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Sarah Mitchell

CNESRESABR

Compass Real Estate · Burns Harbor, IN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Burns Harbor, IN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Burns Harbor, IN Housing Market & Real Estate

Balanced market-28.2% YoY

Housing market overview · Updated monthly ·

$290,000median sale price

How is the Burns Harbor, IN housing market right now?

The median home sale price in Burns Harbor, IN is $290,000, down 28.2% year-over-year. Homes sell in an average of 38 days with 9 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Burns Harbor a buyer's or seller's market?

Balanced market3.0 months of supply38 avg. days on market

Burns Harbor, IN is currently a balanced market, based on 3.0 months of supply and homes selling in about 38 days. How we determine this →

Homes sold

3

Last 12 weeks

Days on market

38

Average pace

Active listings

9

3.0 months supply

Sale-to-list

99.5%

Below asking

What does the Burns Harbor housing market data show?

Current housing market statistics for Burns Harbor, IN
MetricValue
Median sale price$290,000
Median list price$414,900
Year-over-year price change-28.2%
Average days on market38 days
Active inventory9 listings
Months of supply3.0 months
Sale-to-list price ratio99.5%
Median price per sq ft$186/sq ft
Homes sold (latest month)3
New listings (latest month)3
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Burns Harbor by property type?

How the Burns Harbor, IN market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Burns Harbor, IN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$319,000$164/sq ft235 days
Townhouse$289,900$214/sq ft1174 days

Source: Redfin · Updated monthly

The Burns Harbor housing market is currently classified as a balanced market with a median sale price of $290,000. Prices have fallen 28.2% compared to last year, with homes spending an average of 38 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.3x provides context for how home values compare to local earning capacity.

Homes for sale in Burns Harbor

There are currently 9 homes listed for sale in Burns Harbor, Indiana. The median listing price is $415K.

Active listings

9

Homes on market

Median list price

$415K

Avg. days on market

38

Days until sale

New this week

3

Newly listed

Sale-to-list:99.5%

Who lives in Burns Harbor?

Population

2,198

Median income

$98,333/yr

Median age

37.1 years

Owner-occupied

66.0%

College grads

32.0%

Avg commute

23.8 min

Source: U.S. Census Bureau ACS

What are homes worth in Burns Harbor?

Zillow home value

$323,057

Price-to-income

3.3x

Source: Zillow Research

What is it like to live in Burns Harbor?

Burns Harbor is a community of approximately 2K residents with a median age of 37.1 years.The median household income is $98,333, which reflects a relatively affluent area with strong earning potential. 32.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 66.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Burns Harbor offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Burns Harbor, IN?

Want a head-to-head view? Compare Burns Harbor side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Burns Harbor?

The median home sale price in Burns Harbor is $290,000, down 28.2% from last year.

How long do homes stay on market in Burns Harbor?

Homes typically spend 38 days on market before going under contract.

What is the median income in Burns Harbor?

The median household income is $98,333 per year.

Is Burns Harbor a buyer's or seller's market?

With 3.0 months of supply, Burns Harbor is currently a balanced market.

What is the Zillow home value estimate for Burns Harbor?

The Zillow Home Value Index (ZHVI) for Burns Harbor is $323,057, representing the typical home value in the area.

How much does a single-family home cost in Burns Harbor?

The median single-family home price in Burns Harbor, IN is $319,000 (about $164 per square foot).

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