La Porte, IN—46350
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — La Porte, IN
As of Oct '25, the median home price in La Porte, IN is $266,000, with a year-over-year change of 4.5%. This indicates that home prices in La Porte, IN are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $266,000 | 4.5% |
| Single Family | $264,000 | 4.3% |
| Condos | $307,000 | 3.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $148,000 | 2.1% |
2 Bed | $189,000 | 4.4% |
3 Bed | $271,000 | 4.2% |
4 Bed | $345,000 | 5.2% |
| 5 Bed | $400,000 | 4.2% |
% of Housing Stock
Rental Trends — La Porte, IN
As of July '25, Rentcast reports the average rent in La Porte, IN is $1,300, with a year-over-year rent change of 20.4%. Per bedroom, the median rent as of July '25 in La Porte, IN is studios: $711, 1-bedrooms: $898, 2-bedrooms: $1,280, 3-bedrooms: $1,590. The most common rental property sizes in La Porte, IN are 2-bedroom and 3-bedroom, accounting for 43.7% and 25.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,300 |
| Studio Rent | $720 | $711 |
| 1 Bed Rent | $890 | $898 |
| 2 Bed Rent | $1,000 | $1,280 |
| 3 Bed Rent | $1,400 | $1,590 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — La Porte, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in La Porte, IN is 50. This is a decrease of -5.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $318,000 | -3.0% |
Listing Count | 168 | 25.0% |
| Listings as % of Homes | 0.4% | 25.0% |
Days on Market | 50 | -5.0% |
Demographics — La Porte, IN
As of the latest ACS Survey released in 2023, La Porte, IN has a population of 45,200, which has increased by 5.9% over the past 5 years. La Porte, IN is a moderately popular place for families, as children make up 24.0% of the population. The area has a poorly educated workforce, with 23.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 45,200 | 5.9% |
% Under 18 | 24.0% | 3.4% |
% Seniors | 19.2% | 7.9% |
% WFH | 6.4% | 68.4% |
% w/ College Degree | 23.6% | 19.8% |
As of the latest ACS Survey released in 2023, La Porte, IN is a predominantly white area, with 82.5% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in La Porte, IN is hispanic, making up 7.7% of the population. Foreign-born residents account for 3.9% of the population in La Porte, IN, and this percentage has decreased by 17.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 82.5% | -4.5% |
% Black | 2.7% | 8.0% |
% Hispanic | 7.7% | -16.3% |
% Asian | 0.6% | 0.0% |
% Foreign Born | 3.9% | -17.0% |
Mortgage and Risk — La Porte, IN
According to HUD data as of 2023, there were 1035 mortgage originations in La Porte, IN, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in La Porte, IN. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,035 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — La Porte, IN
La Porte, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 382 |
Total Units Section 8 | 383 |
% Rentals under Section 8 | 9.3% |
% Occupied Section 8 | 90.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $890 | $840 |
| 2 Bedroom | $20 | $1,000 | $1,020 |
| 3 Bedroom | -$110 | $1,400 | $1,290 |
| 4 Bedroom | N/A | N/A | $1,490 |
Affordability — La Porte, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $266,000 |
| Median Household Income | $75,300 |