Michigan City, IN Real Estate Market Summary – September 7, 2026
In Michigan City, IN, the overall market shows activity with 25 homes sold in the last 30 days. The average days on the market before these homes sold was approximately 14 days, indicating a steady pace of transactions.
| Metric | 30 Days |
|---|---|
| Number Sold | 25 |
| Sold Per Day | 1 every 1.20 days |
| Average SQFT | 1604 |
| Median Sales Price | $153,000 |
| Average Sales Price | $194,913 |
| Average Price Per SQFT | $143 |
| Average Days on Market | 14 |
| Average Year Built | 1938 |
Michigan City, IN Single Family Home Analysis
For single-family homes, there were 21 sales recorded, with an average living area of about 1,633 square feet. These homes had a median price of $147,000 and were typically listed for just over 14 days before selling.
| Metric | 30 Days |
|---|---|
| Number Sold | 21 |
| Sold Per Day | 1 every 1.43 days |
| Average SQFT | 1633 |
| Median Sales Price | $147,000 |
| Average Sales Price | $171,854 |
| Average Price Per SQFT | $126 |
| Average Days on Market | 14 |
| Average Year Built | 1933 |
Michigan City, IN Condo & Townhome Analysis
In the condo and townhome segment, 3 properties sold, featuring an average living area of 1,415 square feet. The median sale price for these units was $315,000, with an average of around 18 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 3 |
| Sold Per Day | 1 every 10.00 days |
| Average SQFT | 1415 |
| Median Sales Price | $315,000 |
| Average Sales Price | $364,633 |
| Average Price Per SQFT | $257 |
| Average Days on Market | 18 |
| Average Year Built | 1994 |
Buyer & Seller Analysis
- 1 home sold approximately every 1.20 days
- Average days on market for properties was about 14 days
- Median sale price for homes was $153,000
- Condominium sales had a median price of $315,000
Conclusion
Overall, the data reflects an active market with consistent sales across different property types. Buyers and sellers should consider the average days on market and pricing when making their decisions.