All Reports Housing Affordability Lake County • March 2026 • All

Housing Affordability

Home price and typical payment compared to income

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Housing AffordabilityLake CountyMarch 2026

Affordability

Payment as a Percent of Income

Based on 3-mo. median sale price
March 2026
32.1%
Year-over-year change
+2%
Compared to 31.6% last year
Difference from state
-3%
Compared to 33.1% in Indiana
View source and notes...

Last update: April 7, 2026, 10:16 a.m. Source: IAR Data Warehouse / American Community Survey Data notes: Assumes 10% down payment, 0.77% tax rate, 0.83% insurance rate, 0.79% PMI rate. Interest rates are based on the national 4-week rolling average.

Affordable Listings

Pct. of listings in last 90 days affordable to household earning $75K
March 2026
45.1%
Year-over-year change
-3%
Compared to 46.6% last year
Difference from state
+8%
Compared to 41.8% in Indiana
View source and notes...

Last update: April 7, 2026, 10:07 a.m. Source: IAR Data Warehouse Data notes: Assumes 10% down payment, 0.77% tax rate, 0.83% insurance rate, 0.79% PMI rate. Interest rates are based on the national 4-week rolling average.

Demographics

Median Household Income

Adjusted to current dollars
January 2025
$69,392
Year-over-year change
+10%
Compared to $63,152 last year
Difference from state
-1%
Compared to $69,976 in Indiana
View source and notes...

Last update: April 7, 2026, 10:16 a.m. Source: American Community Survey and Bureau of Labor Statistics Employment Cost Index Data notes: The most recent income measure from the American Community Survey is adjusted by two-year change in the Employment Cost Index to adjust to current dollars.

Market Momentum

Price

Median Monthly Payment

For median-priced home
March 2026
$1,856
Year-over-year change
+2%
Compared to $1,826 last year
Difference from state
-4%
Compared to $1,931 in Indiana
View source and notes...

Last update: April 7, 2026, 10:07 a.m. Source: IAR Datawarehouse Data notes: Assumes 10% down payment, 0.77% tax rate, 0.83% insurance rate, 0.79% PMI rate. Interest rates are based on the national 4-week rolling average.

Median Sale Price

3-Month Rolling Median
March 2026
$249,950
Year-over-year change
+5%
Compared to $237,000 last year
Difference from state
-4%
Compared to $260,000 in Indiana
View source and notes...

Last update: April 7, 2026, 10:07 a.m. Source: IAR Data Warehouse Data notes: -

Sales

Closed Sales by Price

12-month rolling total
All properties, April 2026
5,347
+2%
Under $250K
2,548
-7%
At Least $250K
2,799
+11%
View source and notes...

Last update: April 7, 2026, 10:54 a.m. Source: IAR MLS Data Warehouse Data notes: None

Supply

New Listings by Price

12-month rolling total
All properties, April 2026
7,456
+4%
Under $250K
3,338
-4%
At Least $250K
4,128
+12%
View source and notes...

Last update: April 7, 2026, 10:54 a.m. Source: IAR MLS Data Warehouse Data notes: None

Inventory by Price

Average daily inventory in latest month
All properties, April 2026
1,189
-0%
Under $250K
446
+0%
At Least $250K
743
-0%
View source and notes...

Last update: April 7, 2026, 10:54 a.m. Source: IAR MLS Data Warehouse Data notes: None