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Michigan City, IN

Full City Profile · Indiana · Berrien County County

3.0 /5.0
B Good
31,894 Population 1,546/sq mi density
$52,979 Median Income $29,518 per capita
$129,000 Home Value $181,615 Zillow
$915 Median Rent 28.1% income on rent
50°F Avg Temperature 275 sunny days/yr
317 Violent Crime/100K 4,386 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$52,979 median income, 3.9% unemployment
A+
Affordability
5.0 / 5.0
$129,000 home value, $915/mo rent
F
Safety
1.0 / 5.0
317 violent crimes/100K
C+
Education
2.5 / 5.0
18.8% bachelor's degree or higher

Housing Overview

Median Home Value
$129,000
54% below
US avg: $281,900
Median Rent
$915/mo
21% below
US avg: $1,163/mo
Homeownership Rate
58.2%
11% below US avg (65.4%)
Total Housing Units
14,849
Median year built: 1961

Home Value by Source

Census Median
$129,000
Zillow (ZHVI)
$181,615
Median Sale Price
$245,000
Median List Price
$220,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

58.2%
Owner-Occupied
41.8%
Renter-Occupied
58%
42%
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: $915/mo · Zillow rent: $1,196/mo

Market Indicators (Redfin)

Median Days on Market
110 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
12
Price Drops
27.9%
of listings with price reduction
Price Per Sq Ft
$159
Active Inventory
79
homes for sale

Affordability & Housing Stock

Rent Burden
28.1%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
58.2%

Complete Housing Data

Home Values

Census Median Value$129,000
Zillow Home Value (ZHVI)$181,615
Median Sale Price$245,000
Median List Price$220,000
Price Per Sq Ft$159

Rent

Census Median Rent$915
Zillow Rent (ZORI)$1,196
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 Market110
Sale-to-List Ratio1.0%
Price Drops27.9%
Homes Sold12
Active Inventory79
Price Per Sq Ft$159

Ownership & Stock

Owner-Occupied58.2%
Renter-Occupied41.8%
Homeownership Rate58.2%
Total Housing Units14,849
Median Year Built1961
Rent Burden28.1%