Cedar Lake, IN Housing Market & Real Estate

Leaning buyer's+8.3% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Cedar Lake, IN is $370,000, up 8.3% year-over-year. Homes sell in an average of 101 days with 77 active listings. The market is currently a leaning buyer's.

$370,000median sale price

Is Cedar Lake a buyer's or seller's market?

Leaning buyer's4.1 months of supply101 avg. days on market

Cedar Lake, IN is currently a leaning buyer's, based on 4.1 months of supply and homes selling in about 101 days. How we determine this →

Homes sold

19

Last 12 weeks

Days on market

101

Average pace

Active listings

77

4.1 months supply

Sale-to-list

96.7%

Below asking

Cedar Lake, IN market data

Current housing market statistics for Cedar Lake, IN
MetricValue
Median sale price$370,000
Median list price$363,450
Year-over-year price change+8.3%
Average days on market101 days
Active inventory77 listings
Months of supply4.1 months
Sale-to-list price ratio96.7%
Market conditionLeaning buyer's

Source: Redfin · Updated weekly

The Cedar Lake housing market is currently classified as a leaning buyer's with a median sale price of $370,000. Prices have risen 8.3% compared to last year, with homes spending an average of 101 days on market, indicating 4.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Cedar Lake

There are currently 77 homes listed for sale in Cedar Lake, Indiana. The median listing price is $363K.

Active listings

77

Homes on market

Median list price

$363K

Avg. days on market

101

Days until sale

New this week

18

Newly listed

Price drops:9.1%of listings
Sale-to-list:96.7%

Top public schools in Cedar Lake

6 schools tracked · 3,270 students

The largest public schools serving Cedar Lake, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Hanover Central High School

Grades 9-12 · 817 students

Public

Hanover Central Middle School

Grades 6-8 · 668 students

Public

Red Cedars Elementary

Grades 3-5 · 642 students

Public

Douglas MacArthur Elem School

Grades PK-5 · 473 students

Public

Jane Ball Elementary School

Grades PK-2 · 348 students

Public

Lincoln Elementary School

Grades K-2 · 322 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Cedar Lake?

The median home sale price in Cedar Lake is $370,000, up 8.3% from last year.

How long do homes stay on market in Cedar Lake?

Homes typically spend 101 days on market before going under contract.

Is Cedar Lake a buyer's or seller's market?

With 4.1 months of supply, Cedar Lake is currently a leaning buyer's.

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