46403 — Lake County, Indiana Market Snapshot
Housing market data for zip code 46403 in Lake County, Indiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
34 sales in 2026 (year to date)
Median Sale Price
$194,250
Days to Sell
83
Homes Sold
34
Inventory
24
Sale-to-List
97.3%
New Listings
40
Price/SqFt
$114
Pending Sales
42
Conforming Loan Available
Most homebuyers in 46403 can comfortably use conventional financing. The median home price of $194,250 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 83 days on average, 46403 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 46403 sells for 2.7% below asking price (97.3% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 46403 can comfortably use conventional financing. The median home price of $194,250 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 46403 are set at the county level.
2026 Loan Limits — Lake County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 46403
To purchase the median home at $194,250 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,638.
Monthly Payment
$1,638
Income Required
$70,212
Principal & Interest
$1,197/mo
Down Payment (5%)
$9,713
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 46403.
Estimated Monthly Payment
$1,352
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 46403. Tell us what you're looking for.