Zip 46303 (Cedar Lake, IN) Housing

The housing market in 46303 Cedar Lake, IN is flourishing with a median value of $279,800; this median value is far lower than the US House median value of $338,100. Additionally, the appreciation for houses over the past year has been 9.67%, almost 1.5% higher than the US appreciation rate of 8.27%. This makes now a great time to invest in this area as prices are still relatively low compared to other areas but have been appreciating quickly.

The median home cost in Cedar Lake (zip 46303) is $279,800. Home appreciation the last 10 years has been 76.1%. Home Appreciation in Cedar Lake (zip 46303) is up 14.2%.

Average Age of Homes

- The median age of Cedar Lake (zip 46303) real estate is 41 years old

The Rental Market in Cedar Lake (zip 46303)

- Renters make up 17.6% of the Cedar Lake (zip 46303) population
- 1.7% of houses and apartments in Cedar Lake (zip 46303), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Cedar Lake, Indiana	United States
	6,581.0	139,647,020.0
	35	42
	$279,800	$338,100
	14.2%	16.6%
	54.9%	57.0%
	76.1%	101.1%
	$10.82	$10.98
	$2,345	$2,690
	73.0%	57.4%
	11.0%	11.2%
	16.0%	31.4%
Vacant Housing
	1.7%	1.9%
	0.4%	0.4%
	0.6%	0.7%
	1.0%	0.4%
	2.6%	3.6%
	4.6%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	0.6%	2.4%
	1.6%	2.8%
	3.5%	3.9%
	4.7%	4.5%
	13.6%	11.3%
	17.9%	13.0%
	32.1%	20.1%
	16.3%	13.6%
	4.4%	8.3%
	3.7%	9.7%
	0.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.8%	0.2%
	24.5%	13.6%
	24.5%	13.6%
	9.0%	13.6%
	5.8%	13.2%
	11.7%	14.8%
	9.0%	13.6%
	11.2%	10.0%
	5.9%	4.7%
	11.3%	12.2%

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