Michigan City, IN
Metro area in Indiana · Updated Jan 2026
12-Month Forecast ↑ +3.0%
Median Home Value
$242,861
↑ +3.9%
Year-over-year
Median Rent
$1,196/mo
↑ +8.9%
Year-over-year
Rental Yield
5.9%
Good for investors
5-Year Appreciation
+44.1%
Income Needed to Buy
$61,574
20% down, 30% DTI max
Active Listings
291
For-sale inventory
Price-to-Rent Ratio
16.9
Neutral market
Price Forecast
1 Month
↑ +0.4%
3 Months
↑ +1.3%
12 Months
↑ +3.0%