Lake Market Update: What 2025 Is Telling Us Across Northeastern Indiana
Sandy Ginn June 19, 2025
Sandy Ginn June 19, 2025
As we move through the second quarter of 2025, the lakefront real estate market across Northeastern Indiana is showing signs of change. While demand remains steady, average sale prices have come down from recent highs, and many properties are spending more time on the market. Here’s a look at current market conditions across three key counties in the region—Steuben, LaGrange, and Kosciusko.
Steuben County is home to more than 101 lakes, including Lake James, Clear Lake, Jimmerson Lake, Lake Gage, and Lake George. The Four Corners area remains a vibrant hub of dining, shopping, and recreation, attracting both vacationers and year-round residents from nearby Michigan and Ohio.
So far in 2025, the average sale price for lakefront homes is $664,800, with properties spending an average of 70 days on the market. Compared to the faster pace of recent years, homes are taking longer to sell, and buyers are more selective—making pricing and presentation more important than ever.
With 70 lakes, including Big Long Lake, Pretty Lake, Dallas Lake, and Westler Lake, LaGrange County offers a more rural and peaceful lakeside experience. Its proximity to Fort Wayne and popular destinations like Shipshewana makes it attractive for those seeking a quiet retreat.
In the first half of 2025, the average sale price for lake homes in LaGrange County is $383,940, with an average of just 35 days on the market. The lower average price and quicker sales suggest consistent demand, particularly for well-maintained properties offering good lake access.
Kosciusko County features more than 100 lakes, including Lake Wawasee, Syracuse Lake, Tippecanoe Lake, Webster Lake, and Big Chapman Lake. The area combines larger bodies of water with lakeside towns like Syracuse that offer shopping, dining, and convenient access to Fort Wayne.
So far this year, the average lakefront home sale price is $658,776, with properties spending around 67 days on the market. The pace of sales has slowed slightly, but interest remains steady—especially around well-known lakes like Wawasee and Tippecanoe.
Lake prices across Northeastern Indiana have adjusted, and homes are taking longer to sell in most areas compared to the past few years. While the market remains active, it’s no longer moving at the frenzied pace of previous seasons. Buyers are more measured, and sellers should be prepared with strong strategy and presentation to meet today's expectations. Whether you're looking to buy or sell, understanding how each county's trends are shifting will be key to making informed decisions in 2025.
Lakefront homes across Northeastern Indiana are still in demand, but showing a shift toward longer market times and more selective buyers.
Understanding what your homeowners insurance covers—and what it doesn’t—can help you protect your investment and avoid costly surprises.
In a market where multiple offers are the norm, strategic moves like clean terms, appraisal gap coverage, and strong representation can set your offer apart.
Deciding whether to rent or buy? Explore the pros and cons of each to determine the best fit for your lifestyle, goals, and stage of life.
If your home didn’t sell the first time, it’s not the end—it’s time for a smarter strategy, expanded exposure, and a marketing plan that gets results.
Boost your home’s first impression with simple weekend projects that instantly elevate curb appeal—no major renovations required.
Understanding the home appraisal process can help buyers, sellers, and homeowners navigate property valuation with confidence and avoid potential setbacks.
Navigating your first home purchase? From location and lifestyle to budget and long-term value, here’s what to consider to make the right choice.
Discover the top 2025 interior design trends, from warm earthy tones to statement stone surfaces and vintage charm, for a home that feels inviting and stylish.
With experience in every type of real estate transaction, we aim to deliver sound advice, extensive research, and tenacious negotiating in order to secure incredible results for our clients. Every opportunity to serve our clients is a beautiful gift worth cherishing.