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Michigan City, IN 46360 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Michigan City, IN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.03
ActiveActive listings: 7878PendingPending sales: 22
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): $315k$315kSoldMedian sold price (last 6 months): $235k$235k
What homes actually sell for in Michigan City, IN
Distribution of 267 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $160k to $400k
$74k to $193k: 83 sales83sales$74k$193k to $312k: 76 sales$312k to $430k: 29 sales$312k$430k to $549k: 15 sales$549k to $668k: 13 sales$549k$668k to $787k: 15 sales$787k to $906k: 4 sales$787k$906k to $1.02M: 5 salesMedian $235k

What the numbers say

As of October 26, 2026, Resideline is tracking 78 active listings and 2 pending sales in ZIP code 46360. That pending-to-active ratio of 0.03 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $315,000, while the median of the 267 closed sales Resideline tracked over the last six months was $235,000. 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 89 days.

Frequently asked questions

What is the median home price in 46360?

The median closed sale price in Michigan City, IN 46360 was $235,000 over the last six months, based on 267 closed sales tracked by Resideline. The middle half of those sales ranged from $160,000 to $400,000.

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

Resideline is currently tracking 2 pending sales against 78 active listings in 46360, a pending-to-active ratio of 0.03. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 46360 is currently a slower-moving market.

Nearby ZIP code market data

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