All Reports Housing Affordability Lake County • April 2026 • All

Housing Affordability

Home price and typical payment compared to income

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Housing AffordabilityLake CountyApril 2026

Affordability

Payment as a Percent of Income

Based on 3-mo. median sale price
April 2026
33.5%
Year-over-year change
+6%
Compared to 31.6% last year
Difference from state
-4%
Compared to 34.8% in Indiana
View source and notes...

Last update: May 7, 2026, 6:53 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
April 2026
42.9%
Year-over-year change
-1%
Compared to 43.5% last year
Difference from state
+10%
Compared to 39.2% in Indiana
View source and notes...

Last update: May 7, 2026, 6:44 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: May 7, 2026, 6:53 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
April 2026
$1,936
Year-over-year change
+6%
Compared to $1,830 last year
Difference from state
-5%
Compared to $2,028 in Indiana
View source and notes...

Last update: May 7, 2026, 6:44 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
April 2026
$257,500
Year-over-year change
+9%
Compared to $236,100 last year
Difference from state
-5%
Compared to $269,792 in Indiana
View source and notes...

Last update: May 7, 2026, 6:44 a.m. Source: IAR Data Warehouse Data notes: -

Sales

Closed Sales by Price

12-month rolling total
All properties, May 2026
5,390
+1%
Under $250K
2,527
-8%
At Least $250K
2,863
+11%
View source and notes...

Last update: May 7, 2026, 7:32 a.m. Source: IAR MLS Data Warehouse Data notes: None

Supply

New Listings by Price

12-month rolling total
All properties, May 2026
7,490
+4%
Under $250K
3,332
-4%
At Least $250K
4,158
+11%
View source and notes...

Last update: May 7, 2026, 7:32 a.m. Source: IAR MLS Data Warehouse Data notes: None

Inventory by Price

Average daily inventory in latest month
All properties, May 2026
1,216
-2%
Under $250K
470
+4%
At Least $250K
746
-5%
View source and notes...

Last update: May 7, 2026, 7:32 a.m. Source: IAR MLS Data Warehouse Data notes: None