Real Estate Market Update for 46383 (Valparaiso, IN)
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 7% from one year earlier, and up 27% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 230-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 100%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 150-thousand dollars. The number of units sold increased 100% year-over-year, and decreased 67% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 46383 (Valparaiso, IN)
Area Information for 46383 (Valparaiso, IN)
  • Population: 40,853
  • Median Age: 35.87 yr
  • Median Commute Time: 16.63 mins
  • Educational Climate*: 4
  • Sales Tax: 7%
  • Population Density: 468/sq mi
  • Population Change Since 2000: 14.33%
  • Closest Airport: South Bend
  • Closest College: Valparaiso University
  • Closest Jr. College: Ivy Tech Community College-valparaiso
  • Median Household Income: $58,343
  • Annual Residential Turnover: 17.59%
  • Median Years in Residence: 3.45 yr
  • Median Home Sales Price: $162,326
  • Closest Major Sports Team: White Sox
  • Change Avg. Household Income Since 2000: 14%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 46383 (Valparaiso, IN)
Median Age: 35.87 Married: 34% Number of Households: 15,820 Households with Children: 4,899
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 46383 (Valparaiso, IN)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Central Elementary School 0.8 mi Public K-5 4-5 4
      Parkview Elementary School 0.9 mi Public K-5 4 5
      Porter County Career Center 1.2 mi Public 11-12 0 4
      Tall Oaks Christian School 1.5 mi Private 1-3 0 5
      Thomas Jefferson Middle School 1.6 mi Public 6-8 3 4
      Northview Elementary School 1.6 mi Public K-5 5 4
      Thomas Jefferson Elem School 1.6 mi Public K-5 4-5 4
      Immanuel Lutheran School 1.8 mi Private PRESCHOOL-8 4-5 5
      Victory Christian Academy 2.4 mi Private PRESCHOOL-12 3-5 5
      Cooks Corners Elementary School 2.7 mi Public K-5 3 4
      Flint Lake Elementary School 3.2 mi Public K-5 4 5
      Washington Twp Middle/high School 3.7 mi Public 6-12 3-5 4
      Washington Twp Elementary School 3.7 mi Public K-5 4-5 4
      John Simatovich Elem School 4.9 mi Public K-5 4-5 3
      Morgan Township Elementary School 5.1 mi Public K-5 4-5 5
      Morgan Township Middle/high School 5.1 mi Public 6-12 4-5 5
      Shults Lewis Child & Family Srvs 5.2 mi Private 7-12 0 0
      Jackson Elementary School 7.2 mi Public K-4 5 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for 46383 (Valparaiso, IN)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.