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Featured local agent — Chesterton, IN
Sarah Mitchell
Compass Real Estate · Chesterton, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Chesterton, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$367,500median sale price
How is the Chesterton, IN housing market right now?
The median home sale price in Chesterton, IN is $367,500, down 6.0% year-over-year. Homes sell in an average of 28 days with 41 active listings. The market is currently a seller's 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 Chesterton a buyer's or seller's market?
Chesterton, IN is currently a seller's market, based on 2.3 months of supply and homes selling in about 28 days. How we determine this →
Homes sold
18
Last 12 weeks
Days on market
28
Average pace
Active listings
41
2.3 months supply
Sale-to-list
97.1%
Below asking
What does the Chesterton housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $367,500 |
| Median list price | $422,500 |
| Year-over-year price change | -6.0% |
| Average days on market | 28 days |
| Active inventory | 41 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 97.1% |
| Median price per sq ft | $148/sq ft |
| Homes sold (latest month) | 18 |
| New listings (latest month) | 26 |
| Listings with a price cut | 24.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Chesterton by property type?
How the Chesterton, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $382,500 | $156/sq ft | 16 | 24 days |
| Condo / Co-op | $163,000 | $133/sq ft | 2 | 188 days |
| Townhouse | $479,500 | $172/sq ft | 2 | 148 days |
Source: Redfin · Updated monthly
The Chesterton housing market is currently classified as a seller's market with a median sale price of $367,500. Prices have fallen 6.0% compared to last year, with homes spending an average of 28 days on market, indicating 2.3 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 4.0x provides context for how home values compare to local earning capacity.
Homes for sale in Chesterton
There are currently 41 homes listed for sale in Chesterton, Indiana. The median listing price is $423K.
Active listings
41
Homes on market
Median list price
$423K
Avg. days on market
28
Days until sale
New this week
26
Newly listed
Who lives in Chesterton?
Population
14,326
Median income
$88,536/yr
Median age
37.6 years
Owner-occupied
71.8%
College grads
40.2%
Avg commute
26.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Chesterton?
Zillow home value
$351,244
Zillow rent index
$1,393/mo
Price-to-rent ratio
21.0x
Price-to-income
4.0x
Source: Zillow Research
What is it like to live in Chesterton?
Chesterton is a community of approximately 14K residents with a median age of 37.6 years.The median household income is $88,536, which reflects a relatively affluent area with strong earning potential. 40.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 71.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Chesterton offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Chesterton?
8 schools tracked · 5,079 students
The largest public schools serving Chesterton, 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.
Chesterton Senior High School
Grades 9-12 · 1,985 students
Chesterton Middle School
Grades 7-8 · 870 students
Liberty Elementary School
Grades K-4 · 530 students
Westchester Intermediate School
Grades 5-6 · 485 students
Bailly Elementary School
Grades K-4 · 393 students
Brummitt Elementary School
Grades K-4 · 362 students
Liberty Intermediate School
Grades 5-6 · 354 students
Trojan Virtual Academy
Grades K-12 · 100 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Chesterton, IN?
Want a head-to-head view? Compare Chesterton side-by-side with any other U.S. city using our market-comparison tool.
Is Chesterton a good real estate investment market?
For investors evaluating Chesterton, the price-to-rent ratio of 21.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 6.0% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Chesterton's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Chesterton's median home price.
Frequently asked questions
What is the average home price in Chesterton?
The median home sale price in Chesterton is $367,500, down 6.0% from last year.
How long do homes stay on market in Chesterton?
Homes typically spend 28 days on market before going under contract.
What is the median income in Chesterton?
The median household income is $88,536 per year.
Is Chesterton a buyer's or seller's market?
With 2.3 months of supply, Chesterton is currently a seller's market.
What is the Zillow home value estimate for Chesterton?
The Zillow Home Value Index (ZHVI) for Chesterton is $351,244, representing the typical home value in the area.
What is the median condo price in Chesterton?
The median condo/co-op sale price in Chesterton, IN is $163,000, compared to $382,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Chesterton?
The median single-family home price in Chesterton, IN is $382,500 (about $156 per square foot).
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