Brokers — List your Company Here
Featured local agent — Heritage Lake, IN
Sarah Mitchell
Compass Real Estate · Heritage Lake, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Heritage Lake, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$320,000median sale price
How is the Heritage Lake, IN housing market right now?
The median home sale price in Heritage Lake, IN is $320,000, down 14.7% year-over-year. Homes sell in an average of 42 days with 27 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 Heritage Lake a buyer's or seller's market?
Heritage Lake, IN is currently a seller's market, based on 2.3 months of supply and homes selling in about 42 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
42
Average pace
Active listings
27
2.3 months supply
Sale-to-list
96.4%
Below asking
What does the Heritage Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $320,000 |
| Median list price | $329,950 |
| Year-over-year price change | -14.7% |
| Average days on market | 42 days |
| Active inventory | 27 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 96.4% |
| Median price per sq ft | $215/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 20 |
| Listings with a price cut | 29.6% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Heritage Lake by property type?
How the Heritage Lake, 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 | $320,000 | $215/sq ft | 12 | 42 days |
Source: Redfin · Updated monthly
The Heritage Lake housing market is currently classified as a seller's market with a median sale price of $320,000. Prices have fallen 14.7% compared to last year, with homes spending an average of 42 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.
Homes for sale in Heritage Lake
There are currently 27 homes listed for sale in Heritage Lake, Indiana. The median listing price is $330K.
Active listings
27
Homes on market
Median list price
$330K
Avg. days on market
42
Days until sale
New this week
20
Newly listed
Who lives in Heritage Lake?
Population
2,913
Median income
$81,495/yr
Median age
34 years
Owner-occupied
97.5%
College grads
20.8%
Avg commute
30.5 min
Source: U.S. Census Bureau ACS
What is it like to live in Heritage Lake?
Heritage Lake is a community of approximately 3K residents with a median age of 34 years.The median household income is $81,495, which reflects a relatively affluent area with strong earning potential. 20.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 97.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Heritage Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Heritage Lake, IN?
Want a head-to-head view? Compare Heritage Lake side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Heritage Lake?
The median home sale price in Heritage Lake is $320,000, down 14.7% from last year.
How long do homes stay on market in Heritage Lake?
Homes typically spend 42 days on market before going under contract.
What is the median income in Heritage Lake?
The median household income is $81,495 per year.
Is Heritage Lake a buyer's or seller's market?
With 2.3 months of supply, Heritage Lake is currently a seller's market.
How much does a single-family home cost in Heritage Lake?
The median single-family home price in Heritage Lake, IN is $320,000 (about $215 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Heritage Lake, IN
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Heritage Lake market alerts
Weekly updates on prices, inventory, and trends. Free forever.