All Reports 3-Month and 12-Month Rolling Report Michigan City MSA • September 2024 • All

3-Month and 12-Month Rolling Report

Rolling totals and averages of listings, sales, and prices compared year-over-year

 Quick Summary

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3-Month and 12-Month Rolling ReportMichigan City MSASeptember 2024

Supply

New Listings

3-Month Total
Jul 2024–Sep 2024
405
Year-over-year
+3%
Jul 2024–Sep 2024 vs. Jul 2023–Sep 2023
Year-over-year in previous period
-10%
Apr 2024–Jun 2024 vs. Apr 2023–Jun 2023
View source and notes...

Last update: Oct. 7, 2024, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Michigan City MSA includes LaPorte County.

New Listings

12-Month Total
Oct 2023–Sep 2024
1,392
Year-over-year
-0%
Oct 2023–Sep 2024 vs. Oct 2022–Sep 2023
Year-over-year in previous period
-14%
Oct 2022–Sep 2023 vs. Oct 2021–Sep 2022
View source and notes...

Last update: Oct. 7, 2024, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Michigan City MSA includes LaPorte County.

Sales

Closed Sales

3-Month Total
Jul 2024–Sep 2024
298
Year-over-year
-5%
Jul 2024–Sep 2024 vs. Jul 2023–Sep 2023
Year-over-year in previous period
-3%
Apr 2024–Jun 2024 vs. Apr 2023–Jun 2023
View source and notes...

Last update: Oct. 7, 2024, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Michigan City MSA includes LaPorte County.

Closed Sales

12-Month Total
Oct 2023–Sep 2024
1,099
Year-over-year
-3%
Oct 2023–Sep 2024 vs. Oct 2022–Sep 2023
Year-over-year in previous period
-20%
Oct 2022–Sep 2023 vs. Oct 2021–Sep 2022
View source and notes...

Last update: Oct. 7, 2024, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Michigan City MSA includes LaPorte County.

Market Momentum

Days on Market

3-Month Average
Jul 2024–Sep 2024
14
Year-over-year
+0%
Jul 2024–Sep 2024 vs. Jul 2023–Sep 2023
Year-over-year in previous period
+22%
Apr 2024–Jun 2024 vs. Apr 2023–Jun 2023
View source and notes...

Last update: Oct. 7, 2024, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Michigan City MSA includes LaPorte County.

Days on Market

12-Month Average
Oct 2023–Sep 2024
14
Year-over-year
+0%
Oct 2023–Sep 2024 vs. Oct 2022–Sep 2023
Year-over-year in previous period
+75%
Oct 2022–Sep 2023 vs. Oct 2021–Sep 2022
View source and notes...

Last update: Oct. 7, 2024, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Michigan City MSA includes LaPorte County.

New Pending Contracts

3-Month Total
Jul 2024–Sep 2024
333
Year-over-year
-3%
Jul 2024–Sep 2024 vs. Jul 2023–Sep 2023
Year-over-year in previous period
-2%
Apr 2024–Jun 2024 vs. Apr 2023–Jun 2023
View source and notes...

Last update: Oct. 7, 2024, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Michigan City MSA includes LaPorte County.

New Pending Contracts

12-Month Total
Oct 2023–Sep 2024
1,208
Year-over-year
+1%
Oct 2023–Sep 2024 vs. Oct 2022–Sep 2023
Year-over-year in previous period
-19%
Oct 2022–Sep 2023 vs. Oct 2021–Sep 2022
View source and notes...

Last update: Oct. 7, 2024, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Michigan City MSA includes LaPorte County.

Price

Median Sale Price

3-Month Average
Jul 2024–Sep 2024
235,000
Year-over-year
+15%
Jul 2024–Sep 2024 vs. Jul 2023–Sep 2023
Year-over-year in previous period
+7%
Apr 2024–Jun 2024 vs. Apr 2023–Jun 2023
View source and notes...

Last update: Oct. 7, 2024, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Michigan City MSA includes LaPorte County.

Median Sale Price

12-Month Average
Oct 2023–Sep 2024
225,000
Year-over-year
+15%
Oct 2023–Sep 2024 vs. Oct 2022–Sep 2023
Year-over-year in previous period
+5%
Oct 2022–Sep 2023 vs. Oct 2021–Sep 2022
View source and notes...

Last update: Oct. 7, 2024, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Michigan City MSA includes LaPorte County.

Sales Price as Percentage of Asking Price

3-Month Average
Jul 2024–Sep 2024
94.8%
Year-over-year
+0%
Jul 2024–Sep 2024 vs. Jul 2023–Sep 2023
Year-over-year in previous period
+1%
Apr 2024–Jun 2024 vs. Apr 2023–Jun 2023
View source and notes...

Last update: Oct. 7, 2024, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Michigan City MSA includes LaPorte County.

Sales Price as Percentage of Asking Price

12-Month Average
Oct 2023–Sep 2024
95.0%
Year-over-year
+0%
Oct 2023–Sep 2024 vs. Oct 2022–Sep 2023
Year-over-year in previous period
-2%
Oct 2022–Sep 2023 vs. Oct 2021–Sep 2022
View source and notes...

Last update: Oct. 7, 2024, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Michigan City MSA includes LaPorte County.

Demographics

Affordability