Munster, IN

Full City Profile · Indiana · Lake County County

3.8 /5.0
B+ Good
23,733 Population 3,148/sq mi density
$105,764 Median Income $54,931 per capita
$312,000 Home Value $356,538 Zillow
$1,480 Median Rent 27.8% income on rent
50°F Avg Temperature
51 Violent Crime/100K 1,033 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$105,764 median income, 5.3% unemployment
A+
Affordability
5.0 / 5.0
$312,000 home value, $1,480/mo rent
F
Safety
1.0 / 5.0
51 violent crimes/100K
A+
Education
4.8 / 5.0
48.1% bachelor's degree or higher

Housing Overview

Median Home Value
$312,000
11% above
US avg: $281,900
Median Rent
$1,480/mo
27% above
US avg: $1,163/mo
Homeownership Rate
86.1%
32% above US avg (65.4%)
Total Housing Units
9,767
Median year built: 1972

Home Value by Source

Census Median
$312,000
Zillow (ZHVI)
$356,538
Redfin Median Sale
$365,000
Median Sale Price
$365,000
Median List Price
$364,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

86.1%
Owner-Occupied
13.9%
Renter-Occupied
86%
14%
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: $1,480/mo · Zillow rent: $2,188/mo

Market Indicators (Redfin)

Median Sale Price
$365,000
Median Days on Market
70 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
15
Price Drops
26.2%
of listings with price reduction
Price Per Sq Ft
$157
Active Inventory
65
homes for sale

Affordability & Housing Stock

Rent Burden
27.8%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
86.1%

Complete Housing Data

Home Values

Census Median Value$312,000
Zillow Home Value (ZHVI)$356,538
Redfin Median Sale$365,000
Median Sale Price$365,000
Median List Price$364,950
Price Per Sq Ft$157

Rent

Census Median Rent$1,480
Zillow Rent (ZORI)$2,188
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 Market70
Sale-to-List Ratio1.0%
Price Drops26.2%
Homes Sold15
Active Inventory65
Price Per Sq Ft$157

Ownership & Stock

Owner-Occupied86.1%
Renter-Occupied13.9%
Homeownership Rate86.1%
Total Housing Units9,767
Median Year Built1972
Rent Burden27.8%