Trail Creek, IN housing market
The typical Trail Creek home is worth about $255,000, up 5.1% in a year, close to the Indiana typical home. Homes typically sell in 69 days, below asking.
Home values, sales, trends and how Trail Creek compares with the towns next door — updated as new data is published.
Trail Creek at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Trail Creek | Indiana |
|---|---|---|
| 2017 | $118,000 | $135,000 |
| 2018 | $125,000 | $144,000 |
| 2019 | $133,000 | $154,000 |
| 2020 | $142,000 | $164,000 |
| 2021 | $158,000 | $183,000 |
| 2022 | $183,000 | $209,000 |
| 2023 | $203,000 | $227,000 |
| 2024 | $214,000 | $237,000 |
| 2025 | $232,000 | $249,000 |
| 2026 | $244,000 | $256,000 |
| August 2026 | $255,000 | $260,000 |
No new homes permitted in 2025
No permits for new homes were issued in Trail Creek in 2025. The last year with any was 2021 (1 new home).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Trail Creek gained 8 residents while 8 new homes were permitted: about 1 new resident per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Indiana: 1.7 new residents per new home.
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) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 1 | 1 | 0 | $135,000 |
| 2020 | 1 | 1 | 0 | $135,000 |
| 2019 | 1 | 1 | 0 | $135,000 |
| 2018 | 1 | 1 | 0 | $135,000 |
| 2017 | 1 | 1 | 0 | $135,000 |
| 2016 | 1 | 1 | 0 | $135,000 |
| 2015 | 1 | 1 | 0 | $135,000 |
| 2014 | 1 | 1 | 0 | $135,000 |
| 2013 | 1 | 1 | 0 | $135,000 |
| 2012 | 1 | 1 | 0 | $135,000 |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 1 | 1 | 0 | $100,000 |
| 2007 | 1 | 1 | 0 | $100,000 |
| 2006 | 1 | 1 | 0 | $100,000 |
| 2005 | 1 | 1 | 0 | $100,000 |
| 2004 | 1 | 1 | 0 | $100,000 |
| 2003 | 1 | 1 | 0 | $81,000 |
| 2002 | 3 | 3 | 0 | $515,000 |
| 2001 | 1 | 1 | 0 | $175,000 |
| 2000 | 2 | 2 | 0 | $120,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Trail Creek and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Trail Creek | $255K | +5.1% | $1,090 | 0 | $77,635 |
| Michigan City | $196K | +4.4% | $1,090 | 29 | $53,089 |
3.3 years of income
The typical Trail Creek home costs about 3.3 years of the town's median household income, less than across Indiana (3.6 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,090
HUD's Fair Market Rent for a two-bedroom in Trail Creek is $1,090 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Trail Creek pay a median of $947, so moving in tends to cost more than staying put. A two-bedroom takes about 17% of the town's median household income.
Studio $830 · 4 bedrooms $1,580
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (46360; 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, August 2026. 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. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.