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Foreclosure Homes in Lake Station, IN

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Lake Station, IN Foreclosures

Current Market Conditions in Lake Station, IN as of August 2026?
Home values: +2.44% MoM; rent: +0.00% MoM.
How much do homes sell for in Lake Station, IN?
The average home price is currently $178,357.
In Lake Station, IN, how many homes are available?
There are currently 116 active home listings available in Lake Station.
What’s the average rental cost in Lake Station, IN?
The average rental price in Lake Station is $1,064.
What is the most expensive home in Lake Station?
The most expensive home sold in Lake Station had a price of $1,290,247.
What is currently the cheapest priced home in Lake Station, IN?
The cheapest home for sale in Lake Station is priced at $10,417.

Living in Lake Station, IN

Lake Station, Indiana is an affordable Northwest Indiana market near Gary, Hobart, Portage, and major commuter routes, offering value-oriented opportunities for rental and entry-level housing investors.

Buyer vs Seller Market in Lake Station, IN

Median home value: $171,170 as of 2026-08-14.

Median rent: $1,050 as of 2026-08-14.

Home values: +2.44% MoM, +17.48% YoY.

Rent: +0.00% MoM, -0.94% YoY.

Home Value Estimator For Lake Station, IN

There are currently 1,314 real estate properties in Lake Station, IN, with a median automated valuation model (AVM) price of $171,170.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake Station, IN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lake Station, IN, is $178,357.00, with the most expensive house in Lake Station, IN, topping out at $1,290,247.00 and the cheapest home in Lake Station, IN, clocking in at $10,417.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Station, IN!

Rent Prices In Lake Station, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Station, IN, is on a rollercoaster ride. The average rent price in Lake Station, IN, is $1,064.00. Indeed, when looking to rent in Lake Station, IN, you can expect to pay as little as $730.00 or as much as $2,030.00, with the average rent median estimated to be $1,050.00. The good news is that finding an affordable and desirable property to rent in Lake Station, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lake Station, IN Foreclosures


Market Trend for Lake Station, IN

Total Listings Available: 116

Market Values:

Home Prices from $10,417 to $1,290,247

Average Sales Price: $178,357

Rental Values:

Rental from $730 to $2,030

Average Rent Value: $1,064 / month

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