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Cedar Lake, IN
Full City Profile · Indiana · Lake County County
3.3
/5.0
B
Good
14,686
Population
1,554/sq mi density
$79,177
Median Income
$38,037 per capita
$259,900
Home Value
$325,829 Zillow
$1,209
Median Rent
28.5% income on rent
50°F
Avg Temperature
275 sunny days/yr
170
Violent Crime/100K
1,892 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$79,177 median income, 3.0% unemployment
A+
Affordability
4.8 / 5.0
$259,900 home value, $1,209/mo rent
F
Safety
1.0 / 5.0
170 violent crimes/100K
C+
Education
3.0 / 5.0
24.8% bachelor's degree or higher
Housing Overview
Median Home Value
$259,900
8% below
US avg: $281,900
Median Rent
$1,209/mo
4% above
US avg: $1,163/mo
Homeownership Rate
80.1%
22% above US avg (65.4%)
Total Housing Units
5,921
Median year built: 1987
Home Value by Source
Census Median
$259,900
Zillow (ZHVI)
$325,829
Median Sale Price
$370,000
Median List Price
$363,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
80.1%
Owner-Occupied
19.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$1,209/mo
· Zillow rent:
$1,795/mo
Market Indicators (Redfin)
Median Days on Market
101 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
19
Price Drops
9.1%
of listings with price reduction
Price Per Sq Ft
$181
Active Inventory
77
homes for sale
Affordability & Housing Stock
Rent Burden
28.5%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1987
Average age of housing stock: 39 years
Homeownership Rate
80.1%
Complete Housing Data
Home Values
| Census Median Value | $259,900 |
| Zillow Home Value (ZHVI) | $325,829 |
| Median Sale Price | $370,000 |
| Median List Price | $363,450 |
| Price Per Sq Ft | $181 |
Rent
| Census Median Rent | $1,209 |
| Zillow Rent (ZORI) | $1,795 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 101 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 9.1% |
| Homes Sold | 19 |
| Active Inventory | 77 |
| Price Per Sq Ft | $181 |
Ownership & Stock
| Owner-Occupied | 80.1% |
| Renter-Occupied | 19.9% |
| Homeownership Rate | 80.1% |
| Total Housing Units | 5,921 |
| Median Year Built | 1987 |
| Rent Burden | 28.5% |