Why Live in Lake Station
Lake Station, a laidback neighborhood in Lake Station, is known for its winding waterways and numerous parks. Located 4 miles from Lake Michigan and about 40 miles from Chicago, this Indiana neighborhood offers affordable housing within a close-knit community. Homes, primarily built in the early to mid-20th century, are mostly bungalows and ranch styles, with occasional new constructions. Riverview Park, the largest green space, features pickleball courts, an outdoor swimming pool, an archery range, volleyball and basketball courts, and a large green space by the river. Grand Boulevard Lake offers additional boating and fishing opportunities along with a one-mile lakeside nature loop. Residents can also enjoy the beaches along Lake Michigan, just a short drive away. Lake Station Trail runs parallel to Main Street, providing some walkability, though most residents rely on cars for errands and commuting. Major roads like U.S. Route 6 and Interstates 94, 65, and 90 facilitate travel, with Downtown Chicago accessible within 38 miles. Community events are frequent, including Food Truck Sunday, a farmers market, and seasonal celebrations like an Easter egg hunt, Halloween event, and a pride festival. Dining options on Central Avenue include Taqueria Mazamitla for tacos, Tap House 1233 Grill for barbecue and seafood, and Bajo Cero Michoacana for ice cream. The He Ain't Here Lounge is a popular spot for drinks. For groceries, Strack and Van Til is the local go-to, while retail shopping is available 9 miles away at Southlake Mall.
Home Trends in Lake Station, IN
On average, homes in Lake Station, IN sell after 62 days on the market compared to the national average of 70 days. The median sale price for homes in Lake Station, IN over the last 12 months is $420,000, up 20% from the median home sale price over the previous 12 months.
Median Sale Price
$420,000
Median Single Family Sale Price
$450,000
Median 2 Bedroom Sale Price
$588,000
Median 1 Bedroom Sale Price
$625,000
Average Price Per Sq Ft
$284
Number of Homes for Sale
13
Last 12 months Home Sales
143
Median List Price
$468,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
20%