Metro area index
Home appreciation in the Michigan City-La Porte, IN metro area
FHFA HPI® data shows the Michigan City-La Porte, IN metro area's all-transactions index changed +6.6% over the year to Q2 2026, versus +4.6% for Indiana and +3.0% for the U.S. That ranks 49th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +6.6%
- 5-year change
- +55.3%
- Since Q1 1995
- +242%
- Metro rank (1 year)
- 49th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Michigan City-La Porte, IN vs Indiana and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Michigan City-La Porte, IN: 341.6
- 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 | +6.6% | +4.6% | +3.0% | +2.0 pts | +3.6 pts |
| 3 years | +21.1% | +16.2% | +12.9% | +4.8 pts | +8.2 pts |
| 5 years | +55.3% | +46.7% | +41.3% | +8.7 pts | +14.0 pts |
| 10 years | +114% | +104% | +93.3% | +10.5 pts | +20.8 pts |
| Since Q1 1995 | +242% | +220% | +292% | +21.8 pts | −50.0 pts |
3-digit ZIP regions in the Michigan City-La Porte, IN area
Regions with at least 10% of their 2010 population inside the metro, 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 |
|---|---|---|---|---|---|
| 463 · Hammond, IN area | IN | +4.3% | +42.1% | +201% | 16% |
Boom, bust, and recovery in Michigan City-La Porte, IN area
Michigan City-La Porte, IN area's index peaked in Q2 2008, fell 11.0% to its low in Q1 2012, and regained its peak in Q4 2016, about 8.5 years after the top. Today it sits +107% 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 | Q2 2008 | Q1 2012 | -11.0% | Q4 2016 (8.5 yrs) | +107% |
| 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, Michigan City-La Porte, IN area's index has changed +54.3% 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% | +2.7% | +0.7% | -0.8% |
| 3 years | +9.8% | +10.3% | +5.8% | +2.8% |
| 5 years | +24.0% | +25.2% | +18.3% | +13.9% |
| 10 years | +39.1% | +53.9% | +46.4% | +39.0% |
| Since Q1 1995 | +121% | +54.3% | +44.5% | +76.8% |
If you bought in the Michigan City-La Porte, 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 | +236% | $1,007,739 |
| Q2 2000 | +179% | $837,230 |
| Q2 2005 | +125% | $676,059 |
| Q2 2010 | +119% | $655,559 |
| Q2 2015 | +119% | $656,441 |
| Q2 2020 | +73.0% | $519,081 |
| Q2 2021 | +55.3% | $465,974 |
| Q2 2023 | +21.1% | $363,239 |
| Q2 2025 | +6.6% | $319,881 |
Frequently asked questions
- How much have home prices risen in the Michigan City-La Porte, IN area?
- FHFA HPI® data for the Michigan City-La Porte, IN metro area shows changes of +6.6% over one year, +55.3% over five years, and +114% over ten years to Q2 2026, and +242% since Q1 1995.
- Is the Michigan City-La Porte, IN area beating the national average?
- Over the past year the metro's index moved +3.6 pts versus the U.S.; over five years the gap is +14.0 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.