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Winfield, IN

Full City Profile · Indiana · Lake County County

3.7 /5.0
B+ Good
7,501 Population 605/sq mi density
$128,980 Median Income $46,695 per capita
$401,200 Home Value $236,982 Zillow
$1,981 Median Rent 51.0% income on rent
50°F Avg Temperature 275 sunny days/yr
333 Violent Crime/100K 3,444 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$128,980 median income, 3.1% unemployment
A+
Affordability
4.9 / 5.0
$401,200 home value, $1,981/mo rent
F
Safety
1.0 / 5.0
333 violent crimes/100K
A
Education
4.1 / 5.0
38.7% bachelor's degree or higher

Housing Overview

Median Home Value
$401,200
42% above
US avg: $281,900
Median Rent
$1,981/mo
70% above
US avg: $1,163/mo
Homeownership Rate
94.8%
45% above US avg (65.4%)
Total Housing Units
2,491
Median year built: 2002

Home Value by Source

Census Median
$401,200
Zillow (ZHVI)
$236,982
Median Sale Price
$415,497
Median List Price
$406,335
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

94.8%
Owner-Occupied
5.2%
Renter-Occupied
95%
5%
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: $1,981/mo

Market Indicators (Redfin)

Median Days on Market
92 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
18
Price Drops
30.0%
of listings with price reduction
Price Per Sq Ft
$196
Active Inventory
40
homes for sale

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
2002
Average age of housing stock: 24 years
Homeownership Rate
94.8%

Complete Housing Data

Home Values

Census Median Value$401,200
Zillow Home Value (ZHVI)$236,982
Median Sale Price$415,497
Median List Price$406,335
Price Per Sq Ft$196

Rent

Census Median Rent$1,981
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 Market92
Sale-to-List Ratio1.0%
Price Drops30.0%
Homes Sold18
Active Inventory40
Price Per Sq Ft$196

Ownership & Stock

Owner-Occupied94.8%
Renter-Occupied5.2%
Homeownership Rate94.8%
Total Housing Units2,491
Median Year Built2002
Rent Burden51.0%