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Featured local agent — Tri-Lakes, IN
Sarah Mitchell
Compass Real Estate · Tri-Lakes, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Tri-Lakes, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$359,950median sale price
How is the Tri-Lakes, IN housing market right now?
The median home sale price in Tri-Lakes, IN is $359,950. Homes sell in an average of 46 days with 4 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 Tri-Lakes a buyer's or seller's market?
Tri-Lakes, IN is currently a seller's market, based on 2.0 months of supply and homes selling in about 46 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
46
Average pace
Active listings
4
2.0 months supply
Sale-to-list
97.2%
Below asking
What does the Tri-Lakes housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $359,950 |
| Median list price | $536,950 |
| Average days on market | 46 days |
| Active inventory | 4 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 97.2% |
| Median price per sq ft | $190/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 2 |
| Listings with a price cut | 50.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Tri-Lakes by property type?
How the Tri-Lakes, 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 | $359,950 | $190/sq ft | 2 | 46 days |
Source: Redfin · Updated monthly
The Tri-Lakes housing market is currently classified as a seller's market with a median sale price of $359,950. Prices have fallen 0.0% compared to last year, with homes spending an average of 46 days on market, indicating 2.0 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 Tri-Lakes
There are currently 4 homes listed for sale in Tri-Lakes, Indiana. The median listing price is $537K.
Active listings
4
Homes on market
Median list price
$537K
Avg. days on market
46
Days until sale
New this week
2
Newly listed
Who lives in Tri-Lakes?
Population
1,070
Median income
$113,214/yr
Median age
49.9 years
Owner-occupied
98.7%
College grads
42.4%
Avg commute
28.9 min
Source: U.S. Census Bureau ACS
What is it like to live in Tri-Lakes?
Tri-Lakes is a community of approximately 1K residents with a median age of 49.9 years.The median household income is $113,214, which reflects a relatively affluent area with strong earning potential. 42.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 98.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Tri-Lakes offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Tri-Lakes, IN?
Want a head-to-head view? Compare Tri-Lakes side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Tri-Lakes?
The median home sale price in Tri-Lakes is $359,950, down 0.0% from last year.
How long do homes stay on market in Tri-Lakes?
Homes typically spend 46 days on market before going under contract.
What is the median income in Tri-Lakes?
The median household income is $113,214 per year.
Is Tri-Lakes a buyer's or seller's market?
With 2.0 months of supply, Tri-Lakes is currently a seller's market.
How much does a single-family home cost in Tri-Lakes?
The median single-family home price in Tri-Lakes, IN is $359,950 (about $190 per square foot).
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