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Griffith, IN

Full City Profile · Indiana · Lake County County

3.4 /5.0
B Good
16,228 Population 2,089/sq mi density
$76,009 Median Income $39,045 per capita
$200,400 Home Value $243,311 Zillow
$1,154 Median Rent 29.0% income on rent
50°F Avg Temperature 275 sunny days/yr
69 Violent Crime/100K 1,792 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$76,009 median income, 2.4% unemployment
A+
Affordability
5.0 / 5.0
$200,400 home value, $1,154/mo rent
F
Safety
1.0 / 5.0
69 violent crimes/100K
B
Education
3.1 / 5.0
26.6% bachelor's degree or higher

Housing Overview

Median Home Value
$200,400
29% below
US avg: $281,900
Median Rent
$1,154/mo
1% below
US avg: $1,163/mo
Homeownership Rate
72.4%
11% above US avg (65.4%)
Total Housing Units
7,022
Median year built: 1967

Home Value by Source

Census Median
$200,400
Zillow (ZHVI)
$243,311
Median Sale Price
$237,450
Median List Price
$275,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

72.4%
Owner-Occupied
27.6%
Renter-Occupied
72%
28%
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: $1,154/mo · Zillow rent: $1,277/mo

Market Indicators (Redfin)

Median Days on Market
41 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
22.2%
of listings with price reduction
Price Per Sq Ft
$159
Active Inventory
27
homes for sale

Affordability & Housing Stock

Rent Burden
29.0%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
72.4%

Complete Housing Data

Home Values

Census Median Value$200,400
Zillow Home Value (ZHVI)$243,311
Median Sale Price$237,450
Median List Price$275,000
Price Per Sq Ft$159

Rent

Census Median Rent$1,154
Zillow Rent (ZORI)$1,277
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 Market41
Sale-to-List Ratio1.0%
Price Drops22.2%
Homes Sold8
Active Inventory27
Price Per Sq Ft$159

Ownership & Stock

Owner-Occupied72.4%
Renter-Occupied27.6%
Homeownership Rate72.4%
Total Housing Units7,022
Median Year Built1967
Rent Burden29.0%