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Updated May 2026 · Redfin · 3-month window

46405 Real Estate Market Update: Lake Station, IN, May 2026

The latest housing-market numbers for ZIP code 46405 in Lake Station, Indiana, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

ZIP 46405 · Lake Station, IN · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$191K▲ +4.8%▲ +23.4%
Days on market34▲ +21.8%▼ -35.6%
Homes for sale19▼ -9.5%▼ -42.4%
Sale-to-list97.9%▲ +1.3%▲ +1.0%
Homes sold34• 0.0%▼ -8.1%

Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.

What the 46405 numbers say

Prices in Lake Station's 46405 ZIP are still climbing. The median sale price reached $191,250, up 23.4% year over year. Homes here move fast: a typical listing goes under contract in about 34 days, and sellers are getting 97.9% of list price.

Based on 34 recent sales, 46405 is currently an active market.

What this means if you sell in 46405

Use these figures to set expectations early. Lead a listing appointment with the median price and the 34-day pace, show the year-over-year direction, and frame 46405 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.

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Frequently asked: the 46405 housing market

What is the median home price in ZIP 46405 (Lake Station, IN)?
As of May 2026, the median sale price in ZIP 46405 is $191,250 (+23.4% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 46405 a buyer's or seller's market right now?
ZIP 46405 is currently an active market, based on a 97.9% sale-to-list ratio, about 34 days on market for May 2026.
How long do homes take to sell in ZIP 46405?
A typical listing in 46405 goes under contract in about 34 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 46405 market data come from?
All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.

More Indiana markets

All Indiana ZIP codes →All US ZIP-code updates →

Nearby Indiana ZIP codes

46074 · Westfield46307 · Crown Point46143 · Greenwood47130 · Jeffersonville46062 · Noblesville46123 · Avon46060 · Noblesville46037 · Fishers46032 · Carmel46112 · BrownsburgAll Indiana ZIP codes →

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<a href="https://getlokal.io/in/zip/46405/" rel="dofollow">46405 Lake Station real estate market · May 2026 · by LOKAL</a>

Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.