Good Investment

Home appreciation in Michigan City, IN

Over the five years ending 2025, home prices in Michigan City, IN grew an average of 10.3% a year.

Price growth at a glance

1-year

+8.6%

2025 over 2024. Indiana: +5.2%.

5-year, per year

+10.3%

Average annual growth, 2020 to 2025. Indiana: +9.4%.

10-year, per year

+7.5%

+105.5% in total since 2015. Indiana: +7.2%.

How does your home compare?

Michigan City, IN home prices rose 105.5% over the ten years to 2025, while its ZIP codes ranged from +77.1% to +108.4%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Michigan City, IN compares with Indiana

Indiana averaged +9.4% a year, so Michigan City, IN grew faster than the state overall. For five-year price growth, Michigan City, IN ranks 89th out of 409 metros nationwide and 3rd out of 13 in Indiana.

Index, 2005 = 100

Michigan City-La Porte, IN and Indiana, quarterly house price index rebased to 100 in 2005.
YearMichigan City-La Porte, INIndiana
2005 Q1100100
2005 Q2100101
2005 Q3104102
2005 Q4105103
2006 Q1103103
2006 Q2107102
2006 Q3106103
2006 Q4107104
2007 Q1107104
2007 Q2108105
2007 Q3107104
2007 Q4107104
2008 Q1108105
2008 Q2109104
2008 Q3107103
2008 Q4106103
2009 Q1107104
2009 Q2106103
2009 Q3103101
2009 Q4105101
2010 Q110299
2010 Q2103100
2010 Q3104101
2010 Q4103101
2011 Q110098
2011 Q29898
2011 Q39999
2011 Q49999
2012 Q19798
2012 Q29798
2012 Q39999
2012 Q49899
2013 Q19799
2013 Q29899
2013 Q3100100
2013 Q499100
2014 Q198100
2014 Q2101101
2014 Q3102102
2014 Q4101103
2015 Q1105104
2015 Q2103105
2015 Q3106106
2015 Q4103106
2016 Q1106106
2016 Q2105108
2016 Q3108110
2016 Q4109111
2017 Q1105111
2017 Q2108113
2017 Q3110115
2017 Q4113116
2018 Q1114118
2018 Q2116120
2018 Q3117122
2018 Q4119123
2019 Q1122124
2019 Q2123127
2019 Q3124129
2019 Q4126130
2020 Q1128132
2020 Q2130133
2020 Q3131136
2020 Q4135139
2021 Q1136142
2021 Q2144150
2021 Q3152158
2021 Q4158163
2022 Q1162168
2022 Q2171178
2022 Q3178182
2022 Q4178181
2023 Q1177182
2023 Q2185190
2023 Q3186192
2023 Q4192193
2024 Q1191195
2024 Q2192201
2024 Q3201204
2024 Q4203205
2025 Q1211207
2025 Q2210211
2025 Q3217213
2025 Q4217215
2026 Q1222217
2026 Q2224221

Chart through 2026 Q2. Annual growth figures through 2025.

Growth was stronger over the last five years than over the full decade: +7.5% a year over ten years, +105.5% in total.

Over this history, home prices peaked in 2008, fell 9.2% to its 2012 low, and regained the 2008 level in 2017.

The strongest year was 2022 at +16.6%, and the weakest was 2011 at -4.1%.

In 2025 alone the index moved +8.6%, against +5.2% for the state.

ZIP codes in Michigan City, IN

Over the ten years to 2025, the 6 ZIP codes FHFA measures in this metro ranged from +77.1% in 46391 to +108.4% in 46360, while the metro as a whole rose 105.5%.

ZIP codes in Michigan City-La Porte, IN ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
46360+12.1%+11.0%+7.6%+108.4%
46350+6.3%+9.2%+6.8%+93.2%
46390+7.7%+8.9%+6.6%+88.7%
46382+7.6%+8.9%+6.5%+87.1%
46371+3.9%+8.4%+6.4%+85.7%
46391+6.4%+8.8%+5.9%+77.1%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Michigan City-La Porte, IN and Indiana, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006103.6+3.6%101.5
2007105.1+1.4%103.0
2008105.2+0.2%102.3
2009103.3-1.9%100.7
2010100.8-2.4%98.7
201196.7-4.1%97.1
201295.5-1.2%97.3
201396.5+1.0%98.2
201498.4+2.0%100.0
2015101.9+3.5%103.8
2016104.8+2.9%107.3
2017106.7+1.8%111.9
2018114.2+7.1%119.0
2019121.3+6.2%125.7
2020128.4+5.8%133.1
2021144.6+12.6%151.2
2022168.5+16.6%174.6
2023181.3+7.6%186.7
2024192.7+6.3%198.3
2025209.3+8.6%208.6

The 13 measured metros in Indiana

Measured metros in Indiana ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Fort Wayne, IN+4.5%+10.8%+8.3%
2Lafayette-West Lafayette, IN+5.3%+10.3%+7.7%
3Michigan City-La Porte, IN+8.6%+10.3%+7.5%
4Kokomo, IN+6.5%+10.1%+7.4%
5Muncie, IN+6.6%+10.0%+7.2%
6South Bend-Mishawaka, IN-MI+4.9%+10.0%+7.7%
7Terre Haute, IN+7.6%+9.6%+6.6%
8Indianapolis-Carmel-Greenwood, IN+4.8%+9.3%+7.6%
9Elkhart-Goshen, IN+5.1%+9.2%+7.4%
10Columbus, IN+4.2%+8.7%+6.5%
11Lake County-Porter County-Jasper County, IN (metropolitan division)+4.3%+8.5%+6.4%
12Bloomington, IN+4.0%+8.3%+6.9%
13Evansville, IN+5.1%+8.3%+6.1%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the Indiana row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

Investing? Score any property free

All metrosState rankings
Share

Measured FHFA data · chart through 2026 Q2