Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$330,010+2.3% YoY · prices are rising
Market right nowBalanced marketMore homes for sale than last year, 25% have cut their price
Income needed to buy, per year$71,539About 0.8× the local median income ($88,795): affordable for a typical household
Days on market50 daysAbout the same pace as a year ago
Next 12 months+2.7%Zillow expects prices to rise slightly
The typical home in Porter County, IN is worth $330,010, up 2.3% from a year ago. That is well above what local incomes have historically supported: fair value is about $291,574, so the area is 13.2% overvalued. It is a balanced market: homes take about 50 days to sell, listings are up 6% from a year ago, 25% of listings have had a price cut. Zillow expects prices to rise about 2.7% over the next year. A household needs about $71,539 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $88,795. Typical rent is $1,473 a month, or $1,727 for a house. In the latest IRS figures, 589 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$330,010
Change in 1 year
+2.3%
Overvalued %
+13.2%
Show 7 more
Fair home value
$291,574
Change in 5 years
+22.2%
Zillow forecast, next 12 months
+2.7%
Home value to income
3.7×
Monthly mortgage payment (20% down)
$1,788
Income needed to afford it
$71,539
Property tax rate
0.83%
Rent and investing
Typical rent
$1,473
Typical rent for houses
$1,727
Price-to-rent ratio
18.7×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,429
Gross rental yield
5.36%
Cap rate (estimate)
3.48%
Market activity
Listings vs a year ago
+6.4%
Days on market
50
Listings with a price cut
24.6%
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Homes for sale
530
Pending sales per 100 listings
50
Asking price per sq ft
$191
People and jobs
Median household income
$88,795
Population change (1 year)
+0.4%
Unemployment rate
4.7%
Show 4 more
Population
176,049
Income adjusted for cost of living
$85,709
Net moves in (IRS)
+589
Cost of living (US = 100)
103.6
Schools, risk and environment
School rating (1 to 10)
6.8
FEMA hazard risk score (0 to 100)
81.4
Unhealthy air days a year
11
Show 4 more
Flood risk score
80.0
Wildfire risk score
60.5
Walkability (1 to 20)
7.0
Road, rail and air noise
52 dB
Questions people ask
Is Porter County, IN overvalued?
Home prices in Porter County, IN are well above what local incomes have historically supported: fair value is about $291,574, so the area is 13.2% overvalued.
Is Porter County, IN a buyer's or seller's market?
Porter County, IN is a balanced market: homes take about 50 days to sell, listings are up 6% from a year ago, 25% of listings have had a price cut.
Are home prices going down in Porter County, IN?
Home values in Porter County, IN are up 2.3% over the last year. Zillow's forecast for the next 12 months is +2.7%.
How much do you need to earn to buy a home in Porter County, IN?
A household needs about $71,539 a year to afford the typical home in Porter County, IN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $88,795.