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Featured local agent — Lake Village, IN
Sarah Mitchell
Compass Real Estate · Lake Village, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lake Village, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$395,000median sale price
How is the Lake Village, IN housing market right now?
The median home sale price in Lake Village, IN is $395,000. Homes sell in an average of 29 days. 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 Lake Village a buyer's or seller's market?
Lake Village, IN is currently a balanced market and homes selling in about 29 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
29
Average pace
Active listings
—
Sale-to-list
98.9%
Below asking
What does the Lake Village housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $395,000 |
| Average days on market | 29 days |
| Sale-to-list price ratio | 98.9% |
| Median price per sq ft | $189/sq ft |
| Homes sold (latest month) | 2 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Lake Village by property type?
How the Lake Village, 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 | $395,000 | $189/sq ft | 2 | 29 days |
Source: Redfin · Updated monthly
The Lake Village housing market is currently classified as a balanced market with a median sale price of $395,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 29 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Lake Village
Explore homes currently listed for sale in Lake Village, Indiana across major real estate platforms.
Who lives in Lake Village?
Population
533
Median age
61.8 years
Owner-occupied
71.2%
College grads
22.1%
Avg commute
40.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Lake Village?
Zillow home value
$302,383
Source: Zillow Research
What is it like to live in Lake Village?
Lake Village is a community of approximately 1K residents with a median age of 61.8 years. 22.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 71.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 40.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lake Village offers a distinctive character that appeals to different lifestyle preferences.
Which public schools serve Lake Village?
1 schools tracked · 171 students
The largest public schools serving Lake Village, 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.
Lake Village Elementary School
Grades K-6 · 171 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 Lake Village, IN?
Want a head-to-head view? Compare Lake Village side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lake Village?
The median home sale price in Lake Village is $395,000, down 0.0% from last year.
How long do homes stay on market in Lake Village?
Homes typically spend 29 days on market before going under contract.
What is the Zillow home value estimate for Lake Village?
The Zillow Home Value Index (ZHVI) for Lake Village is $302,383, representing the typical home value in the area.
How much does a single-family home cost in Lake Village?
The median single-family home price in Lake Village, IN is $395,000 (about $189 per square foot).
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