Northwest Indiana Neighborhood Facts
January, 2009-January, 2010
Neighborhood #of Sales Average Sales Highest Sales
Price Price
Dyer 141 $219,436 $1,150,000
Days on Market 98 461
Crown Point 304 $198,587 $1,400,000
Days on Market 121 684
Hammond North/South 433 $ 56,118 $ 225,000
Days on Market 94 537
Hessville 174 $ 66,529 $ 155,000
Days on Market 90 527
Highland 189 $144,577 $ 370,000
Days on Market 97 466
Munster 168 $232,214 $1,150,000
Days on Market 95 677
Schererville 163 $224,174 $ 850,000
Days on Market 122 642
This information was supplied by the GNIAR Multiple Listing Service and does not include all new home sales or homes that sold privately. All the information is public record.
We hope that you will find this information useful.
Please feel free to call anytime for more specific information or a free market analysis of your home.
Homebuyer Tax Credit
Extended and Expanded!
It's Official.
The First Time Homebuyer Tax Credit has been extended, which is great news for you whether you are buying or selling. Buyers now have until April 30, 2010 to secure a contract on a home and must close on that home prior to July 1, 2010 in order to receive the credit. On the heels of an improving market, there really is no better time to take advantage of an incentive like this.
The new Tax Credit is similar to its predecessor only the government has expanded the program and sweetened the pot. Initially, only First Time Buyers were eligible for the $8,000 credit. That opportunity is still available, but now there is a new incentive: $6,500 for existing homeowners who purchase a new home - provided they have lived in their current residence for at least five years. Income limits also have been increased so more borrowers are eligible.
Need help establishing your qualifications? As your REALTOR®, I can help you determine how to successfully take advantage of these incentives. Whether you’re looking to buy your first home, sell or move up, I’m here to offer you candid advice on market conditions, and, of course, the updated Homebuyer Tax Credit.
If you want more information feel free to give me a call at (219) 934-6324.
