · 6%
Sold (12 mo)451 · 65%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$418K
Under contract$354K
Sold$311K

Average days on market

Active121 days
Under contract129 days
Sold123 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 206
Average list price $418,431
Avg. days on market 121 days Based on 201 of 206 homes
Avg. price per ft² $214 Based on 142 of 206 homes
Avg. living area 3,018 ft² Based on 144 of 206 homes
Avg. beds / baths 3.3 / 2.3

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

62 homes didn’t report living area and aren’t shown.

2 homes are larger or pricier than this chart’s scale and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 142 homes plotted, up to $3M and 15,000 ft².

0 ft²5,00010,00015,000 ft²

How long homes have been listed

Number of homes by days on market.

5 homes didn’t report days on market and aren’t shown.

Bedroom mix

Number of homes by bedroom count.

75 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

2766 W Dunes Highway$2,343
1907 Lake Shore Drive$778
113 Prospect Road$550
2621 Us-12$492
50 Marine Drive Unit #2$474
218 Fogarty Street$461
1622 Lake Shore Drive$458

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
10290 Grand Beach RoadMichigan City, IN 46360 321,692$544,900$3222 days
6991 Red Apple DriveMichigan City, IN 46360 311,080$159,900$1481 day
5818 Warnke RoadMichigan City, IN 46360 211,130$299,000$2642 days
412 Beachwalk LaneMichigan City, IN 46360 643,243$1,400,000$4312 days
204 Hilltop AvenueMichigan City, IN 46360 332,746$899,900$3272 days
1617 E Michigan BoulevardMichigan City, IN 46360 ——2,330$89,000$383 days
314 Southwood DrMichigan City, IN 46360 321,300$260,000$200—
314 Southwood DriveMichigan City, IN 46360 321,300$260,000$2004 days
1622 Lake Shore DriveMichigan City, IN 46360 675,237$2,399,900$4585 days
1010 W Broadbrook Lane WMichigan City, IN 46360 311,664$240,000$1445 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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Updated . Information deemed reliable but not guaranteed.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.