Metro area index
Home appreciation in the Lake County-Porter County-Jasper County, IN metropolitan division
FHFA HPI® data shows the Lake County-Porter County-Jasper County, IN metropolitan division's all-transactions index changed +4.1% over the year to Q2 2026, versus +4.6% for Indiana and +3.0% for the U.S. That ranks 155th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +4.1%
- 5-year change
- +40.8%
- Since Q1 1995
- +197%
- Metro rank (1 year)
- 155th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Lake County-Porter County-Jasper County, IN vs Indiana and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Lake County-Porter County-Jasper County, IN: 296.8
- Indiana: 319.8
- United States: 391.6
Appreciation by time window
| Window | Metro | IN | U.S. | Gap vs IN | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +4.1% | +4.6% | +3.0% | −0.5 pts | +1.0 pts |
| 3 years | +14.7% | +16.2% | +12.9% | −1.5 pts | +1.9 pts |
| 5 years | +40.8% | +46.7% | +41.3% | −5.9 pts | −0.5 pts |
| 10 years | +89.9% | +104% | +93.3% | −13.7 pts | −3.4 pts |
| Since Q1 1995 | +197% | +220% | +292% | −23.0 pts | −94.7 pts |
3-digit ZIP regions in the Lake County-Porter County-Jasper County, IN area
Regions with at least 10% of their 2010 population inside the metro division, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 464 · Gary, IN area | IN | +4.1% | +40.8% | +197% | 100% |
| 463 · Hammond, IN area | IN | +4.3% | +42.1% | +201% | 83% |
Boom, bust, and recovery in Lake County-Porter County-Jasper County, IN area
Lake County-Porter County-Jasper County, IN area's index peaked in Q1 2008, fell 10.8% to its low in Q2 2012, and regained its peak in Q2 2017, about 9.2 years after the top. Today it sits +86.6% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q1 2008 | Q2 2012 | -10.8% | Q2 2017 (9.2 yrs) | +86.6% |
| IN | Q1 2008 | Q2 2011 | -7.3% | Q3 2015 (7.5 yrs) | +110% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Lake County-Porter County-Jasper County, IN area's index has changed +34.1% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | IN after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | +0.2% | +0.7% | -0.8% |
| 3 years | +9.8% | +4.5% | +5.8% | +2.8% |
| 5 years | +24.0% | +13.5% | +18.3% | +13.9% |
| 10 years | +39.1% | +36.5% | +46.4% | +39.0% |
| Since Q1 1995 | +121% | +34.1% | +44.5% | +76.8% |
If you bought in the Lake County-Porter County-Jasper County, IN area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +189% | $867,303 |
| Q2 2000 | +151% | $754,116 |
| Q2 2005 | +105% | $615,724 |
| Q2 2010 | +102% | $606,126 |
| Q2 2015 | +94.3% | $583,029 |
| Q2 2020 | +59.1% | $477,151 |
| Q2 2021 | +40.8% | $422,299 |
| Q2 2023 | +14.7% | $344,166 |
| Q2 2025 | +4.1% | $312,179 |
Frequently asked questions
- How much have home prices risen in the Lake County-Porter County-Jasper County, IN area?
- FHFA HPI® data for the Lake County-Porter County-Jasper County, IN metropolitan division shows changes of +4.1% over one year, +40.8% over five years, and +89.9% over ten years to Q2 2026, and +197% since Q1 1995.
- Is the Lake County-Porter County-Jasper County, IN area beating the national average?
- Over the past year the metro's index moved +1.0 pts versus the U.S.; over five years the gap is −0.5 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan division. The index covers the whole area, so individual neighborhoods and homes can differ from it.