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Michigan City, IN 46360 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Michigan City, IN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.04
ActiveActive listings: 7878PendingPending sales: 33
Michigan City, IN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $309k$309kSoldMedian sold price (last 6 months): $243k$243k
What homes actually sell for in Michigan City, IN
Distribution of 262 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $159k to $400k
$78k to $193k: 75 sales$78k$193k to $308k: 76 sales76sales$308k to $424k: 34 sales$308k$424k to $539k: 13 sales$539k to $654k: 14 sales$539k$654k to $770k: 16 sales$770k to $885k: 4 sales$770k$885k to $1M: 3 salesMedian $243k

What the numbers say

As of October 5, 2026, Resideline is tracking 78 active listings and 3 pending sales in ZIP code 46360. That pending-to-active ratio of 0.04 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $309,450, while the median of the 262 closed sales Resideline tracked over the last six months was $243,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 46360 for 76 days.

Frequently asked questions

What is the median home price in 46360?

The median closed sale price in Michigan City, IN 46360 was $243,000 over the last six months, based on 262 closed sales tracked by Resideline. The middle half of those sales ranged from $159,000 to $400,000.

Is 46360 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 78 active listings in 46360, a pending-to-active ratio of 0.04. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 46360 currently looks like a balanced market.

Nearby ZIP code market data

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