Median home value in zip code 46405 (Lake Station, IN) is $147,804, down 2.2% year over year. Part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area.

Home Value$147,804

YoY Change

-2.2%

Prices falling — better for buyers.

Affordability

Enter your income for 46405 (Lake Station).

Income (annual)

Down Payment

$29,561 on $147,804

Example: $75,000 household income. Change it above to see your own.

Affordable18.2% of income

Under the 28% guideline.

PITI$1,139

P/I18.2%

Afford$227K

Room+$79K

P&I $747Tax $259Ins $133

6.50% 30yr, 20% down, county tax + IN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

46405 is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Chicago-Naperville-Elgin, IL-IN-WI analysis

Want deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.

Try Free

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.