Porter, IN housing market
Homes typically sell in 21 days, below asking.
Home values, sales, trends and how Porter compares with the towns next door — updated as new data is published.
Porter at a glance
A seller's market
Supply is tight — about 2.3 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Home prices up 48% in 5 years
The federal house price index for the ZIP code around Porter rose 48% over the past 5 years, slower than across Indiana (53%). Last year prices rose 4.6%. Carrying the Census median home value forward with that index puts the typical Porter home at roughly $429,000 today.
Show as a table
| Year | Change that year | Since 2000 | Indiana since 2000 |
|---|---|---|---|
| 2025 | +4.6% | +117% | +126% |
| 2024 | +1.3% | +107% | +117% |
| 2023 | +11% | +104% | +106% |
| 2022 | +11% | +84% | +90% |
| 2021 | +13% | +65% | +65% |
| 2020 | +3.2% | +46% | +48% |
| 2019 | +5.1% | +42% | +42% |
| 2018 | +5% | +35% | +34% |
| 2017 | +4.1% | +29% | +26% |
| 2016 | +0.6% | +23% | +20% |
| 2015 | +2.7% | +23% | +16% |
| 2014 | +1.4% | +19% | +13% |
| 2013 | +3.8% | +18% | +10% |
| 2012 | −2.8% | +14% | +9% |
| 2011 | −1.6% | +17% | +9.6% |
| 2010 | −3% | +19% | +12% |
| 2009 | −2% | +22% | +14% |
| 2008 | −2.3% | +25% | +17% |
| 2007 | +3.2% | +28% | +18% |
| 2006 | +6% | +24% | +16% |
| 2005 | +5.4% | +17% | +14% |
| 2004 | +3% | +11% | +10% |
| 2003 | +1.9% | +7.6% | +7.8% |
| 2002 | +1.2% | +5.5% | +6.3% |
| 2001 | +4.3% | +4.3% | +4.3% |
| 2000 | — | — | — |
How Porter ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 46304, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
4 new homes permitted in 2025
Builders were permitted 4 new homes in Porter in 2025, all single-family houses, worth about $1.3 million to build. That's 0.8 per 1,000 residents, slower than across Indiana (6). Over the past 10 years, Porter has permitted 92 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Porter gained 352 residents while 65 new homes were permitted: about 5.4 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Indiana: 1.7 new residents per new home.
How Porter ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 4 | 2 | 2 | $960,000 |
| 2025 | 4 | 4 | 0 | $1.3 million |
| 2024 | 5 | 5 | 0 | $1.6 million |
| 2023 | 7 | 7 | 0 | $3.2 million |
| 2022 | 5 | 1 | 4 | $730,000 |
| 2021 | 9 | 9 | 0 | $2.1 million |
| 2020 | 16 | 6 | 10 | $2.4 million |
| 2019 | 13 | 11 | 2 | $1.9 million |
| 2018 | 16 | 12 | 4 | $2.1 million |
| 2017 | 10 | 8 | 2 | $1.4 million |
| 2016 | 7 | 5 | 2 | $1 million |
| 2015 | 2 | 2 | 0 | $410,000 |
| 2014 | 4 | 4 | 0 | $669,000 |
| 2013 | 5 | 5 | 0 | $1.1 million |
| 2012 | 2 | 2 | 0 | $500,000 |
| 2011 | 3 | 3 | 0 | $341,000 |
| 2010 | 3 | 3 | 0 | $548,000 |
| 2009 | 8 | 8 | 0 | $1.5 million |
| 2008 | 5 | 5 | 0 | $825,000 |
| 2007 | 13 | 11 | 2 | $2.1 million |
| 2006 | 24 | 22 | 2 | $4.2 million |
| 2005 | 41 | 27 | 14 | $6 million |
| 2004 | 31 | 22 | 9 | $5.4 million |
| 2003 | 22 | 18 | 4 | $3.4 million |
| 2002 | 22 | 17 | 5 | $3.1 million |
| 2001 | 37 | 31 | 6 | $5.5 million |
| 2000 | 45 | 33 | 12 | $6.4 million |
How Porter ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Porter and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Porter | — | +4.6%† | $1,410 | 4 | $74,542 |
| Chesterton | $349K | +2.9% | $1,410 | 58 | $91,060 |
| Dune Acres | $941K | +13.4% | $1,410 | 1 | $163,333 |
| Burns Harbor | $321K | +2.1% | $1,410 | 11 | $98,500 |
† FHFA price index change, where Zillow has no home value for the town.
3.6 years of income
The typical Porter home costs about 3.6 years of the town's median household income, about the same as across Indiana (3.6).
How Porter ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,410
HUD's Fair Market Rent for a two-bedroom in Porter is $1,410 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Porter pay a median of $1,026, so moving in tends to cost more than staying put. A two-bedroom takes about 23% of the town's median household income.
Studio $1,030 · 4 bedrooms $1,870
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (46304; Gary, IN HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.