Michigan City, IN metro area Housing Market Brief
metro · IN · score computed October 2026
What is Michigan City, IN metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Population band 3 of 5 (population 58,778–112,360) · comparable within its band
Where is Michigan City, IN metro area in its market cycle?
Michigan City, IN metro area is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Michigan City, IN metro area?
Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Michigan City, IN metro area housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $253K | ▲ +5.6% | Redfin |
| Median Days on Market | 45 days | ▲ +7.1% | Redfin |
| Months of Supply | 2.9 | ▼ -23.7% | Redfin |
| Homes for Sale | 381 | ▲ +0.3% | Redfin |
| Homes Sold | 130 | ▲ +28.7% | Redfin |
| Median Price / Sq Ft | $148 | ▲ +9.9% | Redfin |
How has Michigan City, IN metro area’s Alpha Score moved?
Markets like Michigan City, IN metro area
- Farmington, MO metro area, MOmetro57
- Marinette, WI metro area, WImetro60
- Hastings, NE metro area, NEmetro61
- Mount Pleasant, TX metro area, TXmetro59
- Sedalia, MO metro area, MOmetro72
- Columbus, IN metro area, INmetro63
- Muscatine, IA metro area, IAmetro71
- Tifton, GA metro area, GAmetro62
- Enterprise, AL metro area, ALmetro66
- Rockingham, NC metro area, NCmetro69
Frequently asked questions
Is Michigan City, IN metro area a buyer's or seller's market?
In the scores computed October 2026, Michigan City, IN metro area is classified as a Seller's Market, based on its Alpha Score of 69 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Michigan City, IN metro area?
The median sale price in Michigan City, IN metro area is $253K, having risen 5.6% over the past year, according to Redfin.
How affordable is Michigan City, IN metro area?
Michigan City, IN metro area scores 73 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Michigan City, IN metro area's Alpha Score?
Michigan City, IN metro area's strongest dimension is Price Momentum (98/100) and its weakest is Economic Strength (52/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Michigan City, IN metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.