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
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 Market | 110 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 27.9% |
| Homes Sold | 12 |
| Active Inventory | 79 |
| Price Per Sq Ft | $159 |
Ownership & Stock
| Owner-Occupied | 58.2% |
| Renter-Occupied | 41.8% |
| Homeownership Rate | 58.2% |
| Total Housing Units | 14,849 |
| Median Year Built | 1961 |
| Rent Burden | 28.1% |
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